Active

1417 Carmel St.

San Luis Obispo CA, 93401

$1,100,000


$961.54 per sqft

Active

1,144 sqft

Multi-family

Built in 1950

Listed by Layne Smith with Link Real Estate Group, Inc. 805-801-6498

Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Both units have off street parking spaces, while the street offers unmetered parking options. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.

SC24125940

MLS ID

June 25, 2024

Listed

July 14, 2024

Updated

Map

1417 Carmel St.
San Luis Obispo CA, 93401

Interior Features

Total Stories

1


Laundry Description

See Remarks


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

16-20 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

1


Garage

No


Parking

Off Street


Parking Total

2


View

No


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 805-801-6498 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. 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 7/14/2024 at 7:21 AM UTC

 

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