$2,725,000
$225K PRICE DROP

Estimated payment $16,275/month

Total Views 18,368
14 Beds
7 Baths
5,398 Sq Ft
$505 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Laundry Facilities
  • Bishop's Peak Elementary School Rated A
  • Living Room
  • Wood Fence

About This Home

This exceptional multi-unit property delivers strong cash flow from day one with 7 long-term. Most units feature private fenced yards for enhanced tenant appeal and privacy.
Set in a peaceful country location yet just minutes from town, it boasts beautiful views of Bishop Peak and Madonna Mountain—ideal for enjoying Central Coast living.
With room to add units (subject to county approval, buyer to verify), this is a turnkey cash-flow opportunity with excellent growth potential in one of California's most sought-after areas.
Perfect for investors seeking proven performance, privacy, stunning scenery, and prime location. See listing agent for additional income opportunities.

Listing Agent

Troy Gray

Kestly Realty Group Inc. Brokerage Phone: 425-293-6730 License #02200783 Listed on: 04/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4.78 Acre Lot
  • Lot Dimensions are 200x1028
  • No Common Walls
  • Wood Fence
  • Density is 11-15 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 5,398 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views
  • Gas And Electric Dryer Hookup

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 14 Main Level Bedrooms
  • 7 Full Bathrooms

Parking

  • Parking Available
  • Paved Parking

Schools

  • Bishop's Peak Elementary School
  • Laguna Middle School
  • San Luis Obispo High School

Utilities

  • Natural Gas Connected
  • Well
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 067081006

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • San Luis Obispo Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

4.78 Acres

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Well Pump Horsepower: 0.50
  • Well Report: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 067081006
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5398.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 14
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 14
  • Price Per Square Foot: 504.82
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected
  • Laundry: Yes
  • Appliances: Water Heater, Microwave, Refrigerator, Gas Range
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Well
  • Well Gallons Per Minute: 0.50

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • Elementary School: Bishop's Peak
  • High School: San Luis Obispo
  • Middle Or Junior School: Laguna
  • Elementary School #2: BISPK
  • High School2: SALUOB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size: 200x1028
  • Lot Size Sq Ft: 208217.00
  • Lot Size Acres: 4.7800
  • Latitude Manual: 35.28304100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 208217.0000 Square Feet
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 16

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,748 $1,457,320 $1,137,430 $319,890
2025 $15,748 $1,428,746 $1,115,128 $313,618
2024 $15,200 $1,400,732 $1,093,263 $307,469
2023 $15,200 $1,373,268 $1,071,827 $301,441
2022 $14,248 $1,346,342 $1,050,811 $295,531
2021 $14,021 $1,319,944 $1,030,207 $289,737
2020 $13,877 $1,306,411 $1,019,644 $286,767
2019 $13,733 $1,280,796 $999,651 $281,145
2018 $13,464 $1,255,683 $980,050 $275,633
2017 $13,200 $1,231,063 $960,834 $270,229
2016 $12,331 $1,150,000 $900,000 $250,000
2015 $9,648 $900,000 $725,000 $175,000
2014 $8,032 $800,000 $625,000 $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 Price Changed $2,725,000 -0.9% $505 / Sq Ft
08/20/2026 08/20/26 Price Changed $2,750,000 -0.9% $509 / Sq Ft
07/11/2026 07/11/26 Price Changed $2,775,000 -5.9% $514 / Sq Ft
04/03/2026 04/03/26 For Sale $2,950,000 -- $546 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC26072122

California Regional Multiple Listing Service (CRMLS)
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