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.

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.