$1,599,900

132 Hathway

San Luis Obispo CA, 93405

Description

Brand New Construction! 5 bedroom 6 bath home location just 1 block to Cal Poly State University! Located in the "Opportunity Zone," this home is great 1031 option with rents expected in the $8-10k/mo range. With enough room left to build an ADU, this property has the potential to generate 12-15k/mo with the benefit of low maintenance and low overhead. Designed to offer privacy and space for each individual room, this single level living boasts adjoining bathrooms within each bedroom, drastically reducing the number of typical fights over sharing! New construction this close to Cal Poly is a rare option and provides a location that is tough to beat! Avoid the cheaply built and overpriced resale units that require updating, rehab, and have endless skeletons hiding in those closets. This home has what you need to generate income as well as offers a safe haven against market corrections due to the ever present demand from Cal Poly State University.

Details

MLS#SP20094384
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2020
Days On Site127

Features

Bed(s)5
Bath(s)6 Full
SQ Feet2,500
Story(s)1 Story
Acreage0.14
Property ViewYes

Market Activity 93405

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
School DistrictSan Luis Coastal Unified
Listing VS Median (in San Luis Obispo(380))
Price:
$1,599,900
low | high
Med:
$795,750
100% of Average
SqFt:
2,500
low | high
Med:
1,174
100% of Average
$ / SqFt:
$640
low | high
Med:
$678
44.005159323341% of Average
On Site:
127
low | high
Med:
128.5
98.832684824903% of Average
Listing Updated: 09/21/2020
Danny Sullivan LogoMLS Number: SP20094384
Listing Provided By:
Danny Sullivan  of  Sullivan Associates Real Est
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.