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$ 1,188,000
Est. payment /mo
Active
165 Cerro Romauldo Avenue San Luis Obispo, CA 93405
4 Beds
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC25253370
Bedrooms 4
Lot Size 5,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Dont miss this outstanding investment opportunity!
Location
State CA
County San Luis Obispo
Zoning Other
Direction West on E.Foothill Blvd. Right on Patricia. Left on Cerro Romauldo
Interior
Heating Passive Solar
Cooling Central Forced Air, Heat Pump(s), Zoned Area(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 052011049
Virtual Tour https://re.centralcoast.media/165-167-Cerro-Romauldo-Ave
Listed by Kristin Lachemann Comet Realty