1527 Royal WAY San Luis Obispo, CA 93405
4,544 SqFt
UPDATED:
11/12/2024 06:26 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,544 sqft
Price per Sqft $571
Subdivision San Luis Obispo(380)
MLS Listing ID PI24219494
HOA Y/N No
Year Built 1971
Lot Size 10,497 Sqft
Acres 0.241
Property Description
All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower.
The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight.
2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out.
Lot has electric plug for the RV and is possible to connect to the existing sewer line.
The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close.
As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases.
Large lot 11,000 sq ft, view of the mountains from several bedrooms.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Rooms
Other Rooms All Bedrooms Up, Foyer
Interior
Interior Features Formica Counters, High Ceilings
Heating Central
Cooling None
Flooring Tile, Vinyl
Fireplaces Type Family Room, Gas
Fireplace Yes
Laundry Dryer Included, Inside, Stackable, Washer Included
Exterior
Garage Assigned, Asphalt, Driveway Level
Fence Wood
Pool None
Community Features Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Gutters, Park, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Confidential INFO
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS Write all offers subject to viewing. No showings, without an accepted offer.
SHOW CONTACT TYPE Agent,See Remarks
SHOW CONTACT NAME Jim Kelsey
SHOW CONTACT PH 805-709-4828
SHOW INSTRUCTIONS No showings without an offer being submitted.
GET MORE INFORMATION