20
See all 20 photos
$1,399,000
Est. payment /mo
8,193 Sqft Lot
Price Dropped by $101K
1142 Montalban ST San Luis Obispo, CA 93405
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UPDATED:
12/26/2024 09:18 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI24167425
HOA Y/N No
Year Built 1910
Lot Size 8,193 Sqft
Property 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.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning Mixed Complex
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Exterior
Fence Wood
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Composition,Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard
Story 3
Water Public
Others
Tax ID 001113005
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Scott Taylor • Keller Williams Realty Central Coast • 805-540-4825