1118 Palm Street
$1,350,000
4
1
1
2,068
2,068
$653
Description
Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts...Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts elegant architectural features including large windows, soaring 11-foot ceilings, and distinctive rooflines that enhance its functionality and historic charm. Brass door handles, Douglas Fir floors, artistic lighting fixtures, and a grand fireplace add a touch of quality and uniqueness you won’t find in newer construction. The property includes a kitchen area, two bathrooms, and a separate walk in shower room. Elevated above street level, the property provides stunning views of the surrounding mountains and downtown San Luis Obispo. At the rear, you’ll find a serene sitting area and a large parking lot with 8 onsite spaces. The expansive attic, accessible via staircase, offers ample storage space with the potential to convert into additional office or living areas. Whether you envision creating a Downtown SLO estate with gardens, guest units, and a detached garage/shop, or improving a premium office space, this property presents a unique opportunity. The seller has developed conceptual plans for additional housing units - please inquire for more information. Discover the potential of Palm Street and imagine the possibilities for this remarkable property in the heart of San Luis Obispo.
- Listed by Erik Berg-Johansen • DRE #02061242 • Brokerage DRE #01904034 • Richardson Sotheby's International Realty • 805-538-1828
Property Details for 1118 Palm Street
Architectural Style
Victorian
ViewMountain(s)
Parking Spaces Total0
Private PoolNo
Cooling TypeCentral Forced Air
Total Units1.0
Building TypeDetached
Lot Size SourceAssessor
LISTING UPDATED: 10/30/2024 01:04 AM
Property Details for 1118 Palm Street
Status | Active |
---|---|
MLS # | SC24187371 |
Days on Market | 70 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1898 |
Lot Size | 0.28 AC / 12,000 SF |
County | San Luis Obispo County |
Building Information for 1118 Palm Street
Stories2Year Built1898Building Size-Lot Size0.28 AC / 12,000 SF
Property Information for 1118 Palm Street
Property History for 1118 Palm Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1118 Palm Street
Taxable ValueLand$780,300Additions$468,180Total$1,248,480
Tax Record2024$13,798 ($1,150 / month)
Home Facts
Total Finished SqFt2,068 SqFtAbove Grade Finished SqFt2,068 SqFtLot Size12,000 SqFtStyleOffice BuildingYear Built1898ZoningOCountySAN LUIS OBISPOAPN002-325-008
Schools near 1118 Palm 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.
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