1325 Pismo Street

San Luis Obispo, CA 93401

$2,600,000
Price
6
Beds
4
Baths
2,835 Sq. Ft.
$917 / Sq. Ft.
2,835
Sq. Ft.
$917
per Sq. Ft.

Description

Fantastic investment opportunity! Featuring a 1,435 sq ft, 2-bedroom, 2-bathroom home, a duplex with two 700 sq ft, 2-bedroom, 1-bathroom units, with separate water, gas and electric meters, plus a 20'X30' Shop with it's own electric meter. All situated on a large, 10,200 sq ft split-able lot, making it ideal for future development potential. The main home was meticulously remodeled down to the studs in 2016, preserving its charming craftsman style. Highlights include built-in cabinetry, engineered...Fantastic investment opportunity! Featuring a 1,435 sq ft, 2-bedroom, 2-bathroom home, a duplex with two 700 sq ft, 2-bedroom, 1-bathroom units, with separate water, gas and electric meters, plus a 20'X30' Shop with it's own electric meter. All situated on a large, 10,200 sq ft split-able lot, making it ideal for future development potential. The main home was meticulously remodeled down to the studs in 2016, preserving its charming craftsman style. Highlights include built-in cabinetry, engineered hardwood floors, and modern upgrades such as a tankless water heater and a Hague water softening/filter system, all new plumbing, electrical, sewer, water and natural gas including new supply lines from utilities at the street. The inviting entry features a built-in window seat with storage, leading through a wood archway to the living room. Here, you'll find a Valor gas fireplace with remote control and fan for cozy evenings. The dining area opens to a beautifully updated kitchen, complete with granite countertops, stainless steel appliances, a dual sink with a built-in soap dispenser, and soft-close cabinetry, including a handy trash/recycle drawer. A spacious double-door pantry provides ample storage. The primary bedroom offers a peaceful retreat with a luxurious en-suite bath, featuring a roll-in shower, oversized jetted tub, a wall heater and elegant marble tile and countertops. The second bathroom is equally impressive, featuring non-slip tile flooring and a built-in wall heater, ensuring comfort year-round. The second bedroom offers versatility, with a built-in desk conveniently located in the closet. Both the main home and the duplex are equipped with central air conditioning and heating, ensuring comfort in every season. The property boasts a charming covered front patio with a fountain, providing a serene space to relax while overlooking the raised garden beds—perfect for gardening enthusiasts. Additionally, the spacious 600 sq ft shop rests atop a thick concrete slab with two metal roll-up doors and 2 man doors in the back, offers 110 & 220 electrical outlets, making it ideal for various projects or potentially converting into an additional dwelling unit (ADU) for extra income. This property provides an excellent opportunity for investors or multi-generational living, all while enjoying the benefits of modern amenities and classic craftsman style.
  1. Listed by Hal Sweasey • DRE #01111911 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast • 805-781-3750

Property Details for 1325 Pismo Street

View
Hills, Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2835
LISTING UPDATED: 10/21/2024 02:04 AM

Property Details for 1325 Pismo Street

StatusActive
MLS #SC24176579
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1959
CountySan Luis Obispo County

Building Information for 1325 Pismo Street

Building/Complex1325 Pismo StFloor-Stories1Residences-Pet Policy-Year Built1959Building Size-

Property Information for 1325 Pismo Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $64,800
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $64,800
  • 433a Certified: No
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Softener
  • Equipment: Dishwasher, Microwave, Refrigerator, Water Softener, Gas Oven, Gas Range
  • Interior Features: Built-in Features, Granite Counters, Pantry, Stone Counters
  • Room Type: Entry, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Workshop
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Room Bathroom Features: Shower, Shower in Tub, Jetted Tub, Remodeled, Separate tub and shower, Walk-in shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Location: Laundry Room
  • Fireplace Features: Living Room, Gas Starter
  • Fireplace Rooms: Gas Starter, Living Room
  • Fireplace: FP in Living Room, Gas Starter
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Stone, Tile, Wood
  • Flooring: Stone, Tile, Wood
Exterior Features
  • Window Features: Double Pane Windows
  • Entry Location: Ground level
  • Structure Type: Triplex
  • Other Structures: Two On A Lot, Workshop
  • Property Condition: Turnkey
  • Miscellaneous: Gutters
  • View Description: Hills
  • Patio: Yes
  • Patio: Covered
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Cul-De-Sac, Level with Street, Near Public Transit
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $64,800
  • Unit Type Pro Forma: 68400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 38400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Range: 2

Property History for 1325 Pismo 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 1325 Pismo Street

Taxable ValueLand$506,907Additions$345,080Total$851,987
Tax Record2024$9,416 ($785 / month)
Home Facts
Total Finished SqFt1,485 SqFtAbove Grade Finished SqFt1,485 SqFtLot Size10,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959ZoningR2CountySAN LUIS OBISPOAPN002-454-020

Schools near 1325 Pismo 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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1325 Pismo Street is a multi-family home for sale in San Luis Obispo, CA 93401. This property was listed for sale on August 24, 2024 by Keller Williams Realty Central Coast, it's currently listed at $2,600,000. 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. 1325 Pismo Street is a 6-bed, 4-bath, 2,835 sqft multi-family home built in 1959.

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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