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Listing 1 out of 105
$3,900,000 For Sale

1137 Peach Street
San Luis Obispo, CA 93401

5 units | Multi Family Home
0.86 acre lot - MLS# SP17152305
Property Photo
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Description

Great Development potential. Currently 5 homes on one R-2 Parcel in the San Luis Obispo Mill Street Historical District in Downtown. Four 3 bedroom homes and One 2 bedroom with room to add more units. One of the few great downtown development projects. All units are currently lease to provide income during the approval process.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Listing Price: $3,900,000
  • County/Area: San Luis Obispo County
  • Zip Code: 93401
  • Year Built: 1906
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Stories: One
  • Units: 5 units
  • Acres: 0.86 acre lot
  • Zoning: R2
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5685
  • Building Area Units: Square Feet
  • Community Features: Curbs, Foothills, Sidewalks, Street Lighting
  • Country: US
  • Directions: Corner of Peach and Toro
  • Gross Income: 116400
  • Gross Scheduled Income: 116400
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street
  • Lot Size Area: 37500.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: MR
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Total Expenses: 6000.00
  • Utilities: Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Courtesy of Farrell Smyth Real Estate, Larry Smyth
agent photo
Joyce DeLine - Cornerstone Real Estate
2665 Shell Beach Road
PISMO BEACH, CA 93449
Phone: 805-441-2607
Email: jdeline@charter.net

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