550 Higuera Street Unit #9, San Luis Obispo, CA 93401
- $550,000
- 4
- BD
- 2
- BA
- 1,300
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- SP19268961
- Year Built
- 2019
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,300
- Lot Size
- 21,780
- Acres
- 0.5
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 21
- Property Type
- Single Family Residential
- Property Sub Type
- Own Your Own
- Stories
- Two Level
- Neighborhood
- San Luis Obispo(380)
Property Description
This is a 30 unit, gated community DOWNTOWN San Luis Obispo. Each home is set up as a duplex, with two separate, private entrances- and two SEPARATE kitchens. There is NOTHING at this price which allows you to live in half of your investment while making rental income from the other half. This unit produces an income of $1,850 per floor. The models have high end fixtures and are thoughtfully designed. These are pre-manufactured, two story buildings, which means the buyer has the benefit of having very low property tax, approx $1,400 per year. The development is downtown, yet QUIET because there is no overnight parking directly at the unit. Instead, the sellers have reserved a parking space across the street for each building. Downtown Terrace is a peaceful, fully fenced/gated, private neighborhood, right in the middle of all of the action.
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Additional Information
- Land Lease
- Yes
- HOA
- 650
- Frequency
- Monthly
- Association Amenities
- Management, Other
- Lot Description
- Biking
- Pool Description
- None
- Fireplace Description
- None
- Heat
- Central
- Cooling Description
- None
- View
- Mountain(s)
- Sewer
- Public Sewer
- Water
- Public
- School District
- San Luis Coastal Unified
- Number of Units
- 30
- Attached Structure
- Detached
- Total Number of Units
- 30
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Listing courtesy of Ginger Woods from Paramount Properties
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.