1417 Carmel Street

San Luis Obispo, CA 93401 Active for $1,000,000

Overview
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Beds: 2 Baths: 2 Structure Size: 1,144 sqft Lot Size: 3,200 sqft

Property Facts

MLS	SC24126796
Year Built	1950
Property Type	Duplex
County	San Luis Obispo
Status	Active
Active	$1,000,000
Structure Size	1,144 sqft
Lot Size	3,200 sqft
Beds	2
Baths	2

Description

Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, with brand new carpeting and water heater, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.

Listing information courtesy of: Layne Smith, Link Real Estate Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.