C
Seller's Agent in 2024
Chantay Andrews
Richardson Sotheby's International Realty
(805) 712-5230
1 in this area
10 Total Sales
1543 Royal Way San Luis Obispo, CA 93405
Billygoat Acres NeighborhoodEstimated Value: $1,397,000 - $1,801,000
7
Beds
5
Baths
3,442
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Neighborhood Views
- Laundry Room
- 3 Car Garage
- C.L. Smith Elementary School Rated A
- Accessible Parking
- Wood Fence
About This Home
As of February 2024We are excited to present a new investment opportunity in San Luis Obispo at 1543 Royal Way. This complex has 3 units and is perfect for investors looking for a great property in a desirable neighborhood. The building is located on a wonderful street that is close to schools, restaurants, and shopping centers. Big box stores are also conveniently located nearby. The property offers approximately 3442 sq. ft+/- of rentable space with an attractive unit mix of 3 Bedrooms / 2 Baths, 2 Bedrooms /1.5 Baths, and 2 Bedrooms/ 1 Bath units. It has garage parking, additional parking spaces for each unit, and a shared laundry onsite. Each unit is individually metered for electricity and has open, airy kitchens and living areas. The larger unit has a private backyard and another unit has a private patio space. The property has a good walkability score, making it a great location as tenants can easily accomplish some errands on foot. San Luis Obispo has been experiencing significant growth and investment interest for many years. It is home to amazing colleges such as California Polytechnic State University and Cuesta College. This property is a great opportunity for buyers and investors to start or expand their investment portfolio.
Last Agent to Sell the Property
Richardson Sotheby's International Realty License #01363160 Listed on: 02/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,039
Year Built
- Built in 1970
Lot Details
- 8,886 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
- Driveway
- Parking Lot
Home Design
- Triplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,442 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Neighborhood Views
Kitchen
- Electric Oven
- Electric Cooktop
- Formica Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Heating Available
- Water Heater
- Cable TV Available
Additional Features
- Accessible Parking
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 6
- Tax Tract Number 393
- Assessor Parcel Number 053102006
Community Details
Overview
- 3 Units
- San Luis Obispo Subdivision
Building Details
- 3 Separate Electric Meters
- 1 Separate Water Meter
- Gardener Expense $1,276
- Insurance Expense $5,540
- Trash Expense $1,898
- Water Sewer Expense $2,058
- Operating Expense $5,233
- Net Operating Income $2,864
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Feb 15, 2024
Sold by
Cummings Layton And Davis Llc
Bought by
Slo Dog Properties Llc
Seller's Agent
Chantay Andrews
Richardson Sotheby's International Realty
Buyer's Agent
Kristi Donati
The Avenue Central Coast Realty, Inc.
List Price
$1,399,000
Sold Price
$1,360,000
Premium/Discount to List
-$39,000
-2.79%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,668
Avg. Annual Appreciation
7.96%
Purchase Details
Closed on
Aug 7, 2009
Sold by
Cummings Farrell T and Cummings Cheryl L
Bought by
Cummings Layton & Davis Llc
Purchase Details
Closed on
Nov 18, 2008
Sold by
Mose Arlene K and Virginia L Cummings Trust
Bought by
Layton James H and Layton Linda L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Slo Dog Properties Llc | $1,360,000 | Fidelity National Title | |
| Cummings Layton & Davis Llc | -- | None Available | |
| Layton James H | -- | Fidelity National Title Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $1,360,000 | -2.8% | $395 / Sq Ft |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 02/02/2024 02/02/24 | For Sale | $1,399,000 | -- | $406 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,039 | $1,387,200 | $459,000 | $928,200 |
| 2024 | $2,012 | $136,959 | $28,819 | $108,140 |
| 2023 | $2,012 | $134,274 | $28,254 | $106,020 |
| 2022 | $1,900 | $131,642 | $27,700 | $103,942 |
| 2021 | $1,841 | $129,061 | $27,157 | $101,904 |
| 2020 | $1,820 | $127,739 | $26,879 | $100,860 |
| 2019 | $1,789 | $125,235 | $26,352 | $98,883 |
| 2018 | $1,763 | $122,781 | $25,836 | $96,945 |
| 2017 | $1,725 | $120,375 | $25,330 | $95,045 |
| 2016 | $1,567 | $118,016 | $24,834 | $93,182 |
| 2015 | $1,246 | $116,244 | $24,461 | $91,783 |
| 2014 | $1,295 | $113,968 | $23,982 | $89,986 |
Source: Public Records
Agents Affiliated with this Home
-
Chantay Andrews
-
Kristi Donati
Buyer's Agent in 2024
Kristi Donati
The Avenue Central Coast Realty, Inc.
(805) 459-3099
1 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS24009577
APN: 053-102-006
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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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