Active

1042 Olive Street

San Luis Obispo CA, 93405

$1,850,000


$82.22 per sqft

Active

0.52 Acres

Land

Listed by Steven Relth with Lee and Associates 805-962-6700

Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.

PI23228977

MLS ID

December 20, 2023

Listed

April 14, 2024

Updated

Map

1042 Olive Street
San Luis Obispo CA, 93405

Exterior/Building Features

Lot Size

0.52 Acres


Lot Features

26-30 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

27


Garage

No


View

Yes


View Description

City Lights


County

San Luis Obispo


Water Source

Public


Pool

No


Zoning

CT


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/14/2024

Price Change

$1,850,000

-8%

4/12/2024

Active

1/17/2024

Pending

Listing Contact: 805-962-6700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/14/2024 at 5:09 AM UTC

 

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