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Mike Althof

mike.althof@gmail.com +1(619) 417-5766

$ 1,188,000

Est. payment -/mo

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165 Cerro Romauldo Avenue San Luis Obispo, CA 93405

4 Beds

2 Baths

1,420 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $836

Subdivision San Luis Obispo(380)

MLS Listing ID SC25254062

Bedrooms 4

Full Baths 2

Year Built 1935

Lot Size 5,000 Sqft

Property Sub-Type Detached

Property Description

Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer, and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Dont miss this outstanding investment opportunity!

Location

State CA

County San Luis Obispo

Zoning R1

Direction West on E.Foothill Blvd. Right on Patricia. Left on Cerro Romauldo

Interior

Interior Features Recessed Lighting, Unfurnished

Heating Energy Star, Heat Pump, Passive Solar

Cooling Central Forced Air, Electric, Energy Star, Heat Pump(s), SEER Rated 16+, Zoned Area(s)

Flooring Linoleum/Vinyl

Fireplace No

Appliance Refrigerator, Solar Panels, Electric Oven, Electric Range, Recirculated Exhaust Fan, Water Line to Refr

Laundry Electric, Gas & Electric Dryer HU, Washer Hookup

Exterior

Fence Excellent Condition, New Condition, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Underground Utilities, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Roof Type Composition

Accessibility 32 Inch+ Wide Doors, Doors - Swing In, No Interior Steps

Porch Porch

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 052011049

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

Listed by Kristin Lachemann Comet Realty

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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Mike Althof

165 Cerro Romauldo Avenue San Luis Obispo, CA 93405

Key Details

Location

Interior

Exterior

Building

Others

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165 Cerro Romauldo Avenue