NOT LISTED FOR SALE

1515 Beach St San Luis Obispo, CA 93401

Downtown San Luis Obispo Neighborhood
11 Beds
8 Baths
5,606 Sq Ft
0.42 Acres

Last Sold February 28, 2020

Last sale price $1,800,000 $321 Per Sq Ft

61 Days on Market

Highlights

  • 0.42 Acre Lot
  • Corner Lot
  • Bike Trail
  • Laguna Middle School Rated A
  • Laundry Room
  • 4-minute walk to Emerson Park

About This Home

As of February 2020

Attention Investors and Developers! Multifamily zoned investment property located in the Old Town Historic District in San Luis Obispo for sale! Over 1/3 acre on the corner of Beach St and Buchon St is an amazing opportunity for development or rehabilitation in a choice and highly desirable location. Eight separate residential addresses, six garages, a workshop and storage building, plus laundry room are packed with potential and unlimited possibilities. Information not verified.

Last Agent to Sell the Property

Judy Fitzgerald

BHGRE HAVEN PROPERTIES License #00929660 Listed on: 11/12/2019

BHGRE HAVEN PROPERTIES

Co-Listed By

Barbara Brooks

BHGRE HAVEN PROPERTIES License #01227626

Last Buyer's Agent

Sean Lee

THE REAL ESTATE COMPANY License #01331919

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.42 Acre Lot
  • 1 Common Wall
  • Corner Lot
  • Irregular Lot

Parking

  • 4 Car Garage

Home Design

  • 5,606 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 53
  • Assessor Parcel Number 003614019

Community Details

Overview

  • 5 Buildings
  • 8 Units

Recreation

  • Bike Trail

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 5 Separate Water Meters
  • Gross Income $105,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: San Luis Obispo(380)
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 003614019
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 321.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot
  • Lot Size Sq Ft: 18375.00
  • Lot Size Acres: 0.4218

Rental Info

  • Garage Rental Rate: 60.00

Multi Family

  • Garage Income: 120.00
  • Gross Income: 105180.00
  • Gross Scheduled Income: 105180.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 18375.0000 Square Feet
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Rent Control: No
  • Total Actual Rent: 8194.00

Tax Info

  • Tax Block: 53
  • Tax Census Tract: 111.02
  • Tax Lot: 2

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

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $1,800,000 -27.9% $321 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $2,495,000 -- $445 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Judy Fitzgerald

    Seller's Agent in 2020

    Judy Fitzgerald

    BHGRE HAVEN PROPERTIES

    (805) 544-9161

    10 Total Sales

    Judy Fitzgerald
    Section Image
  • Barbara Brooks

    Seller Co-Listing Agent in 2020

    Barbara Brooks

    BHGRE HAVEN PROPERTIES

    (805) 680-1389

    15 Total Sales

    Barbara Brooks
    Section Image

  • S

    Buyer's Agent in 2020

    Sean Lee

    THE REAL ESTATE COMPANY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19264003

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County San Luis Obispo 93401 Downtown San Luis Obispo

1515 Beach St, San Luis Obispo, CA

This home is located at 1515 Beach St, San Luis Obispo, CA 93401 since 12 November 2019. This property was built in 1920. 1515 Beach St is a home located in San Luis Obispo County with nearby schools including Laguna Middle School, San Luis Obispo High School, and San Luis Obispo Classical Academy.

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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