0
6 Beds
3 Baths
0.16 Acres
2,805 ft2

1727 Morro San Luis Obispo, CA

$1,250,000

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Property Description

A great opportunity to own a classic multi-family property located three blocks from downtown San Luis Obispo. All-encompassing Spanish style; tile roof, old growth landscaping, and koi pond with waterfall. A most ideal living experience, with no through traffic in the Historic Railroad Square neighborhood adjacent to the popular bike path. The three units encompass a 2 bedroom, 1 bathroom upper unit, a 3 bedroom 1 bathroom legal, non-conforming living quarters, which together can be converted back to a single residence. Separated by the drive space is a 1 bedroom, 1 bathroom home adjoined with a non-conforming walk-out basement and bathroom. The entire property generates $5,850 a month, which is below market, and the nearly 7,000 square foot R3 lot allows room for development. Enjoy living here while offsetting your expenses, or acquiring a fully leased investment property within this coveted part of town.

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Property Information

  • Address: 1727 Morro, San Luis Obispo, CA 93401. 
  • Bedrooms:
  • Bathrooms:
  • Price: $1,250,000 
  • Sq. Ft.: 2,805 
  • MLS #: SC17104189 
  • Year Built: 1936 
  • Listing Courtesy of: Ciano Real Estate Inc. 
  • City: San Luis Obispo 
  • Postal Code: 93401 
  • County: San Luis Obispo 
  • Property Square Footage: 6850.00 

Neighborhood Information

  • School: San Luis Coastal Unified 
  • Neighborhood: San Luis Obispo(380) 

Amenities

  • Pool: None 
  • Spa: None 
  • View: Pond 
  • Fireplace Location: None 
  • Patio: Deck,Patio,Porch - Front 
  • Cooling: None 
  • Heating: Yes 
  • Heat Source: Wall Heater,Natural Gas 
  • Garage Spaces: 0.00 

Other

  • Description: A great opportunity to own a classic multi-family property located three blocks from downtown San Luis Obispo. All-encompassing Spanish style; tile roof, old growth landscaping, and koi pond with waterfall. A most ideal living experience, with no through traffic in the Historic Railroad Square neighborhood adjacent to the popular bike path. The three units encompass a 2 bedroom, 1 bathroom upper unit, a 3 bedroom 1 bathroom legal, non-conforming living quarters, which together can be converted back to a single residence. Separated by the drive space is a 1 bedroom, 1 bathroom home adjoined with a non-conforming walk-out basement and bathroom. The entire property generates $5,850 a month, which is below market, and the nearly 7,000 square foot R3 lot allows room for development. Enjoy living here while offsetting your expenses, or acquiring a fully leased investment property within this coveted part of town. 
  • Style: Spanish 
  • List Date: May 16, 2017 
  • Status: Active Under Contract 
  • Directions: Between Leff and Church on Morro 

Other

  • Listing Agent State License: 01412309 
  • Listing Office State License: 01412309 

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Based on information from California Regional Multiple Listing Service, Inc. as of January 20th, 2018 at 19:07:30PM UTC. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.