130 Orange Drive, San Luis Obispo, CA 93405 – SC24198502

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$2,250,000

Est. payment - /mo

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7 BD

3 BA

2,622 SqFt

Active

130 Orange Drive San Luis Obispo, CA 93405

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Michelle M Randazzo

michellesells@rpnevada.com +1(702) 412-1049

UPDATED:

12/05/2024 05:29 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,622 sqft

Price per Sqft $858

Subdivision San Luis Obispo(380)

MLS Listing ID SC24198502

Bedrooms 7

Full Baths 3

HOA Y/N No

Year Built 1947

Lot Size 7,862 Sqft

Property Description

Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ft—ideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the property’s value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Other Rooms Guest House Detached, Two On A Lot

Main Level Bedrooms 7

Interior

Interior Features Loft

Heating Forced Air

Cooling See Remarks

Fireplaces Type None

Fireplace No

Appliance Tankless Water Heater

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

View Y/N Yes

View Hills, Neighborhood

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Front Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Guest House Detached, Two On A Lot

New Construction No

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 052092004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Hal Sweasey • Keller Williams Realty Central Coast • 805-781-3750

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Michelle M Randazzo

REALTOR® | RE.0196837

+1(702) 412-1049

130 Orange Drive San Luis Obispo, CA 93405

Michelle M Randazzo

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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130 Orange Drive