San Luis Obispo, CA 93405,1543 Royal WAY
San Luis Obispo, CA 93405,1543 Royal WAY
San Luis Obispo, CA 93405,1543 Royal WAY
$1,360,000
Est. payment /mo
$1,399,000
2.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8,886 Sqft Lot
SOLD DATE : 02/23/2024

Key Details

Sold Price $1,360,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID NS24009577

Sold Date 02/23/24

HOA Y/N No

Year Built 1970

Lot Size 8,886 Sqft

Property Description

We are excited to present a new investment opportunity in San Luis Obispo at 1543 Royal Way. This complex has 3 units and is perfect for investors looking for a great property in a desirable neighborhood. The building is located on a wonderful street that is close to schools, restaurants, and shopping centers. Big box stores are also conveniently located nearby. The property offers approximately 3442 sq. ft+/- of rentable space with an attractive unit mix of 3 Bedrooms / 2 Baths, 2 Bedrooms /1.5 Baths, and 2 Bedrooms/ 1 Bath units. It has garage parking, additional parking spaces for each unit, and a shared laundry onsite. Each unit is individually metered for electricity and has open, airy kitchens and living areas. The larger unit has a private backyard and another unit has a private patio space. The property has a good walkability score, making it a great location as tenants can easily accomplish some errands on foot. San Luis Obispo has been experiencing significant growth and investment interest for many years. It is home to amazing colleges such as California Polytechnic State University and Cuesta College. This property is a great opportunity for buyers and investors to start or expand their investment portfolio.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R2

Interior

Interior Features Laminate Counters

Heating Electric

Flooring Carpet, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Electric Cooktop, Electric Oven, Refrigerator, Water Heater

Laundry In Garage

Exterior

Garage Driveway, Garage Faces Front, Garage, One Space

Garage Spaces 3.0

Garage Description 3.0

Fence Wood

Pool None

Community Features Gutter(s), Sidewalks

Utilities Available Cable Available

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility Parking

Parking Type Driveway, Garage Faces Front, Garage, One Space

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 053102006

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry, Owner May Carry

Financing Cash

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Chantay Andrews • Richardson Sotheby's International Realty • 805-712-5230
Bought with Kristi Donati • The Avenue Central Coast Realty, Inc.

GET MORE INFORMATION

Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.