$2,199,000

1527 Royal Way

San Luis Obispo CA, 93405

Description

Opportunity to acquire a well maintained and 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 and stable income producing asset, reach out for a showing today.

Details

MLS#SC20256190
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1971
Days On Site122

Features

SQ Feet4,450
Units4
Building(s)1

Market Activity 93405

Loading Form
Loading Form
Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO - San Luis Obispo
Listing VS Median (in 93405)
Price:
$2,199,000
low | high
Med:
$644,500
100% of Average
SqFt:
4,450
low | high
Med:
1,070
100% of Average
$ / SqFt:
$494
low | high
Med:
$602
28.253922634891% of Average
On Site:
122
low | high
Med:
404
30.19801980198% of Average
Sourced by Back At You
Listing Updated: March 20, 2021 12:25:23 AM 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.