1527 Royal Way
San Luis Obispo, CA 93405
$100,000.00 (-3.71%)
Active for $2,599,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 10,500 sqft
| MLS | PI24219494 |
| Year Built | 1971 |
| Property Type | Quadruplex |
| County | San Luis Obispo |
| Status | Active |
| Active | $2,599,000 |
| Structure Size | N/A sqft |
| Lot Size | 10,500 sqft |
| Beds | N/A |
| Baths | N/A |
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 2025 with options to renew leases. Large lot 11,000 sq ft, view of the mountains from several bedrooms.
Listing information courtesy of: James Kelsey, Century 21 Hometown Realty, Arroyo Grande Office . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.
Location
Contact a Local Realtor®
Iris Melkumyan
REALTOR®
Direct: 626.644.4049
Email: Email Me
DRE: 01956675
DRE #01873088
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