Sold for $1,360,000

Listed by: Coastal Real Estate • Phyllis Cameron • Contact: 805-528-7171

Bought with: NextHome Central Coast

$1,360,000

1027-1033 George St, San Luis Obispo, CA 93401

4beds

4baths

2,240sqft

Quadruplex

Built in 1959

-- sqft lot

$1,426,500 Zestimate^®

$607/sqft

$3,370 Estimated rent

Home value

$1,426,500

$1.31M - $1.55M

$3,370/mo

Zestimate^® history

Owner options

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$3,370/mo

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$3,370/mo

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$8,539/mo

Est. payment

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$8,539/mo

Est. payment

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What's special

Great investment opportunity centrally located in the Railroad District, close to downtown SLO. Pride of ownership shows in this Four-Plex. Three of the four units have been upgraded with new vinyl plank flooring and paint. All new windows. New decking. New plumbing. This is a very well maintained complex with a consistent rental history. Efficient floorplans in these cozy 600 s/f units, include 1 BR and 1 full bath, lots of closet and storage space, indoor laundry in each unit, storage units for each in the individual carports. Private backyard space for gardening or relaxing, one very large deck for the use of two of the units. Easy living! Lovely views of the city. Each unit is individually metered and tenants pay all utilities. Landlord pays for the landscaping.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Wall Furnace

Appliances

Included: Free-Standing Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan
Laundry: In Kitchen

Features

Ceiling Fan(s)
Flooring: Carpet, Vinyl
Windows: Double Pane Windows
Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below

Interior area

Total structure area: 2,240
Total interior livable area: 2,240 sqft

Property

Parking

Total spaces: 4
Parking features: Attached Carport, Driveway Up Slope From Street, On Street
Carport spaces: 4

Features

Levels: One
Stories: 1
Entry location: 2nd Level
Pool features: None
Has view: Yes
View description: City Lights

Lot

Size: 7,500 Square Feet
Features: 2-5 Units/Acre, Sloped Up, Yard

Details

Additional structures: Storage
Parcel number: 003654012
Zoning: R2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Stucco, Wood Siding

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks, Urban

Location

Region: San Luis Obispo

Financial & listing details

Price per square foot: $607/sqft
Date on market: 5/31/2024
Cumulative days on market: 5 days
Listing terms: Cash,Cash to New Loan
Total actual rent: 78600
Tenant pays: All Utilities

Price history

Date	Event	Price
6/28/2024	Sold	$1,360,000+6.7%$607/sqft
Source: CRMLS #SC24099957 Report a problem
6/5/2024	Pending sale	$1,275,000$569/sqft
Source: CRMLS #SC24099957 Report a problem
5/31/2024	Listed for sale	$1,275,000$569/sqft
Source: CRMLS #SC24099957 Report a problem