1729 Morro Street, San Luis Obispo, CA 93401

$1,250,000
6
BD
3
BA
2,805
SqFt
List Price
$1,250,000
Status
ACTIVE UNDER CONTRACT
MLS#
SC17104189
Year Built
1936
Bedrooms
6
Bathrooms
3
Living Sq. Ft
2,805
Lot Size
6,850
Lot Location
6-10 Units/Acre, Level with Street, Paved, Yard
Days on Market
154
Property Type
Single Family Residential
Style
Spanish
Property Sub Type
Triplex
Stories
Two Level
Neighborhood
San Luis Obispo(380)

Property Description

A great opportunity to own a classic multi-family property located three blocks from downtown San Luis Obispo. All-encompassing Spanish style; tile roof, old growth landscaping, and koi pond with waterfall. A most ideal living experience, with no through traffic in the Historic Railroad Square neighborhood adjacent to the popular bike path. The three units encompass a 2 bedroom, 1 bathroom upper unit, a 3 bedroom 1 bathroom legal, non-conforming living quarters, which together can be converted back to a single residence. Separated by the drive space is a 1 bedroom, 1 bathroom home adjoined with a non-conforming walk-out basement and bathroom. The entire property generates $5,850 a month, which is below market, and the nearly 7,000 square foot R3 lot allows room for development. Enjoy living here while offsetting your expenses, or acquiring a fully leased investment property within this coveted part of town.

Additional Information

Lot Description
Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting
Appliances
Gas Range
Pool Description
None
Fireplace Description
None
Heat
Wall Heater, Natural Gas
Cooling Description
None
View
Pond
Roof
Clay, Tile
Water
Public
School District
San Luis Coastal Unified
Attached Structure
Attached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Frankie Ciano from Ciano Real Estate Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.