2730 Mcmillan Ave San Luis Obispo, CA 93401
Estimated payment $17,514/month
Highlights
- View of Hills
- Corner Lot
- Hiking Trails
- Laguna Middle School Rated A
- No HOA
- Cul-De-Sac
About This Home
Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants. New ownership will benefit from the well designed project by Arris Architecture and a bid in hand from JW Design.
Last Listed By
Venture Real Estate Brokerage Email: anthony@venturerealestate.io License #01946262 Listed on: 01/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,016
Year Built
- Built in 2024
Lot Details
- 1.1 Acre Lot
- Two or More Common Walls
- Cul-De-Sac
- Corner Lot
- Density is up to 1 Unit/Acre
Home Design
- Apartment
Interior Spaces
- 41,884 Sq Ft Home
- 4-Story Property
- Views of Hills
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 053212022
Community Details
Overview
- No Home Owners Association
- 46 Units
- San Luis Obispo Subdivision
Recreation
- Park
- Dog Park
- Hiking Trails
Building Details
- 46 Separate Electric Meters
- Net Operating Income $1,097,017
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $12,016 | $1,107,312 | $1,107,312 | -- |
| 2023 | $12,016 | $1,085,600 | $1,085,600 | $0 |
| 2022 | $10,583 | $1,000,000 | $1,000,000 | $0 |
| 2021 | $7,403 | $696,931 | $696,931 | $0 |
| 2020 | $7,327 | $689,785 | $689,785 | $0 |
| 2019 | $7,251 | $676,260 | $676,260 | $0 |
| 2018 | $7,109 | $663,000 | $663,000 | $0 |
| 2017 | $7,109 | $663,000 | $663,000 | $0 |
| 2016 | $3,218 | $300,122 | $300,122 | $0 |
| 2015 | $3,169 | $295,614 | $295,614 | $0 |
| 2014 | $2,910 | $289,824 | $289,824 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2025 01/20/25 | For Sale | $2,950,000 | 0.0% | $70 / Sq Ft |
| 01/20/2025 01/20/25 | For Sale | $2,950,000 | +353.8% | -- |
| 04/11/2016 04/11/16 | Sold | $650,000 | -7.1% | -- |
| 03/28/2016 03/28/16 | Pending | -- | -- | -- |
| 11/16/2015 11/16/15 | For Sale | $700,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $902,000 | First American Title | |
| Grant Deed | $331,500 | First American Title Company | |
| Grant Deed | $650,000 | First American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,970,000 | New Conventional | |
| Previous Owner | $195,000 | Commercial | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $238,226 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25013740
APN: 053-212-022
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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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