1142 Montalban Street

San Luis Obispo, CA 93405

$1,500,000
Price
—
Beds
1,208 Sq. Ft.
$1,242 / Sq. Ft.
1,208
Sq. Ft.
$1,242
per Sq. Ft.

Description

Commercial / Residential mixed use development opportunity in San Luis Obispo! This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units to be built (2 commercial, 2 residential + ADU) within 1 mile walking/biking/transportation of Cal Poly campus San Luis Obispo. Current building on property is 1208 sq ft 2bed/1 bth home built 1910 and is rented until 1/31/2025 allowing for ongoing income as the plans/permits are finalized. Purchase of the...Commercial / Residential mixed use development opportunity in San Luis Obispo! This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units to be built (2 commercial, 2 residential + ADU) within 1 mile walking/biking/transportation of Cal Poly campus San Luis Obispo. Current building on property is 1208 sq ft 2bed/1 bth home built 1910 and is rented until 1/31/2025 allowing for ongoing income as the plans/permits are finalized. Purchase of the property includes existing plans, permits, studies and approvals.
  1. Listed by Scott Taylor • DRE #01864709 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast • 805-540-4825

Property Details for 1142 Montalban Street

Parking Spaces Total
2
Lot Size Source
Assessor
Building Area Total
1208
Building Area Units
Square Feet
Stories Total
3
Entry Level
2
Zoning
Mixed Complex
Parcel Number
001113005
LISTING UPDATED: 08/13/2024 09:34 AM

Property Details for 1142 Montalban Street

StatusActive
MLS #PI24167425
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1910
Lot Size0.19 AC / 8,195 SF
CountySan Luis Obispo County

Building Information for 1142 Montalban Street

Stories3Residences-Year Built1910Lot Size0.19 AC / 8,195 SF

Property Information for 1142 Montalban Street

Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Own
  • Cooling: None
  • Heating: Wall Furnace
Exterior Features
  • Construction Materials: Plaster, Stucco
  • Roof: Composition, Shingle
  • Fence: Yes
  • Fencing: Wood
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Back Yard, Front Yard
  • Land Use: Multi-Family, Office, Other
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 2
Property / Structure Info
  • Building Status: Existing

Property History for 1142 Montalban 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 1142 Montalban Street

Taxable ValueLand$455,130Additions$142,227Total$597,357
Tax Record2024$6,524 ($544 / month)
Home Facts
Total Finished SqFt1,208 SqFtAbove Grade Finished SqFt1,208 SqFtLot Size8,195 SqFtStyleOffice BuildingYear Built1910ZoningCTCountySAN LUIS OBISPOAPN001-113-005

Schools near 1142 Montalban 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 - 4 to 6
Rating
School
Distance
Bishop's Peak Elementary School
PublicK to 6

Laguna Middle School
Public7 to 8

San Luis Obispo High School
Public9 to 12

Teach Elementary School
Public4 to 6

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1142 Montalban Street is a mixed use property for sale in San Luis Obispo, CA 93405. This property was listed for sale on August 13, 2024 by Keller Williams Realty Central Coast, it's currently listed at $1,500,000. It has been on the market for a total of 70 days and was last sold on May 3, 2017. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Bishop's Peak Elementary School, Laguna Middle School and San Luis Obispo High School. 1142 Montalban Street is a 0-bed, 0-bath, 1,208 sqft mixed use property built in 1910.

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, Scott Taylor, DRE #01864709

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.