Skip To Content
    Return to Previous Page

    1130 Olive St

    San Luis Obispo, CA 93405
    • $1,459,000
    • STATUS: ACTIVE
    • ON SITE: 106 days
    • ID#: 302913260
    $1,459,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2003
    County:

    School Ratings & Info

    Description

    One of the newest investment opportunities with a 5% return rate for sale near Cal Poly consisting of two very well maintained, updated and permitted single family homes with 2700sf 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, fully rented for over $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, One of the newest investment opportunities with a 5% return rate for sale near Cal Poly consisting of two very well maintained, updated and permitted single family homes with 2700sf 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, fully rented for over $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, and is fully 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.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.callstein.com/homes/110774992
    Print Image

    1130 Olive St San Luis Obispo, CA 93405

    • Price: $1,459,000
    • Status: ACTIVE
    • ID#: 302913260
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2003
    Built
    Neighborhood:
    San Luis Obispo (93405)
    County:
    San Luis Obispo
    Area:
    San Luis Obispo (93405)
    Property Description
    One of the newest investment opportunities with a 5% return rate for sale near Cal Poly consisting of two very well maintained, updated and permitted single family homes with 2700sf 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, fully rented for over $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, One of the newest investment opportunities with a 5% return rate for sale near Cal Poly consisting of two very well maintained, updated and permitted single family homes with 2700sf 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, fully rented for over $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, and is fully 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.
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 3

    Property Features

    Actual Cap Rate 5.0 Annual Expense Actual 12854 Buildings 2 Gross Scheduled Income Actual 83084 Home Owners Fees 0.0 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2308.0 Unit2 Rent Actual 4616.0 Zoning Assessor

    Listing provided courtesy of Peak Properties. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_302913260-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_302913260-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_302913260-1.jpg
    Logo
    Keller Williams Realty La Jolla
    7817 Ivanhoe Ave.
    La Jolla CA, 92037