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Key Details
Sold Price $1,025,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,618 sqft
Price per Sqft $633
Subdivision San Luis Obispo(380)
MLS Listing ID SC22260593
Sold Date 05/05/23
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1939
Lot Size 6,534 Sqft
Property Description
Great investment opportunity! Currently leased for $4,750 per month with lease expiring on June 30, 2023, this house is managed by a professional property management and never been vacant under the current ownership. A new lease will be negotiated in January so if you're looking to buy the house without tenants, now is the time to put in an offer. This property is located in the rare Federal Tax Opportunity zone and situated on an R-2 lot with the potential to build an ADU, optimizing the benefit of owning a property within the Tax Opportunity Zone. Buyers/investors are advised to check with their tax professionals and the city of SLO regarding the benefit and ability to build a second unit on this property.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R2
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Heating Forced Air, Fireplace(s)
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry None
Exterior
Garage Driveway, Garage, On Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Hiking, Park
View Y/N No
View None
Accessibility Accessible Approach with Ramp
Parking Type Driveway, Garage, On Street
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Near Park, Near Public Transit, Yard
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 001043014
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Natalie Tartaglia • Tartaglia Real Estate
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