$ 2,599,000
1527 Royal WAY San Luis Obispo, CA 93405
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 2,599,000
Est. payment /mo
Price Dropped by $100K
1527 Royal WAY San Luis Obispo, CA 93405
10,500 Sqft Lot
UPDATED:
11/12/2024 07:02 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPI24219494
Originating Board California Regional MLS
Year Built 1971
Lot Size 10,500 Sqft
Property Description
This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 202
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Heating Central Forced Air
Cooling None
Laundry Other, Washer, Stacked Only, Dryer
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 053102008
Special Listing Condition Not Applicable
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Listed by James Kelsey • Century 21 Hometown Realty, Arroyo Grande Office