1417 Carmel St.
San Luis Obispo, CA, 93401
$1,000,000
Beds
0 Baths
SqFt
0.07 Acres
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Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Both units have off street parking spaces, while the street offers unmetered parking options. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.

Property Details

Price:
$1,000,000
MLS #:
SC24125940
Status:
Active
Baths:
0
Address:
1417 Carmel St.
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
slosanluisobispo
City:
San Luis Obispo
Listed Date:
Jun 18, 2024
State:
CA
ZIP:
93401
Lot Size:
3,200 sqft / 0.07 acres (approx)
Year Built:
1950
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Interior

Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Window Features
Double Pane Windows

Exterior

Community Features
Biking, Sidewalks
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre
Parking Features
Off Street
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

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