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36
Photos
1417 Carmel Street, San Luis Obispo, CA 93401
$1,000,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,144
sqft
Built in
1950
Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, with brand new carpeting and water heater, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.
Features & Amenities
Interior
- Laundry:
- Other/Remarks
- A/C:
- N/K
- Fireplace:
- N/K
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 0
Construction
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- San Luis Obispo
Lot
- Zoning:
- R3, 003611020
- View:
- Neighborhood
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Link Real Estate Group, Inc., Layne Smith
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About San Luis Obispo, CA
Housing
- Number of Units
- 25,677
- Median Home Value
- $720,160
- Median Rent
- $1,496
52.79% of housing units are renter occupied.
8.94% are vacant.
Commute
- Car
-
53.93%
- Public Transportation
-
1.46%
- Walk to Work
-
9.23%
- Work from Home
-
31.00%
- Other
-
0.10%
The median travel time to work is 11 minutes.
People
- Population
- 67,371
- Median Age
- 32.80
- Median Household Size
- 2.60
Education
- High School
-
15.67%
- Associate’s Degree
-
7.77%
- Bachelor’s Degree
-
26.33%
- Graduate Degree
-
20.81%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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