1527 Royal Way, San Luis Obispo, CA 93405 (MLS # PI24219494)

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PRICE $2,699,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,544 sqft
LOT SIZE 10,498 sqft

This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units.All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight.2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out.Lot has electric plug for the RV and is possible to connect to the existing sewer line.The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close.As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases.Large lot 11,000 sq ft, view of the mountains from several bedrooms.

DAYS ON MARKET 10 LAST UPDATED 10/23/2024
TRACT San Luis Obispo(380) YEAR BUILT 1971
COMMUNITY San Luis Obispo COUNTY San Luis Obispo
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Dryer, Washer
AREA San Luis Obispo
FIREPLACE Yes
GARAGE Asphalt, Assigned, Driveway Level
HEAT Central
HOA DUES 0
INTERIOR All Bedrooms Up, Entrance Foyer, High Ceilings, Laminate Counters
LOT 10500 sq ft
LOT DESCRIPTION 11-15 Units/Acre
PARKING Assigned,Asphalt,Driveway Level
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION San Luis Obispo(380)
UTILITIES Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
WATER Public
MORTGAGE CALCULATOR
   

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Listed with Century 21 Hometown Realty, Arroyo Grande Office

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 11:33 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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