Prime Investment Opportunity Near Cal Poly! 3 separate units with R2-Multi Family zoning, located within minutes from Cal Poly. This property includes a spacious single-family home currently set up as a 4-bedroom, 2-bathroom residence with detached carport and private patio/yard. At the rear of the property, you’ll find a duplex accessed via Hathway Alley, each unit features 2 bedrooms, 1 bathroom, their own carport parking, additional storage, and shared private yard. Unit 460 is a convenient ground-level unit, while 460 1/2 is a charming second-story unit with a sunroom offering. Currently fully leased through June 14, 2025, this property is generating immediate rental income with long-term stability. With its prime location and R2 zoning, the possibilities for this investment are endless! Act fast – opportunities like this don’t last long!
Sold for $1,750,000
Listed by: Century 21 Hometown Realty, San Luis Obispo Office • Tim Riley • Contact: 805-543-6361
Bought with: Venture Real Estate
$1,750,000
458 Kentucky St, San Luis Obispo, CA 93405
5beds
2,404sqft
Triplex
Built in 1957
-- sqft lot
$1,788,400 Zestimate®
$728/sqft
$7,812 Estimated rent
Home value
$1,788,400
$1.63M - $1.97M
$7,812/mo
Zestimate® history
Owner options
List your home for rent
$7,812/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$7,812/mo
Rent Zestimate®
Refinance and save
$10,890/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$10,890/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Second-story unitShared private yardDetached carportGround-level unitAdditional storageCarport parkingSpacious single-family home
Zillow last checked:
Listing updated:
Listed by:
Tim Riley DRE #01280227 805-748-1197,
Century 21 Hometown Realty, San Luis Obispo Office
Bought with:
Nicholas Aurignac, DRE #02155891
Venture Real Estate
Source: CRMLS,MLS#: SC25033907
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: Bedroom
Bedroom
- Features: Bedroom on Main Level
Cooling
- None
Appliances
- Laundry: Inside
Features
- Bedroom on Main Level
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,404 sqft
Property
Parking
- Parking features: Detached Carport, Public
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: 3
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,000 Square Feet
- Features: Level, Rectangular Lot
Details
- Parcel number: 052211014
- Zoning: R2
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $728/sqft
- Tax assessed value: $332,924
- Annual tax amount: $3,670
- Date on market: 2/14/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2025 | Sold | $1,750,000$728/sqft |
Source:  CRMLS #SC25033907 Report a problem | ||
| 2/21/2025 | Contingent | $1,750,000$728/sqft |
Source: CRMLS #SC25033907 Report a problem | ||
| 2/14/2025 | Listed for sale | $1,750,000$728/sqft |
Source: CRMLS #SC25033907 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,670 +1.7% | $332,924 +2% |
| 2024 | $3,607 +1.8% | $326,397 +2% |
| 2023 | $3,542 +6.7% | $319,998 +2% |
| 2022 | $3,320 +1.6% | $313,725 +2% |
| 2021 | $3,267 +1% | $307,574 +1% |
| 2020 | $3,234 +1% | $304,421 +2% |
| 2019 | $3,200 +2% | $298,452 +2% |
| 2018 | $3,137 +2% | $292,601 +2% |
| 2017 | $3,076 +2% | $286,865 +2% |
| 2016 | $3,016 | $281,241 +1.5% |
| 2015 | $3,016 +10.6% | $277,018 +2% |
| 2014 | $2,727 | $271,592 +2.5% |
| 2012 | -- | $265,064 +2% |
| 2011 | -- | $259,868 +0.8% |
| 2010 | -- | $257,927 -0.2% |
| 2009 | -- | $258,541 +2% |
| 2008 | -- | $253,473 +2% |
| 2007 | -- | $248,504 +2% |
| 2006 | -- | $243,633 +2% |
| 2005 | -- | $238,856 +2% |
| 2004 | -- | $234,173 +1.9% |
| 2003 | -- | $229,882 +2% |
| 2002 | -- | $225,376 +2% |
| 2001 | -- | $220,958 |
Find assessor info on the county website
Neighborhood: 93405
Nearby homes
- $---- bd1 ba-- sqft480 Kentucky St #B, San Luis Obispo, CA 93405Off Market
- $---- bd1 ba-- sqft480 Kentucky St #C, San Luis Obispo, CA 93405Off Market
- $1,352,8006 bd4 ba2k sqft480 Kentucky St, San Luis Obispo, CA 93405Off Market
- $--2 bd1 ba500 sqft4605 Kentucky St #460.5, San Luis Obispo, CA 93405Off Market
- $1,962,0005 bd4 ba3k sqft496 Kentucky St, San Luis Obispo, CA 93405Off Market
- $--4 bd3 ba3k sqft434 Kentucky St, San Luis Obispo, CA 93405Off Market
- $851,7886 bd2 ba1.6k sqft1311 Fredericks St, San Luis Obispo, CA 93405Off Market
- $788,2002 bd2 ba766 sqft1355 Fredericks St, San Luis Obispo, CA 93405Off Market
Nearby schools
GreatSchools rating
- 9/10Bishop's Peak Elementary SchoolGrades: K-6Distance: 1.5 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 2.9 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 0.8 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,788,400
2% more
+$35,768
With Zillow Showcase(estimated)
$1,824,168
- California
- San Luis Obispo County
- San Luis Obispo
- 93405
- 458 Kentucky St
Nearby cities
Nearby zip codes
Other San Luis Obispo Topics
