NOT LISTED FOR SALE

654 Howard St Unit A & B San Luis Obispo, CA 93401

Downtown San Luis Obispo Neighborhood
5 Beds
3 Baths
2,250 Sq Ft
5,500 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $938,000 $417 Per Sq Ft

8 Days on Market

Highlights

  • View of Hills
  • Contemporary Architecture
  • Wood Flooring
  • Laguna Middle School Rated A
  • Cathedral Ceiling
  • Lawn

About This Home

As of November 2020

Opportunities like this don't come often...Fantastic 2 unit investment property walking distance to Cal Poly and Downtown SLO. Unit A is a 2 bedroom/1bath home with attached laundry & off-street parking, currently rents for $1,600/mo. Unit B features 3 bedrooms/2 baths, freshly painted and new carpet, upstairs study area, 2 outdoor decks, large private storage room, laundry and single car garage. There is ample off-street parking suitable for 4-5 vehicles. Great rental history on this unit at $3,400/mo. This property is also perfect for an owner occupant to live in 1 and enjoy strong rental income off the 2nd unit.

Last Listed By

Steve Ferrario

BHGRE HAVEN PROPERTIES License #01033421 Listed on: 09/28/2020

BHGRE HAVEN PROPERTIES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 5,500 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in good condition
  • Landscaped
  • Level Lot
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type
  • Clapboard

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Storage
  • Utility Room
  • Views of Hills

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer

Accessible Home Design

  • Accessible Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 001123005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • San Luis Obispo Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,320
  • Insurance Expense $900
  • Trash Expense $650
  • Water Sewer Expense $2,100
  • New Taxes Expense $9,000
  • Operating Expense $13,820
  • Gross Income $60,000
  • Net Operating Income $3,849

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: 805-215-3350
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 001123005
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Storage
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 416.89
  • Room Type: Utility Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Clapboard, Hardiplank Type

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Driveway, On Site, Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Gas Water Heater, Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 650.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Landscaped, Lawn, Level
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1263
  • Latitude Manual: 35.28831100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 5000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5500.0000 Square Feet
  • Net Operating Income: 3849.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1151.00
  • Rent Control: No
  • Total Actual Rent: 1600.00
  • Total Expenses: 13820.00

Tax Info

  • New Taxes Expense: 9000.00

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
11/06/2020 11/06/20 Sold $938,000 +4.3% $417 / Sq Ft
09/28/2020 09/28/20 For Sale $899,000 +56.3% $400 / Sq Ft
10/08/2012 10/08/12 Sold $575,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Ferrario

    Seller's Agent in 2020

    Steve Ferrario

    BHGRE HAVEN PROPERTIES

    (805) 215-3350

    10 in this area

    57 Total Sales

    Steve Ferrario
    Section Image
  • Layne Smith

    Buyer's Agent in 2020

    Layne Smith

    Link Real Estate Group, Inc.

    (805) 704-5476

    2 in this area

    33 Total Sales

    Layne Smith
    Section Image
  • Randy Steiger

    Seller's Agent in 2012

    Randy Steiger

    RE/MAX Del Oro

    5 in this area

    91 Total Sales

    Randy Steiger
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20200640

California Regional Multiple Listing Service (CRMLS)

California San Luis Obispo County San Luis Obispo 93401 Downtown San Luis Obispo

654 Howard St Unit A & B, San Luis Obispo, CA

Homes for Sale in San Luis Obispo, CA

This home is located at 654 Howard St Unit A & B, San Luis Obispo, CA 93401 since 28 September 2020. This property was built in 1981. 654 Howard St Unit A & B 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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