462 Islay Street, San Luis Obispo, CA 93401
462 Islay Street, San Luis Obispo, CA 93401
462 Islay Street, San Luis Obispo, CA 93401
462 Islay Street, San Luis Obispo, CA 93401
462 Islay Street, San Luis Obispo, CA 93401
462 Islay Street, San Luis Obispo, CA 93401
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Travis Breton

Travis Breton

+1(760) 470-2752
$ 1,425,000
Est. payment | /mo

4 Beds

4 Baths

1,826 SqFt

Save Virtual Tour
$ 1,425,000
Est. payment | /mo
Save Virtual Tour

4 Beds

4 Baths

1,826 SqFt

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,826 sqft

Price per Sqft $780

Subdivision San Luis Obispo(380)

MLS Listing ID SC26090036

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1900

Lot Size 7,500 Sqft

Property Sub-Type All Other Attached

Property Description

Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units on a spacious 7,500 square foot parcel. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is a character rich 2-bedroom + office (or 3-bedroom), 1.25-bath single family home built circa 1900, offering 928 square feet of living space. The home offers a fenced front yard, charming porch, hardwood floors, and large bedrooms with 10 ceilings. Additional highlights include a walk-in pantry, indoor laundry and storage shed. The home is currently leased for $3,010/month. Situated at the rear of the property is two-story duplex built in 1990, totaling approximately 898 square feet. Each unit is a thoughtfully designed studio with a loft, providing efficient and flexible living space. Both studios have vaulted ceilings, under stair storage, a nicely sized kitchen, private patio/yard space and shared laundry. These studios are currently leased for $1,800/month and $1,850/month. There are (4) on site parking stall, (5) electric meters, (3) gas meters and (2) water meters, with potential for subdivision to separate the single family home and duplex onto their own parcels (verify with City planning). With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.

Location

State CA

County San Luis Obispo

Direction Broad to Islay

Interior

Heating Wall/Gravity

Flooring Carpet, Wood

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Gas Oven

Exterior

Parking Features Assigned

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Composition

Porch Deck, Patio

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 003614023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://IslayTriplex.com/idx

MLS Router / San Diego MLS
Listed by Graham Updegrove, DRE#01873454 California Coastal Real Estate 

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Rise Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

462 Islay Street

California Real Estate

 

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

 

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

 

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

 

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

 

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.