$1,400,000
$1,650,000
15.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
6 Baths
7,500 Sqft Lot
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI24153404
Sold Date 11/21/24
Bedrooms 1
HOA Y/N No
Lot Size 7,500 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Dont miss this opportunity to acquire a well maintained 6-unit apartment building in downtown San Luis Obispo. The property is comprised of (4) one-bedroom units and (2) studio apartments with newer vinyl windows throughout and luxury vinyl plank flooring downstairs. This property has a Walk Score of 83 and Bike Score of 93! Residents can enjoy the downtown restaurants, shops, and clubs as well as grocery stores and other services nearby. With nearly 30% upside in rents, this property offers the prudent investor lots of opportunity.
Dont miss this opportunity to acquire a well maintained 6-unit apartment building in downtown San Luis Obispo. The property is comprised of (4) one-bedroom units and (2) studio apartments with newer vinyl windows throughout and luxury vinyl plank flooring downstairs. This property has a Walk Score of 83 and Bike Score of 93! Residents can enjoy the downtown restaurants, shops, and clubs as well as grocery stores and other services nearby. With nearly 30% upside in rents, this property offers the prudent investor lots of opportunity.
Location
State CA
County San Luis Obispo
Area San Luis Obispo (93401)
Zoning Public Rec
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Exchange
Space Rent $5,050
Listing Terms Cash, Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Steven Battaglia, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "