1417 Carmel Street San Luis Obispo CA 93401 MLS #SC24126796

Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, with brand new carpeting and water heater, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.

Property Details

Price:
$1,000,000
MLS #:
SC24126796
Status:
Active
Beds:
2
Baths:
2
Address:
1417 Carmel Street
Type:
Single Family
Subtype:
Duplex
Neighborhood:
slosanluisobispo
City:
San Luis Obispo
Listed Date:
Jun 18, 2024
State:
CA
Finished Sq Ft:
1,144
ZIP:
93401
Lot Size:
3,200 sqft / 0.07 acres (approx)
Year Built:
1950

Schools

Interior

Cooling
None
Fireplace Features
None

Exterior

Community Features
Biking
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00

Map

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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

More About JoAnn
1417 Carmel Street
San Luis Obispo, CA