2730 McMillan Avenue

San Luis Obispo, CA 93401

$3,150,000
Price
5
Beds
47
Baths
41,884 Sq. Ft.
$75 / Sq. Ft.
41,884
Sq. Ft.
$75
per Sq. Ft.

Description

Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other...Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants. New ownership will benefit from the well designed project by Arris Architecture and a bid in hand from JW Design.
  1. Listed by Anthony Aurignac • DRE #01946262 • Brokerage DRE #01946262 • Venture Real Estate • slo.aa@aol.com

Property Details for 2730 McMillan Avenue

View
Hills
Parking Spaces Total
0
Private Pool
No
Total Units
46.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
41884
Assessor Parcel Number
053212022
LISTING UPDATED: 11/25/2024 04:55 AM

Property Details for 2730 McMillan Avenue

StatusActive
MLS #SC24087308
Days on Market230
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
CountySan Luis Obispo County

Building Information for 2730 McMillan Avenue

Building/Complex2730 Mcmillan AveFloor-Stories4Residences-Pet Policy-Year Built2024Building Size-

Property Information for 2730 McMillan Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $1,542,123
  • Net Operating Income: $1,097,017
Expense Details
  • Operating Expense: $445,106
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Census Tract: 111.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Dog Park, Hiking, Park, Sidewalks, Storm Drains
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
Exterior Features
  • Entry Location: Parking Lot
  • View Description: Hills
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac
  • Number Of Units: 46
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)
Unit Information
Unit 1
  • Unit Type Units Total: 13
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 22
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 989
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1131
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 46
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 2730 McMillan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2730 McMillan Avenue

Taxable ValueLand$1,107,312Additions-Total$1,107,312
Tax Record2024$12,237 ($1,020 / month)
Home Facts
Lot Size47,916 SqFtStyleCommercialZoningMCountySAN LUIS OBISPOAPN053-212-022

Schools near 2730 McMillan Avenue

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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2730 McMillan Avenue is a multi-family home for sale in San Luis Obispo, CA 93401. This property was listed for sale on May 1, 2024 by Venture Real Estate, it's currently listed at $3,150,000. It has been on the market for a total of 230 days and was last sold on December 27, 2022. 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. 2730 McMillan Avenue is a 5-bed, 47-bath, 41,884 sqft multi-family home built in 2024.

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 Venture Real Estate, Anthony Aurignac, DRE #01946262

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