$975,000
SOLD JUL 25, 2025
2 Beds
2 Baths
1,316 Sq Ft
2,032 Sq Ft Lot

Recently Sold

$741 Per Sq Ft

21 Days on Market

Highlights

  • Mountain View
  • Main Floor Primary Bedroom
  • Hiking Trails
  • Laguna Middle School Rated A
  • No HOA
  • 5-minute walk to Mitchell Park

About This Home

As of July 2025

Discover the perfect blend of charm, income, and location at 1022 Leff Street — a beautifully upgraded duplex tucked into San Luis Obispo’s historic Old Town district. Just blocks from downtown, the train station, parks, cafes, and the iconic Thursday night Farmers' Market, this rare offering sits in one of SLO’s most walkable and desirable neighborhoods. Each 1-bedroom, 1-bathroom unit features 658 sq ft of sun-filled living space with full kitchens, private entrances, private balconies overlooking Bishop Peak, and ample parking in a private 3-car driveway. Recent upgrades include fresh interior and exterior paint, a new roof (Nov 2024), a full remodel of Unit A, stylish updates to Unit B, and a newly slurry-coated driveway. Zoned R3, the property offers valuable upside potential. Whether you're an investor, owner-occupant seeking to house hack, or completing a 1031 exchange, the layout supports multiple income strategies: Airbnb on one side and live on the other, lease both as mid-term rentals, rent to Cal Poly students, or hold as a long-term appreciating asset. With proximity to French Hospital, Cal Poly, Edna Valley Wine Country, and Avila Beach, the location appeals to traveling nurses, visiting faculty, vacationers, and remote professionals alike. A turnkey, income-producing, and rarely available duplex — 1022 Leff is a dynamic opportunity in one of San Luis Obispo’s most in-demand neighborhoods.

Last Agent to Sell the Property

Julianna Gimelli

Eighty20 Group Brokerage Phone: 559-907-8158 License #02056527 Listed on: 06/05/2025

Last Buyer's Agent

Julianna Gimelli

Eighty20 Group Brokerage Phone: 559-907-8158 License #02056527 Listed on: 06/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,296

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 2,032 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Additional Features

  • Urban Location
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 13 / 173
  • Assessor Parcel Number 003553016
  • $848,130 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • San Luis Obispo Subdivision
  • Foothills

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,296

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: R3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 003553016
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1316.00 Square Feet
  • Stories: 2
  • Entry Location: Main Level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 740.88
  • Room Type: Main Floor Primary Bedroom
  • Bathroom Features: Remodeled

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Park, Sidewalks, Urban

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2032.00
  • Lot Size Acres: 0.0466

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2032.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 173
  • Tax Census Tract: 111.01
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 848130.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jul 18, 2025
Sold by
Olcott Jonathan Andrew
Bought by
Smith Savannah Burns and Gomez Jeffrey
Seller's Agent
Julianna Gimelli
Eighty20 Group
Buyer's Agent
Julianna Gimelli
Eighty20 Group
List Price
$975,000
Sold Price
$975,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.37%
Original Mortgage
$942,459
Outstanding Balance
$942,459
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$25,570

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 1, 2023
Sold by
Thomas Family Trust
Bought by
Olcott Jonathan Andrew
Seller's Agent
Lindsey Harn
Christie's International Real Estate Sereno
Buyer's Agent
Janelle Eagle
eXp Realty of California, Inc
List Price
$899,000
Sold Price
$831,500
Premium/Discount to List
-$67,500
-7.51%
Views
247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$706,775
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Thomas Laurence B and Thomas Priscilla
Bought by
Thomas Laurence B and Thomas Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
Thomas Laurence B and Thomas Priscilla F
Bought by
Thomas Laurence B and Thomas Priscilla
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $975,000 First American Title
Grant Deed $831,500 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $942,459 FHA
Previous Owner $706,775 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $161,000 New Conventional
Previous Owner $164,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $975,000 0.0% $741 / Sq Ft
07/23/2025 07/23/25 For Sale $975,000 0.0% $741 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $975,000 +17.3% $741 / Sq Ft
05/22/2023 05/22/23 Sold $831,500 +0.8% $632 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $824,500 -8.3% $627 / Sq Ft
03/02/2023 03/02/23 For Sale $899,000 -- $683 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,296 $865,092 $416,160 $448,932
2024 $3,194 $848,130 $408,000 $440,130
2023 $3,194 $288,550 $144,275 $144,275
2022 $2,994 $282,894 $141,447 $141,447
2021 $2,946 $277,348 $138,674 $138,674
2020 $2,916 $274,506 $137,253 $137,253
2019 $2,886 $269,124 $134,562 $134,562
2018 $2,829 $263,848 $131,924 $131,924
2017 $2,774 $258,676 $129,338 $129,338
2016 $2,719 $253,604 $126,802 $126,802
2015 $2,678 $249,796 $124,898 $124,898
2014 $2,459 $244,904 $122,452 $122,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25125910

California Regional Multiple Listing Service (CRMLS)

APN: 003-553-016