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Key Details
Sold Price $1,950,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,970 sqft
Price per Sqft $989
Subdivision San Luis Obispo(380)
MLS Listing ID PI24070595
Bedrooms 8
Full Baths 3
Year Built 1949
Lot Size 5,000 Sqft
Property Description
Welcome to 254 Grand Ave in San Luis Obispo! BOTH UNITS CURRENTLY LEASED FOR 2024-2025 SCHOOL YEAR!
The main house, freshly remodeled in 2024, boasts four bedrooms, a modern bathroom and attached garage. Additionally, a newly constructed ADU offers four bedrooms and two bathrooms, perfect for accommodating guests or tenants. Situated near the college campus and downtown area, this property presents a fantastic opportunity for student rentals.
With its prime location close to the college campus and downtown amenities, 254 Grand Ave is an ideal investment for student housing. The main house's recent renovation ensures a comfortable living space, while the ADU provides additional flexibility for tenants. Don't miss out on the chance to own a property with great potential for rental income in this sought-after area of San Luis Obispo.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R1
Interior
Heating ENERGY STAR Qualified Equipment, Forced Air
Cooling Electric, ENERGY STAR Qualified Equipment
Flooring Vinyl
Fireplaces Type None
Laundry Laundry Closet, Stacked
Exterior
Parking Features Attached Carport, Concrete, Driveway
Garage Spaces 1.0
Garage Description 1.0
Fence Excellent Condition, Wood
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Hills
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District San Luis Coastal Unified
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Bought with Rob Rose • Christie's International Real Estate Sereno