1045 Islay Street

San Luis Obispo, CA 93401

$1,399,900
Price
2
Beds
3
Baths
1,931 Sq. Ft.
$725 / Sq. Ft.
1,931
Sq. Ft.
$725
per Sq. Ft.

Description

This charming property offers a unique investment opportunity nestled within San Luis Obispo's Historic Downtown District. The lot features three units: a nicely updated main house, and at the back of the property, a duplex with two studio apartments, added in 1987. The 1033 sq ft main house boasts timeless appeal with the living room bathed in natural light from picturesque windows and flowing seamlessly into a dining room featuring a built-in buffet. The updated kitchen blends modern convenience...This charming property offers a unique investment opportunity nestled within San Luis Obispo's Historic Downtown District. The lot features three units: a nicely updated main house, and at the back of the property, a duplex with two studio apartments, added in 1987. The 1033 sq ft main house boasts timeless appeal with the living room bathed in natural light from picturesque windows and flowing seamlessly into a dining room featuring a built-in buffet. The updated kitchen blends modern convenience with historic character, showcasing newer flooring, cabinets, appliances, and fixtures, along with the original pass-through counter, shelves, and pantry. The bathroom includes a pedestal sink, a classic cast-iron tub, and decorative wainscoting. A private backyard offers a serene space for gardening and entertaining, and the spacious bungalow front porch is a great place to relax with a book or chat with friends. Each of the two studio units in the duplex provides approximately 449 sq. ft. of comfortable living space indoors, with sliding glass door access to a private creekside deck. These open-concept studios include a kitchen, a full bathroom, and a laundry closet conveniently located on the deck. Residents will enjoy relaxing on the private decks surrounded by lush landscaping. The 8,000 sq. ft. lot offers off street parking, and ample opportunities for expansion or additional enhancements. Its prime location ensures proximity to downtown amenities, adding significant appeal to this property. Whether you're looking to invest, live on-site, or rent out all units, this property combines historical charm with modern updates, making it a standout opportunity.
  1. Listed by Hal Sweasey • DRE #01111911 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast

Property Details for 1045 Islay Street

View Description
Mountains/Hills, Neighborhood
City Postal ID
SAN LUIS OBISPO (93401)
LISTING UPDATED: 01/06/2025 09:21 AM

Property Details for 1045 Islay Street

StatusActive
MLS #SC24250056
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / All Other Attached
Year Built1905
Lot Size0.18 AC / 8,001 SF
CountySan Luis Obispo County

Building Information for 1045 Islay Street

Stories1Residences-Year Built1905Lot Size0.18 AC / 8,001 SF

Property Information for 1045 Islay Street

Summary Information
Property and Location
  • System ID: 306333211
  • Class: RESIDENTIAL
  • Residential Styles: All Other Attached
  • Architectural Style: Craftsman/Bungalow
  • Levels: 1 Story
  • Year Built: 1905
  • Street Number Numeric: 1045
  • Street Name: Islay Street
  • Directions To Property: Santa Rosa St to Islay
Parking
  • Parking Garage Spaces: 0
HOA and Fees
  • Home Owner Fees: $0
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: This charming property offers a unique investment opportunity nestled within San Luis Obispo's Historic Downtown District. The lot features three units: a nicely updated main house, and at the back of the property, a duplex with two studio apartments, added in 1987. The 1033 sq ft main house boasts timeless appeal with the living room bathed in natural light from picturesque windows and flowing seamlessly into a dining room featuring a built-in buffet. The updated kitchen blends modern convenience with historic character, showcasing newer flooring, cabinets, appliances, and fixtures, along with the original pass-through counter, shelves, and pantry. The bathroom includes a pedestal sink, a classic cast-iron tub, and decorative wainscoting. A private backyard offers a serene space for gardening and entertaining, and the spacious bungalow front porch is a great place to relax with a book or chat with friends. Each of the two studio units in the duplex provides approximately 449 sq. ft. of comfortable living space indoors, with sliding glass door access to a private creekside deck. These open-concept studios include a kitchen, a full bathroom, and a laundry closet conveniently located on the deck. Residents will enjoy relaxing on the private decks surrounded by lush landscaping. The 8,000 sq. ft. lot offers off street parking, and ample opportunities for expansion or additional enhancements. Its prime location ensures proximity to downtown amenities, adding significant appeal to this property. Whether you're looking to invest, live on-site, or rent out all units, this property combines historical charm with modern updates, making it a standout opportunity.
Interior and Exterior Features
Interior Features
  • Heat Equipment: Forced Air Unit
  • Laundry Location: Closet Full Sized, Laundry Room
  • Equipment: Microwave, Gas Oven, Gas Range
  • Fireplace: N/K
  • Floor Coverings: Carpet, Linoleum/Vinyl, Wood
  • Interior Features: Wainscoting
  • Bedrooms Count: 2
  • Searchable Rooms: Kitchen, Living Room, Laundry
Exterior Features
  • Pool: N/K
  • Patio: Deck, Porch, Wood
  • Square Footage: 1931
Property Information
Property and Assessments
  • Total Stories: 1
  • Stories in Building: 1
  • Residential Unit Location: 1 common wall
  • Entry Only: No
  • Entry Level Unit: 1
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Site: Curbs, Sidewalks
  • Assessments: Unknown
  • Assessors Parcel Num: 003553024
  • Miscellaneous: Gutters
Mobile/Manufactured
  • Other Structures: Two On A Lot
Utilities
  • Water: Public
  • Sewer/Septic: Public Sewer

Property History for 1045 Islay Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1045 Islay Street

Taxable ValueLand$631,251Additions$355,388Total$986,639
Tax Record2024$10,904 ($909 / month)
Home Facts
Total Finished SqFt1,033 SqFtAbove Grade Finished SqFt1,033 SqFtLot Size8,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1905ZoningR3CountySAN LUIS OBISPOAPN003-553-024

Schools near 1045 Islay Street

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Hawthorne Elementary School
PublicK to 6

Laguna Middle School
Public7 to 8

San Luis Obispo High School
Public9 to 12

Peep - De'Groot - Prepare School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1045 Islay Street is a townhouse for sale in San Luis Obispo, CA 93401. This property was listed for sale on January 3, 2025 by Keller Williams Realty Central Coast, it's currently listed at $1,399,900. It has been on the market for a total of 4 days and was last sold on July 17, 2008. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Hawthorne Elementary School, Laguna Middle School and San Luis Obispo High School. 1045 Islay Street is a 2-bed, 3-bath, 1,931 sqft townhouse built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Central Coast, Hal Sweasey, DRE #01111911

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