Welcome to 254 Grand Ave in San Luis Obispo! BOTH UNITS CURRENTLY LEASED FOR 2024-2025 SCHOOL YEAR!
The main house, freshly remodeled in 2024, boasts four bedrooms, a modern bathroom and attached garage. Additionally, a newly constructed ADU offers four bedrooms and two bathrooms, perfect for accommodating guests or tenants. Situated near the college campus and downtown area, this property presents a fantastic opportunity for student rentals.
With its prime location close to the college campus and downtown amenities, 254 Grand Ave is an ideal investment for student housing. The main house's recent renovation ensures a comfortable living space, while the ADU provides additional flexibility for tenants. Don't miss out on the chance to own a property with great potential for rental income in this sought-after area of San Luis Obispo.
Sold for $1,950,000
Listed by: Pismo Coast Realty • Clayton Gambril • Contact: 559-658-0183
Bought with: Christie's International Real Estate Sereno
$1,950,000
254 Grand Ave, San Luis Obispo, CA 93405
8beds
1,970sqft
Single Family Residence
Built in 1949
5,000 Square Feet Lot
$1,972,100 Zestimate®
$990/sqft
$7,272 Estimated rent
Home value
$1,972,100
$1.81M - $2.17M
$7,272/mo
Zestimate® history
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$7,272/mo
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$12,266/mo
Est. payment
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$12,266/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Clayton Gambril DRE #02084430 559-760-3544,
Pismo Coast Realty
Bought with:
Rob Rose, DRE #02035157
Christie's International Real Estate Sereno
Source: CRMLS,MLS#: PI24070595
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 8
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Quartz Counters, Tub Shower
Kitchen
- Features: Kitchen/Family Room Combo
Heating
- ENERGY STAR Qualified Equipment, Forced Air
Cooling
- Electric, ENERGY STAR Qualified Equipment
Appliances
- Included: Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
- Laundry: Laundry Closet, Stacked
Features
- Ceiling Fan(s), Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Down
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,970 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport, Concrete, Driveway
- Attached garage spaces: 1
- Has carport: Yes
- Uncovered spaces: 2
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: Excellent Condition,Wood
- Has view: Yes
- View description: Hills
Lot
- Size: 5,000 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 052116016
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Drywall, Ducts Professionally Air-Sealed, Stucco
- Roof: Composition
Condition
- Additions/Alterations,Building Permit,Updated/Remodeled
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Photovoltaics Seller Owned
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Appliances
- Energy generation: Solar
Community & HOA
Community
- Features: Sidewalks
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $990/sqft
- Tax assessed value: $1,989,000
- Date on market: 4/10/2024
- Cumulative days on market: 90 days
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2024 | Sold | $1,950,000-2.5%$990/sqft |
Source:  CRMLS #PI24070595 Report a problem | ||
| 7/9/2024 | Pending sale | $1,999,000$1,015/sqft |
Source: CRMLS #PI24070595 Report a problem | ||
| 6/24/2024 | Price change | $1,999,000-7%$1,015/sqft |
Source: CRMLS #PI24070595 Report a problem | ||
| 5/21/2024 | Price change | $2,150,000-2.3%$1,091/sqft |
Source: CRMLS #PI24070595 Report a problem | ||
| 4/10/2024 | Listed for sale | $2,200,000+122.2%$1,117/sqft |
Source: CRMLS #PI24070595 Report a problem | ||
| 4/19/2022 | Sold | $990,000+16.5%$503/sqft |
Source: Public Record Report a problem | ||
| 3/29/2022 | Pending sale | $850,000$431/sqft |
Source: CRMLS #SC22056213 Report a problem | ||
| 3/22/2022 | Listed for sale | $850,000+45.3%$431/sqft |
Source: CRMLS #SC22056213 Report a problem | ||
| 5/6/2016 | Sold | $585,000-4.9%$297/sqft |
Source: Public Record Report a problem | ||
| 4/12/2016 | Pending sale | $615,000$312/sqft |
Source: Mid State Property Management #SP1065489 Report a problem | ||
| 4/9/2016 | Listed for sale | $615,000+1.7%$312/sqft |
Source: Mid State Property Management #SP1065489 Report a problem | ||
| 8/4/2005 | Sold | $605,000+37.5%$307/sqft |
Source: Public Record Report a problem | ||
| 1/4/2005 | Sold | $440,000$223/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,989,000 +2% |
| 2025 | $21,493 +74.6% | $1,950,000 +75.1% |
| 2024 | $12,308 +10.1% | $1,113,696 +10.3% |
| 2023 | $11,177 +61.9% | $1,009,800 +54.7% |
| 2022 | $6,906 +1.6% | $652,575 +2% |
| 2021 | $6,796 +1% | $639,781 +1% |
| 2020 | $6,726 +1% | $633,221 +2% |
| 2019 | $6,657 +2% | $620,806 +2% |
| 2018 | $6,526 +2% | $608,634 +2% |
| 2017 | $6,398 +6% | $596,700 +6% |
| 2016 | $6,037 | $563,000 +5.4% |
| 2015 | $6,037 +17.4% | $534,000 +4.3% |
| 2014 | $5,140 | $512,000 +24.9% |
| 2012 | -- | $410,000 |
| 2011 | -- | $410,000 -12.6% |
| 2010 | -- | $469,000 |
| 2009 | -- | $469,000 -15.8% |
| 2008 | -- | $557,000 -9.7% |
| 2007 | -- | $617,100 +2% |
| 2006 | -- | $605,000 +1347.7% |
| 2005 | -- | $41,791 +2% |
| 2004 | -- | $40,972 +1.9% |
| 2003 | -- | $40,222 +2% |
| 2002 | -- | $39,434 +2% |
| 2001 | -- | $38,662 |
Find assessor info on the county website
Neighborhood: 93405
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Nearby schools
GreatSchools rating
- 9/10Bishop's Peak Elementary SchoolGrades: K-6Distance: 1.9 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 3.3 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- San Luis Obispo County
- San Luis Obispo
- 93405
- 254 Grand Ave
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