NOT LISTED FOR SALE

1149 Olive St San Luis Obispo, CA 93405

Santa Rosa Neighborhood
8 Beds
4 Baths
2,700 Sq Ft
7,500 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $1,200,000 $444 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 3-minute walk to Santa Rosa Park
  • Bishop's Peak Elementary School Rated A

About This Home

As of January 2018

Property is currently a triplex, included the adjacent property APN# 001-206-015 a 2 bedroom 1 bath. The value is in the land properties go from Hotel to the freeway on ramp. fully rented PLEASE DO NOT DISTURB THE TENANTS

Last Agent to Sell the Property

Garry II Holdgrafer

Holdgrafer Group, Inc. License #00968379 Listed on: 09/22/2017

Last Buyer's Agent

Andrew Richardson

Richardson Sotheby's International Realty License #01872187

Richardson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • 001-206-015

Home Design

  • 2,700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 001206014

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $1,500
  • Water Sewer Expense $3,500
  • New Taxes Expense $11,000
  • Operating Expense $15,000
  • Gross Income $61,200
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Other Phone Description: 8058017647
  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • Water Sewer Expenses: 3500.00
  • Zoning: CT
  • Property Type: Residential Income
  • Parcel Number: 001206014
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 444.44

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Laundry: Yes
  • Electric: 220 Volts in Kitchen
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 001-206-015
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7500.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 61200.00
  • Gross Scheduled Income: 5100.00
  • Insurance Expense: 800.00
  • Net Operating Income: 3100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 15000.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Census Tract: 109.02

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $1,200,000 -11.1% $444 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $1,350,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Richardson

    Buyer's Agent in 2018

    Andrew Richardson

    Richardson Sotheby's International Realty

    (805) 781-6040

    1 in this area

    70 Total Sales

    Andrew Richardson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP17219329

California Regional Multiple Listing Service (CRMLS)

APN: 001-206-014

California San Luis Obispo County San Luis Obispo 93405 Santa Rosa

1149 Olive St, San Luis Obispo, CA

This home is located at 1149 Olive St, San Luis Obispo, CA 93405 since 22 September 2017. This property was built in 1928. 1149 Olive St is a home located in San Luis Obispo County with nearby schools including Bishop's Peak Elementary School, Laguna Middle School, and San Luis Obispo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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. 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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