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Listed by Jeff Landon • Keller Williams Realty Central Coast
$ 2,300,000
Est. payment /mo
Active
1018 & 1022 Islay ST San Luis Obispo, CA 93401
6 Beds
4 Baths
2,457 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,457 sqft
Price per Sqft $936
MLS Listing ID CRPI25042402
Bedrooms 6
Full Baths 4
Year Built 1900
Lot Size 4,750 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen-offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new tank
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R3
Rooms
Kitchen Oven Range - Gas, Refrigerator
Interior
Heating Forced Air
Cooling None
Fireplaces Type None
Laundry 30, Other, Washer, Dryer, 9
Exterior
Parking Features Other
Fence Wood
Pool 31, None
View Hills, Local/Neighborhood
Roof Type Shingle,Composition
Building
Water District - Public
Others
Tax ID 003544012
Special Listing Condition Not Applicable
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