$1,399,000
For Sale

1142 Montalban Street

San Luis Obispo, CA 93405
0.19 acres | #PI24167425
Listing OfficeKeller Williams Realty Central Coast
Browse 20 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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 property includes existing plans, permits, studies and approvals.

  • Property Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Lot DescriptionBackYard, FrontYard
      • CountySan Luis Obispo
      • Original List Price$1,500,000
      • MLS #PI24167425
      • MLS #PI24167425
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Cost1399000
      • Acres0.1881
      • Utility SourcePublic
      • Year Built1910
      • Stories3

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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