$1,449,000 $7,779 est/mo

1130 Olive St,San Luis Obispo, CA 93405

Name: 1130 Olive St, San Luis Obispo, CA 93405
SKU: SP20210325
Price: 1449000 USD
Availability: InStock

San Luis Obispo CA, 93405

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Description

Profitable and secure investment opportunity at a 5% CAP RATE for sale near Cal Poly consisting of two permitted and fully rented single family homes with 2700+sf of living space. Very strong rental history with a waitlist for residency, as this is the home of the local Cal Poly surf team. The front home consists of 3-bedrooms/2 bathrooms with a recent exterior paintjob, currently rented for $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, and is currently being rented for just over $4,600. Both homes share the middle courtyard and backyard. Both homes are separately metered, with tenants paying all utilities. Quick access to HWY 101, Cal Poly and downtown San Luis Obispo.

Details

MLS#	SP20210325
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Year	2003
Days On Site	103

Features

SQ Feet	2,701
Units	2
Building(s)	1

Market Activity 93405

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Nov 2020	Sales: 3	Avg $ Per SqFt: $312.2	Min Sale Price: $171,000	Max Sale Price: $885,000	Med Sale Price: $425,000
Date: Oct 2020	Sales: 4	Avg $ Per SqFt: $516.39	Min Sale Price: $407,000	Max Sale Price: $1,416,000	Med Sale Price: $688,250
Date: Sep 2020	Sales: 7	Avg $ Per SqFt: $492.03	Min Sale Price: $2	Max Sale Price: $1,915,000	Med Sale Price: $740,000
Date: Aug 2020	Sales: 13	Avg $ Per SqFt: $572.74	Min Sale Price: $420,000	Max Sale Price: $1,145,000	Med Sale Price: $850,000
Date: Jul 2020	Sales: 21	Avg $ Per SqFt: $503.99	Min Sale Price: $170,000	Max Sale Price: $1,195,000	Med Sale Price: $715,000
Date: Jun 2020	Sales: 16	Avg $ Per SqFt: $423.59	Min Sale Price: $178,000	Max Sale Price: $2,455,000	Med Sale Price: $796,250
Date: May 2020	Sales: 18	Avg $ Per SqFt: $367.81	Min Sale Price: $130,000	Max Sale Price: $1,550,000	Med Sale Price: $675,000
Date: Apr 2020	Sales: 6	Avg $ Per SqFt: $612.54	Min Sale Price: $560,000	Max Sale Price: $1,685,000	Med Sale Price: $701,000
Date: Mar 2020	Sales: 19	Avg $ Per SqFt: $584.06	Min Sale Price: $540,000	Max Sale Price: $1,640,000	Med Sale Price: $750,000
Date: Feb 2020	Sales: 42	Avg $ Per SqFt: $475.88	Min Sale Price: $1,995	Max Sale Price: $1,600,000	Med Sale Price: $754,500
Date: Jan 2020	Sales: 10	Avg $ Per SqFt: $451.21	Min Sale Price: $338,000	Max Sale Price: $1,625,000	Med Sale Price: $637,000

Nov 2020
Sales:	3
Avg $ Per SqFt:	$312.2
Min Sale Price:	$171,000
Max Sale Price:	$885,000
Med Sale Price:	$425,000
Oct 2020
Sales:	4
Avg $ Per SqFt:	$516.39
Min Sale Price:	$407,000
Max Sale Price:	$1,416,000
Med Sale Price:	$688,250
Sep 2020
Sales:	7
Avg $ Per SqFt:	$492.03
Min Sale Price:	$2
Max Sale Price:	$1,915,000
Med Sale Price:	$740,000
Aug 2020
Sales:	13
Avg $ Per SqFt:	$572.74
Min Sale Price:	$420,000
Max Sale Price:	$1,145,000
Med Sale Price:	$850,000
Jul 2020
Sales:	21
Avg $ Per SqFt:	$503.99
Min Sale Price:	$170,000
Max Sale Price:	$1,195,000
Med Sale Price:	$715,000
Jun 2020
Sales:	16
Avg $ Per SqFt:	$423.59
Min Sale Price:	$178,000
Max Sale Price:	$2,455,000
Med Sale Price:	$796,250
May 2020
Sales:	18
Avg $ Per SqFt:	$367.81
Min Sale Price:	$130,000
Max Sale Price:	$1,550,000
Med Sale Price:	$675,000
Apr 2020
Sales:	6
Avg $ Per SqFt:	$612.54
Min Sale Price:	$560,000
Max Sale Price:	$1,685,000
Med Sale Price:	$701,000
Mar 2020
Sales:	19
Avg $ Per SqFt:	$584.06
Min Sale Price:	$540,000
Max Sale Price:	$1,640,000
Med Sale Price:	$750,000
Feb 2020
Sales:	42
Avg $ Per SqFt:	$475.88
Min Sale Price:	$1,995
Max Sale Price:	$1,600,000
Med Sale Price:	$754,500
Jan 2020
Sales:	10
Avg $ Per SqFt:	$451.21
Min Sale Price:	$338,000
Max Sale Price:	$1,625,000
Med Sale Price:	$637,000

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JILL PONTI

01371652 (805) 550-8363

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Area Information
State	CA
County	San Luis Obispo
City	San Luis Obispo
Zip Code	93405
Area	SLO - San Luis Obispo
Listing VS Median (in 93405)
Price: $1,449,000 low \| high Med: $699,900 100% of Average SqFt: 2,701 low \| high Med: 1,673 88.059977786005% of Average $ / SqFt: $536 low \| high Med: $418 72.017662076655% of Average On Site: 103 low \| high Med: 4 100% of Average

Nearby Listings (Within 1/2 mile)

Price: $0 - $0

SqFt: 2,000 - 3,000

Nearby Listings Property Image	Nearby Listings Details
	$0 1005 Court Street #210 San Luis Obispo, CA 93401

Listing Updated: August 20, 2020 4:39:03 PM PDT

MLS Number: SP20210325
Listing Provided By:
Ryan Benson of Peak Properties

1130 Olive St,San Luis Obispo, CA 93405

San Luis Obispo CA, 93405

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Description

Details

Features

Market Activity 93405

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Contact

Learn More About This Property

JILL PONTI

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JILL PONTI - Berkshire Hathaway HomeServices Hallmark Realty