40
See all 40 photos
$999,000
Est. payment /mo
2 Beds
2 Baths
5,054 Sqft Lot
Open Sat 11AM-2PM
1023 Walnut St San Luis Obispo, CA 93401
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Open House
Sat Jun 13, 11:00am - 2:00pm
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC26124777
Bedrooms 2
Lot Size 5,054 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor plan, modern finishes, and a fresh, contemporary feel. The remodeled kitchen opens seamlessly to the living space and features white cabinetry, updated countertops, and a large peninsula perfect for casual dining or entertaining. A beautifully renovated bathroom includes a spacious walk-in tiled shower, while the private deck provides a peaceful spot to enjoy your morning coffee, unwind in the evening, or take in the surrounding hillside views. The second unit offers its own distinct character and comfortable living space, creating excellent potential for rental income, guest accommodations, or multi-generational living. This unit features original hardwood floors, wood paneling, and several windows for lots of natural light. Separate outdoor areas give each residence a sense of privacy and independence. This property is set on a generously sized lot with off-street parking, mature landscaping, and multiple outdoor gathering spaces. The gross projected rental income is $52,800 annually based upon rent of $2200 per unit. Each unit has access to a garage and their own washer and dryer. This structure could be converted into an ADU for even more rental income potential. Check with the c
Location
State CA
County San Luis Obispo
Zoning Estimated
Direction From US-101, take the Marsh Street/Downtown exit. Follow Marsh Street toward downtown, turn right on Osos Street, left on Pacifi
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 002313005
Listed by Owen Schwaegerle, DRE#02040597 The Schwaegerle Team
NEARBY SCHOOL & BUSINESS
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