Skip main navigation
For sale
  • Listed by: Platinum Properties • Frank Henderson • Contact: 805-471-1064
    Price cut: $69K (7/22)
    $599,000

    769 Mutsuhito Ave, San Luis Obispo, CA 93401

    2beds
    1,396sqft
    : 
    $4,410/mo
    Get pre-qualified
    Condominium
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $429/sqft
    $475/mo HOA

    What's special

    HUGE PRICE REDUCTION!!! "Incredible value! Priced to sell at $76,000 below the county's recent tax reassessment value. Because California property taxes reset to the final purchase price upon sale, the buyer will benefit from an immediate, permanently lowered tax base from day one. Don't miss this rare opportunity!" Villa Rosa may be one of the most beautiful developments in SLO. Located just south of the Little Italy Historic district. As you approach this 85 unit European like Village is a beautiful vintage Italianesque Architecture gently terraced into a lushly landscaped site with gently raised patios along the outdoor corridor. These private patios leave plenty of room for outdoor furniture and barbeques whether your having your morning coffee or evening beverage with friends. The exterior is uniquely private and pleasant. As you enter the home you are met with an open floor plan that adds a largeness to the space. The Living area features Large windows that stream light into the space and offer great views of Adjacent Architectural features and landscape while not sacrificing privacy. A wood burning fireplace is a feature that appears like new. This open area of the Living and Dining has rich warm wood floors. The kitchen is nicely laid out with plenty of cabinets and although original appears to be in great shape. There is a downstairs Powder Rm just off the hallway prior to ascending the stairs to the Bedrooms level. On the second floor there is a ample common/hall area that has a washer and dryer behind accordion closet doors. The Primary Bedroom suite consists of a large Primary with beautiful views of the adjacent Architecture combined with Eastern light make this a great place to read a book and relax. This primary also has an on suite bath w/ double sinks and tons of closet. The second bedroom also quite large could be used as a bedroom or auxiliary office with it Western Patio that overlooks the Courtyard that serves as entry to garages. This unit does have a 1 car finished garage off of this courtyard. Please enjoy the pictures as this is a wonderful, quite, peacefull place to live and enjoy.
    51 days
    |
    1,576
    |
    70
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Henderson DRE #01852227 805-471-1064,

    Platinum Properties

    Source: CRMLS,MLS#: NS26122348MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
      • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Upper Level
      Features
      • Balcony, Ceiling Fan(s), Open Floorplan, Pantry, All Bedrooms Up, Primary Suite
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning, Zero Clearance
      • Common walls with other units/homes: 1 Common Wall,End Unit
      Interior area
      • Total interior livable area: 1,396 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Front
      • Pool features: None
      • Has view: Yes
      • View description: Courtyard
      Lot
      • Size: 1,396 Square Feet
      Details
      • Parcel number: 053197028
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1993

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Gutter(s), Sidewalks, Urban
      • Subdivision: San Luis Obispo(380)
      HOA
      • Has HOA: Yes
      • Amenities included: Call for Rules, Management, Picnic Area
      • HOA fee: $475 monthly
      • HOA name: Santa Rosa
      • HOA phone: 805-541-6664
      Location
      • Region: San Luis Obispo

      Financial & listing details

      • Price per square foot: $429/sqft
      • Tax assessed value: $432,407
      • Annual tax amount: $4,766
      • Date on market: 6/12/2026
      • Cumulative days on market: 51 days
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
      • Inclusions: Window coverings, Washer and Dryer, Refrigerator, Patio Furniture and Barbeque

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Price change$599,000-10.3%$429/sqft
        Source: CRMLS #NS26122348 Report a problem
        7/6/2026Price change$668,000-4.6%$479/sqft
        Source: CRMLS #NS26122348 Report a problem
        6/12/2026Listed for sale$700,000+109%$501/sqft
        Source: CRMLS #NS26122348 Report a problem
        6/18/2010Sold$335,000-0.3%$240/sqft
        Source: Public Record Report a problem
        5/6/2010Listed for sale$335,900+11%$241/sqft
        Source: CENTURY 21 Hometown Realty #165059 Report a problem
        4/19/2002Sold$302,500$217/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,766 +1.7%$432,407 +2%
        2024$4,685 +1.8%$423,930 +2%
        2023$4,600 +6.7%$415,618 +2%
        2022$4,312 +1.6%$407,470 +2%
        2021$4,243 +1%$399,482 +1%
        2020$4,200 +1%$395,387 +2%
        2019$4,156 +2%$387,635 +2%
        2018$4,075 +2%$380,036 +2%
        2017$3,995 +2%$372,586 +2%
        2016$3,917 $365,281 +1.5%
        2015$3,917 +10.6%$359,795 +2%
        2014$3,542 $352,749 +5.3%
        2012-- $335,000
        2011-- $335,000 -3.1%
        2010-- $345,623 -0.2%
        2009-- $346,445 +2%
        2008-- $339,652 +2%
        2007-- $332,994 +2%
        2006-- $326,465 +2%
        2005-- $320,065 +2%
        2004-- $313,790 +1.9%
        2003-- $308,040 +80.4%
        2002-- $170,739 +2%
        2001-- $167,392
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93401

        Getting around

        68 / 100
        Somewhat Walkable
        26 / 100
        Some Transit
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help