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Sold for $1,140,000
    • Listed by: Comet Realty • Kristin Lachemann • Contact: 805-801-4653
    Bought with: Platinum Properties
    $1,140,000

    165 Cerro Romauldo Ave, San Luis Obispo, CA 93405

    4beds
    1,420sqft
    Single Family Residence
    Built in 1935
    5,000 Square Feet Lot
    $1,146,100 Zestimate®
    $803/sqft
    $5,220 Estimated rent

    Home value

    $1,146,100

    $1.05M - $1.25M

    $5,220/mo

    Zestimate® history
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    What's special

    Private fenced yardNew roofNewer appliancesUpdated kitchenLow-maintenance drought-tolerant landscapingAir conditioning
    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. Don’t miss this outstanding investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Lachemann DRE #01836955 805-801-4653,

    Comet Realty

    Bought with:

    Jennifer Dawson, DRE #01967230

    Platinum Properties

    Source: CRMLS,MLS#: SC25254062MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Rooms
    • Room types: Bedroom, Kitchen
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathroom Exhaust Fan, Full Bath on Main Level, Low Flow Plumbing Fixtures, Remodeled
    Kitchen
    • Features: Remodeled, Updated Kitchen
    Kitchen
    • Features: Galley Kitchen
    Heating
    • Electric, ENERGY STAR Qualified Equipment, Heat Pump, Solar
    Cooling
    • Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Zoned
    Appliances
    • Included: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Refrigerator, Tankless Water Heater, Water To Refrigerator, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks, Stacked
    Features
    • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished, All Bedrooms Down, Galley Kitchen
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,420 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: No Stairs, Accessible Doors
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Front Porch, Porch
    • Pool features: None
    • Fencing: Excellent Condition,New Condition,Wood
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 5,000 Square Feet
    • Features: 0-1 Unit/Acre, Front Yard, Near Park, Rectangular Lot, Street Level
    Details
    • Additional structures: Two On A Lot
    • Parcel number: 052011049
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Cement Siding, Drywall, Ducts Professionally Air-Sealed, Glass, HardiPlank Type, Lap Siding, Concrete, Radiant Barrier
    • Foundation: Raised, Slab
    • Roof: Composition
    Condition
    • Additions/Alterations,Updated/Remodeled
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Electric: Electricity - On Property, 220 Volts in Kitchen, 220 Volts in Laundry, Photovoltaics on Grid, Photovoltaics Seller Owned, 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Underground Utilities, Water Connected, Overhead Utilities
    Green energy
    • Energy efficient items: Construction, HVAC, Lighting, Thermostat, Windows, Appliances, Water Heater
    • Energy generation: Solar
    • Water conservation: Low-Flow Fixtures

    Community & HOA

    Community
    • Features: Biking, Curbs, Gutter(s), Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: San Luis Obispo(380)
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $803/sqft
    • Tax assessed value: $958,654
    • Date on market: 11/9/2025
    • Cumulative days on market: 43 days
    • Listing terms: Cash to New Loan
    • Inclusions: Washer/dryer, Refrigerator

    Price history

    DateEventPrice
    1/21/2026Sold$1,140,000-4%$803/sqft
    Source: CRMLS #SC25254062 Report a problem
    12/28/2025Pending sale$1,188,000$837/sqft
    Source: CRMLS #SC25254062 Report a problem
    11/9/2025Listed for sale$1,188,000+75%$837/sqft
    Source: CRMLS #SC25254062 Report a problem
    3/29/2025Listing removed$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    1/29/2025Listed for rent$2,400+20%$2/sqft
    Source: Zillow Rentals Report a problem
    8/29/2024Listing removed$2,000$1/sqft
    Source: Zillow Rentals Report a problem
    8/22/2024Listed for rent$2,000$1/sqft
    Source: Zillow Rentals Report a problem
    6/10/2022Sold$679,000-2.9%$478/sqft
    Source: Public Record Report a problem
    6/8/2022Pending sale$699,000$492/sqft
    Source: CRMLS #SC22064401 Report a problem
    5/27/2022Contingent$699,000$492/sqft
    Source: CRMLS #SC22064401 Report a problem
    5/6/2022Price change$699,000-1.4%$492/sqft
    Source: CRMLS #SC22064401 Report a problem
    3/31/2022Listed for sale$709,000$499/sqft
    Source: CRMLS #SC22064401 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $958,654 +2%
    2025$10,359 +1.7%$939,858 +2%
    2024$10,183 +32.8%$921,431 +33%
    2023$7,666 +14.1%$692,580 +9.1%
    2022$6,720 +2472.9%$635,000 +2482.5%
    2021$261 +1%$24,589 +1%
    2020$259 +1%$24,337 +2%
    2019$256 +2%$23,861 +2%
    2018$251 +2%$23,394 +2%
    2017$246 +2%$22,936 +2%
    2016$241 $22,487 +1.5%
    2015$241 +10.6%$22,150 +2%
    2014$218 $21,717 +2.5%
    2012-- $21,196 +2%
    2011-- $20,781 +0.7%
    2010-- $20,627 -0.2%
    2009-- $20,677 +2%
    2008-- $20,272 +2%
    2007-- $19,875 +2%
    2006-- $19,486 +2%
    2005-- $19,105 +2%
    2004-- $18,732 +1.9%
    2003-- $18,390 +2%
    2002-- $18,030 +2%
    2001-- $17,678
    Find assessor info on the county website

    Neighborhood: 93405

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