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$ 799,000
Est. payment /mo
Price Dropped by $101K
627 Henderson Avenue San Luis Obispo, CA 93401
2 Beds
1 Bath
826 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 826 sqft
Price per Sqft $967
MLS Listing ID SC25030153
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1915
Lot Size 4,531 Sqft
Acres 0.104
Property Sub-Type Detached
Property Description
This property presents an outstanding investment opportunity near Cal Poly, offering versatile R4 zoning for a range of development options. The existing 2-bedroom, 1-bath, 826 sq. ft. home, originally built in 1915, boasts charming hardwood floors and updated electrical as of last year. Development possibilities include retaining the current home and demolishing the garage to create space for one or two additional dwellings, or possibly redeveloping the entire lot. The zoning could allow for up to four 2-bedroom units or three larger units with four or more bedrooms. Ideally located near downtown San Luis Obispo, with easy access to transportation, dining, and shopping and within walking distance to Cal Poly. Buyers should verify all possibilities with the City to fully capitalize on this property's potential!
This property presents an outstanding investment opportunity near Cal Poly, offering versatile R4 zoning for a range of development options. The existing 2-bedroom, 1-bath, 826 sq. ft. home, originally built in 1915, boasts charming hardwood floors and updated electrical as of last year. Development possibilities include retaining the current home and demolishing the garage to create space for one or two additional dwellings, or possibly redeveloping the entire lot. The zoning could allow for up to four 2-bedroom units or three larger units with four or more bedrooms. Ideally located near downtown San Luis Obispo, with easy access to transportation, dining, and shopping and within walking distance to Cal Poly. Buyers should verify all possibilities with the City to fully capitalize on this property's potential!
This property presents an outstanding investment opportunity near Cal Poly, offering versatile R4 zoning for a range of development options. The existing 2-bedroom, 1-bath, 826 sq. ft. home, originally built in 1915, boasts charming hardwood floors and updated electrical as of last year. Development possibilities include retaining the current home and demolishing the garage to create space for one or two additional dwellings, or possibly redeveloping the entire lot. The zoning could allow for up to four 2-bedroom units or three larger units with four or more bedrooms. Ideally located near downtown San Luis Obispo, with easy access to transportation, dining, and shopping and within walking distance to Cal Poly. Buyers should verify all possibilities with the City to fully capitalize on this property's potential!
Location
State CA
County San Luis Obispo
Area San Luis Obispo (93401)
Interior
Flooring Linoleum/Vinyl, Wood
Laundry Laundry Room
Exterior
Garage Spaces 1.0
View Mountains/Hills, Neighborhood
Total Parking Spaces 1
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Miscellaneous Gutters
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Listed by Hal Sweasey • Keller Williams Realty Central Coast