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Sold for $1,040,000
  • Listed by: Horizon Realty & Property Mgt • Lorraine Sterkel • Contact: 805-772-5657
    Bought with: Century 21 Masters
    $1,040,000

    551 Hathway Ave, San Luis Obispo, CA 93405

    4beds
    252baths
    1,501sqft
    Multi Family
    Built in 1942
    -- sqft lot
    $1,053,700 Zestimate®
    $693/sqft
    $3,636 Estimated rent

    Home value

    $1,053,700

    $959,000 - $1.15M

    $3,636/mo

    Zestimate® history
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    What's special

    Charming Home with a separate 1 bedroom apartment is Near Cal Poly! Discover your dream home on a spacious corner lot! This beautiful one-level residence features three bedrooms, a full bath and two three-quarter baths, fireplace in living room, separate dining area off of kitchen and a spacious fenced front yard with fruit trees. Additionally there is a separate one-bedroom, one-bath apartment with private access and fenced yard, perfect for guests or rental income. The attached two-car garage provides ample storage and parking. Enjoy a prime location just minutes from Cal Poly, with easy access to local shops and parks. Whether you’re looking for a family home or an investment opportunity, this property has it all! Don’t miss out on this fantastic opportunity contact us today for a viewing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorraine Sterkel DRE #00648760 805-440-6853,

    Horizon Realty & Property Mgt

    Bought with:

    Tim Riley, DRE #01280227

    Century 21 Masters

    Source: CRMLS,MLS#: SC25141521MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 252
    Rooms
    • Room types: Bedroom, Entry/Foyer
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Included: Gas Range
    • Laundry: In Garage
    Features
    • All Bedrooms Down
    • Windows: Blinds, Screens
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,501
    • Total interior livable area: 1,501 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, On Street
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition,Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,250 Square Feet
    • Features: 0-1 Unit/Acre, Corner Lot, Yard
    Details
    • Parcel number: 001041015
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Foundation: Raised, Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: San Luis Obispo(380)
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $693/sqft
    • Tax assessed value: $458,828
    • Annual tax amount: $5,057
    • Date on market: 6/24/2025
    • Cumulative days on market: 91 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Cable TV
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/15/2026Listing removed$4,500$3/sqft
    Source: Zillow Rentals Report a problem
    4/1/2026Listed for rent$4,500$3/sqft
    Source: Zillow Rentals Report a problem
    1/13/2026Listing removed$4,500$3/sqft
    Source: Zillow Rentals Report a problem
    1/3/2026Price change$4,500+50.3%$3/sqft
    Source: Zillow Rentals Report a problem
    12/19/2025Listed for rent$2,995$2/sqft
    Source: Zillow Rentals Report a problem
    10/28/2025Sold$1,040,000-12.9%$693/sqft
    Source: CRMLS #SC25141521 Report a problem
    9/30/2025Contingent$1,194,000$795/sqft
    Source: CRMLS #SC25039331 Report a problem
    7/30/2025Price change$1,194,000-4.4%$795/sqft
    Source: CRMLS #SC25141521 Report a problem
    7/8/2025Price change$1,249,000-5.7%$832/sqft
    Source: CRMLS #SC25039331 Report a problem
    6/3/2025Price change$1,324,000-1.5%$882/sqft
    Source: CRMLS #SC25039331 Report a problem
    4/28/2025Price change$1,344,000-0.4%$895/sqft
    Source: CRMLS #SC25039331 Report a problem
    2/26/2025Listed for sale$1,349,000$899/sqft
    Source: CRMLS #SC25039331 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,057 +1.7%$458,828 +2%
    2024$4,971 +1.8%$449,833 +2%
    2023$4,881 +6.7%$441,013 +2%
    2022$4,576 +1.6%$432,367 +2%
    2021$4,503 +1%$423,891 +1%
    2020$4,457 +1%$419,546 +2%
    2019$4,410 +2%$411,320 +2%
    2018$4,324 +2%$403,256 +2%
    2017$4,239 +2%$395,350 +2%
    2016$4,156 $387,599 +1.5%
    2015$4,156 +10.6%$381,778 +2%
    2014$3,758 $374,300 +2.5%
    2012-- $365,304 +2%
    2011-- $358,142 +0.8%
    2010-- $355,466 -0.2%
    2009-- $356,311 +2%
    2008-- $349,325 +2%
    2007-- $342,476 +2%
    2006-- $335,762 +2%
    2005-- $329,179 +2%
    2004-- $322,726 +1.9%
    2003-- $316,812 +2%
    2002-- $310,601 +2%
    2001-- $304,512
    Find assessor info on the county website

    Neighborhood: 93405

    Nearby schools

    GreatSchools rating
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