& 458 Islay ST, San Luis Obispo, CA 93401
& 458 Islay ST, San Luis Obispo, CA 93401
& 458 Islay ST, San Luis Obispo, CA 93401
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$1,425,000
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7,501 Sqft Lot
New

& 458 Islay ST San Luis Obispo, CA 93401

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID SC26090280

HOA Y/N No

Year Built 1900

Lot Size 7,501 Sqft

Property Sub-Type Triplex

Property Description

Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units on a spacious 7,500 square foot parcel. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is a character rich 2-bedroom + office (or 3-bedroom), 1.25-bath single family home built circa 1900, offering ±928 square feet of living space. The home offers a fenced front yard, charming porch, hardwood floors, and large bedrooms with 10' ceilings. Additional highlights include a walk-in pantry, indoor laundry and storage shed. The home is currently leased for $3,010/month. Situated at the rear of the property is two-story duplex built in 1990, totaling approximately ±898 square feet. Each unit is a thoughtfully designed studio with a loft, providing efficient and flexible living space. Both studios have vaulted ceilings, under stair storage, a nicely sized kitchen, private patio/yard space and shared laundry. These studios are currently leased for $1,800/month and $1,850/month. There are (4) on site parking stall, (5) electric meters, (3) gas meters and (2) water meters, with potential for subdivision to separate the single family home and duplex onto their own parcels (verify with City planning). With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Other Rooms Shed(s)

Interior

Interior Features Loft

Heating Wall Furnace

Cooling None

Flooring Carpet, Wood

Fireplaces Type None

Inclusions Appliances not owned by Tenants

Fireplace No

Appliance Disposal, Gas Oven, Refrigerator, Water Heater

Laundry Laundry Room

Exterior

Parking Features Assigned, Driveway

Pool None

Community Features Curbs, Gutter(s), Hiking, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level One,Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One, Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 003614023

Acceptable Financing Cash, Conventional, Trust Conveyance

Listing Terms Cash, Conventional, Trust Conveyance

Special Listing Condition Standard, Trust

Virtual Tour https://islaytriplex.com/idx

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Graham Updegrove California Coastal Real Estate graham@ccreslo.com, DRE #01873454

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& 458 Islay ST

 
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