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1142 Montalban Street

San Luis Obispo, CA 93405
  • $1,500,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: PI24167425
UPDATED: 63 min ago
$1,500,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Scott Taylor of Keller Williams Realty Central Coast (805-773-7777)


Description

Commercial / Residential mixed use development opportunity in San Luis Obispo! This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units to be built (2 commercial, 2 residential + ADU) within 1 mile walking/biking/transportation of Cal Poly campus San Luis Obispo. Current building on property is 1208 sq ft 2bed/1 bth home built 1910 and is rented until 1/31/2025 allowing for ongoing income as the plans/permits are finalized. Purchase of the property includes existing plans, permits, studies and approvals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T19:35:35.323. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/153643833
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1142 Montalban Street San Luis Obispo, CA 93405

  • Price: $1,500,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 63 min ago
  • ID#: PI24167425
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1910
Built
Neighborhood:
SLO - San Luis Obispo
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Commercial / Residential mixed use development opportunity in San Luis Obispo! This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units to be built (2 commercial, 2 residential + ADU) within 1 mile walking/biking/transportation of Cal Poly campus San Luis Obispo. Current building on property is 1208 sq ft 2bed/1 bth home built 1910 and is rented until 1/31/2025 allowing for ongoing income as the plans/permits are finalized. Purchase of the property includes existing plans, permits, studies and approvals.
Exterior Features

Construction Materials PlasterStucco Entry Level 2 Fencing Wood Lot Features Back YardFront Yard Open Parking Spaces 2 Parking Total 2 Roof CompositionShingle Sign On Property YN Yes

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Electric Standard Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public Zoning Mixed Complex



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T19:35:35.323. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Scott Taylor of Keller Williams Realty Central Coast (805-773-7777)