REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,549,000
Est. payment /mo
New
1929 Chorro San Luis Obispo, CA 93401
5 Beds
3 Baths
7,500 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC26171503
Bedrooms 5
Lot Size 7,500 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 ste
Location
State CA
County San Luis Obispo
Zoning Assessor
Direction Chorro
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 003644008
Listed by Sarah Weber, DRE#01077788 Compass