Price Reduced Listing
1929 Chorro,San Luis Obispo, CA 93401
San Luis Obispo, CA 93401
Description
A special opportunity near downtown San Luis Obispo, 1929 Chorro Street features three separate residences on a 7,500 sf parcel, offering strong income potential with the flexibility for an owner-occupant or multigenerational living. The main residence is a three-bedroom, two-bath home with approximately 1,095 sf of living space. Built in 1910, the home includes hardwood cabinetry, stainless steel appliances, and tile countertops in the kitchen, porcelain countertops in the bathroom, and tile-and-fiberglass wainscoting in the shower. Flooring is a mix of wood laminate, tile, and vinyl, with an interior laundry area. A welcoming front yard creates a distinct outdoor space for the main residence, which is currently leased for $3,356/month. Two detached one-bedroom units sit apart from the main home. Unit A offers approximately 607 sf with a spacious living area, one bedroom, one bathroom, a small outdoor patio, and exclusive access to a 419 sf detached storage room. Unit B also offers approximately 607 sf, with abundant natural light, a view of Cerro San Luis from the kitchen, tile countertops, and a small bar area with room for stools. Both units are currently leased at $1,500/month, which is under market value, and feature wood-like laminate and tile flooring. The two units share a detached 80 sf laundry room. The property also offers off-street parking for all three residences, plus a garage and additional storage area. There are 2 gas meters, 1 water meter, and 3 electric meters on site. Three independent living spaces. Established rental income. A prime location just steps from downtown's restaurants, shops, and everyday conveniences. This property should not be missed! Information not verified.
Details
| MLS # | SC26171503 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 10 |
| Listing Provided By | Compass | Sarah Weber |
Features
| SQ Feet | 2,358 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Acreage | 0.17 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans |
| Window Features | Blinds |
| Appliances | Dishwasher, Electric Range, Disposal, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Wood Siding |
| Foundation Details | Raised |
| Lot Features | Two To Five Units Acre, Level |
Parking
| Parking Features | Driveway, Paved, One Space |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Gutters, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Community Name | San Luis Obispo(380) |
| Listing VS Median (in San Luis Obispo(380)) | |
Price: $1,495,000 low | high Med: $2,300,000 sqft: 2,358 low | high Med: 2,698 $ / sqft: $634 low | high Med: $863 On site: 10 low | high Med: 13.5 | |
Market Activity 93401
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Community Name | San Luis Obispo(380) |
| Listing VS Median (in San Luis Obispo(380)) | |
Price: $1,495,000 low | high Med: $2,300,000 sqft: 2,358 low | high Med: 2,698 $ / sqft: $634 low | high Med: $863 On site: 10 low | high Med: 13.5 | |
