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Terri Fox

sold@terrifox.com +1(760) 585-8860

$ 999,000

Est. payment -/mo

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Open Sat 11AM-2PM

1023 Walnut Street San Luis Obispo, CA 93401

2 Beds

2 Baths

1,400 SqFt

Open House

Sat Jun 13, 11:00am - 2:00pm

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $713

Subdivision San Luis Obispo(380)

MLS Listing ID SC26128081

Bedrooms 2

Full Baths 2

Year Built 1948

Lot Size 5,045 Sqft

Property Sub-Type Townhome

Property Description

Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor plan, modern finishes, and a fresh, contemporary feel. The remodeled kitchen opens seamlessly to the living space and features white cabinetry, updated countertops, and a large peninsula perfect for casual dining or entertaining. A beautifully renovated bathroom includes a spacious walk-in tiled shower, while the private deck provides a peaceful spot to enjoy your morning coffee, unwind in the evening, or take in the surrounding hillside views. The second unit offers its own distinct character and comfortable living space, creating excellent potential for rental income, guest accommodations, or multi-generational living. This unit features original hardwood floors, wood paneling, and several windows for lots of natural light. Separate outdoor areas give each residence a sense of privacy and independence. This property is set on a generously sized lot with off-street parking, mature landscaping, and multiple outdoor gathering spaces. The gross projected rental income is $52,800 annually based upon rent of $2200 per unit. Each unit has access to a garage and their own washer and dryer. This structure could be converted into an ADU for even more rental income potential. Check with the c

Location

State CA

County San Luis Obispo

Direction From US-101, take the Marsh Street/Downtown exit. Follow Marsh Street toward downtown, turn right on Osos Street, left on Pacific Street, and right on Walnut Street.

Interior

Heating Wall/Gravity

Flooring Linoleum/Vinyl, Wood

Fireplace No

Appliance Microwave, Refrigerator, Gas Range

Exterior

Parking Features Garage

Garage Spaces 2.0

Fence Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Roof Type Asbestos Shingle

Accessibility Parking

Porch Deck

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 002313005

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

Listed by Owen Schwaegerle, DRE#02040597 The Schwaegerle Team

NEARBY SCHOOL & BUSINESS

Terri Fox

Agent | License ID: 01110385

+1(760) 585-8860

Terri Fox

1023 Walnut Street San Luis Obispo, CA 93401

Open House

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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1023 Walnut Street