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1837 Loomis Street

San Luis Obispo, CA 93405
  • $1,295,000
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: SC23015778
Under Contract
UPDATED: 31 min ago
$1,295,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
San Luis Obispo(380)
Type:
Multi-Family
Built:
1935
County:
San Luis Obispo
Area:
SLO - San Luis Obispo

School Ratings & Info

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Listing Agent(s): Andrew Richardson of Richardson Sotheby's International Realty (805-781-6040) and Susie Brans of Richardson Sotheby's International Realty(805-781-6040)


Description

Investment opportunity with 2 homes blocks from Cal Poly and short distance to downtown San Luis Obispo. The main home is 1040 sqft with 3 bedrooms and 1 bathroom featuring hardwood floors, updates in the kitchen and newer appliances. The addition of the ADU covers 805 sqft with 3 bedrooms and 1 bath. This mission style bungalow has an inviting front courtyard to enjoy the wonderful San Luis Obispo weather! Total current income is $6800/month through end of June! This 6 bedroom property is the perfect Cal Poly investment opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T08:27:22.713. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/136659516
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1837 Loomis Street San Luis Obispo, CA 93405

  • Price: $1,295,000
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 31 min ago
  • MLS #: SC23015778
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1935
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Investment opportunity with 2 homes blocks from Cal Poly and short distance to downtown San Luis Obispo. The main home is 1040 sqft with 3 bedrooms and 1 bathroom featuring hardwood floors, updates in the kitchen and newer appliances. The addition of the ADU covers 805 sqft with 3 bedrooms and 1 bath. This mission style bungalow has an inviting front courtyard to enjoy the wonderful San Luis Obispo weather! Total current income is $6800/month through end of June! This 6 bedroom property is the perfect Cal Poly investment opportunity!
Exterior Features

Foundation Details Slab Lot Features Rectangular Lot Number Of Separate Electric Meters 1 Other Structures Guest House Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View HillsMountain(S)Neighborhood View YN Yes

Interior Features

Accessibility Features None Appliances Refrigerator Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 81600 Gross Scheduled Income 81600 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 81600 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 0 Possession Close Of Escrow Property Condition Additions/AlterationsRepairs Cosmetic Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable Tv Total Actual Rent 6800 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning R1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T08:27:22.713. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Andrew Richardson of Richardson Sotheby's International Realty (805-781-6040) and Susie Brans of Richardson Sotheby's International Realty(805-781-6040)