1417 Carmel St., San Luis Obispo CA, 93401

Active

1417 Carmel St.

San Luis Obispo CA, 93401

$1,000,000

$874.13 per sqft

Active

1,144 sqft

Multi-family

Built in 1950

Listed by Layne Smith with Link Real Estate Group, Inc. 805-704-5476

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

October 30, 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: 58
Garage: No
Parking: Off Street
Parking Total: 2
View: No
County: San Luis Obispo
Water Source: Public
Pool: No
Pool Features: None

Listing History

Date	Event	Price
8/22/2024	Price change	$1,000,000 -10%

Listing Contact: 805-801-6498

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/30/2024. 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.

Data last updated on 10/30/2024 at 12:27 PM UTC