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Lester Garcia

re@lestergarciarealtor.com +1(310) 430-5154

$ 1,395,000

Est. payment | -/mo

3 Beds

3 Baths

1,930 SqFt

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$ 1,395,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

1,930 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,930 sqft

Price per Sqft $722

Subdivision San Luis Obispo(380)

MLS Listing ID SC26100392

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1910

Lot Size 4,748 Sqft

Property Sub-Type Triplex

Property Description

Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is an updated 2-bedroom, 2-bath single family home built circa 1910, offering 1,066 square feet of living space. Beyond the front door, an entry foyer leads past a front bedroom to the living room, dining room and galley style kitchen. A nicely sized primary suite is accessed off the living room with a walk-in closet, plus large en-suite bath featuring dual sink vanities and stand up shower. The well-adorned kitchen offers white cabinetry, granite tile counters and pantry space. A second full bathroom and dedicated laundry room with built in desk and storage are at the rear of the house with a door leading to the backyard. House features include tiled flooring throughout, dual pane windows, and neutral paint colors. The home is currently leased for $2,850/month. Situated at the rear of the property is two-story duplex built in 1949, totaling approximately ±864 square feet. Each unit is a 1-Bed, 1-Bath providing efficient and flexible living space and each with their own laundry hookups. These units are currently leased for $1,545/month and $1,570/month + a combined $350/mo utility reimbursement. There are (2) electric meters, (2) gas meters and (2) water meters. With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Other Rooms Shed(s)

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down, Galley Kitchen, Main Level Primary

Heating Wall Furnace

Cooling None

Flooring Tile

Fireplaces Type None

Inclusions Appliances not owned by Tenants

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator

Laundry Laundry Room

Exterior

Parking Features Driveway

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Back Yard

Dwelling Type Triplex

Story 1

Entry Level One,Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One, Two

Additional Building Shed(s)

New Construction No

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 003636006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://chorrotriplex.com/idx

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Listed by Graham Updegrove California Coastal Real Estate graham@ccreslo.com, DRE #01873454

Nearby Locations

GET MORE INFORMATION

Lester Garcia

REALTOR® | Lic# 01884689

re@lestergarciarealtor.com

+1(310) 430-5154

3750 Scheufele Ave, #270, Long Beach, CA, 90808

1721 Chorro San Luis Obispo, CA 93401

Lester Garcia

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

1721 Chorro