$1,987,000

1527 Royal Way

San Luis Obispo CA, 93405

Description

*Price Improvement* Prime opportunity to acquire a well maintained and well managed income property located in a desirable area of San Luis Obispo. Situated near Laguna lake, Costco, Home depot, Target, 101 freeway, and Cal Poly, this investment property features 4 large units (approx. 1,125sqft each) which have been well maintained and have received recent capital improvements such as new painting, front landscaping and patio doors and windows. Each unit has 2 bedrooms, 1.5 baths, private front patios and private back fenced yards. Each unit features a fireplace, high ceilings, Oak staircase, 3 skylights for natural light, and architectural aesthetics. Established tenants have included medical professionals and professors. If you are looking for a low turn over, low expense and stable income producing asset on the beautiful Central Coast of California, here it is!

Details

MLS#SC20256190
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1971
Days On Site186

Features

Story(s)2
Units4
Building(s)1
ZoningR2
Acreage0.24
Golf CourseN
Water FrontNo

Market Activity 93405

Loading Form
Loading Form
Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$1,987,000
low | high
Med:
$819,900
100% of Average
On Site:
186
low | high
Med:
12
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1501 Froom Ranch Way Property Photo 1
$0
1501 Froom Ranch Way
San Luis Obispo, CA 93405
Listing Updated: June 14, 2021 12:22:49 PM PDT
Joshua Farris LogoMLS Number: SC20256190
Listing Provided By:
Joshua Farris  of  Atlas Real Estate Investment
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.