250 Kentucky ST Pending

San Luis Obispo,CA 93405

$ 1425000

3 Beds

3 Baths

1500 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $950

Subdivision San Luis Obispo(380)

MLS Listing ID PI25191231

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1950

Lot Size 8,542 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare opportunity to obtain an income property located just five minutes' walking distance to Cal Poly University! The property includes two units: a 2-bedroom (ability to create a 3rd bedroom), 1.5-bath main residence with indoor laundry, plus a detached turnkey studio. The premium location delivers breathtaking views of Madonna Mountain and Bishop Peak, making it highly desirable for tenants and future growth. A huge bonus is the detached 2 car garage and large driveways for on site parking in addition to the street side parking. Cash flow potential from dual units, plus potential opportunities for additional unit development on the large lot. Situated in the heart of San Luis Obispo, you're only a short drive to pristine Central Coast beaches and less than 30 minutes to the award-winning Paso Robles wine country. A unique chance to secure rental income and strong potential appreciation in one of California's most sought-after university towns.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R1

Interior

Cooling None

Fireplaces Type Family Room

Laundry In Kitchen

Exterior

Parking Features Door-Multi,Driveway,Garage,Off Site,Permit Required

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs,Sidewalks

View Y/N Yes

View City Lights,Hills,Mountain(s)

Building

Lot Description 2-5 Units/Acre,Back Yard,Front Yard

Dwelling Type House

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools San Luis Obispo

School District Lucia Mar Unified

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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