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San Luis Obispo,CA 93405
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC25228622
Year Built 2024
Lot Size 6,599 Sqft
Property Sub-Type Quadruplex
Property Description
Completed in 2024, this fully furnished four-unit complex just blocks from Cal Poly University offers a rare investment opportunity. The property includes three 2-bedroom units and one 4-bedroom unit, for a total of 10 bedrooms with 13 current tenants. Each residence showcases high-end finishes, durable hard-surface flooring, two ¾ bathrooms, and in-unit laundry. Residents also enjoy thoughtful amenities, including a common picnic area, a secure bike storage room, and six covered onsite parking spaces. Designed for efficiency and low maintenance, the property features four large water heaters, owned solar panels servicing the house meter (for common areas), and separate electric and water meters for each unit. The building is fully leased until June of 2026. Ideally located near Cal Poly and Sierra Vista Hospital, this property sits in a highly desirable rental market with strong rents and a proven history of consistent occupancy.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Heating Central,Heat Pump
Cooling Central Air
Inclusions Furniture
Laundry Inside
Exterior
Parking Features Assigned
Pool None
Community Features Sidewalks
Building
Lot Description Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard