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1543 Royal Way, San Luis Obispo, CA 93405

Triplex

1543 Royal Way, San Luis Obispo, CA 93405 Sold February 2024 CRMLS
$1,360,000Sold February 2024

Listing Agent: Chantay Andrews (DRE #01363160) · Listing Office: Richardson Sotheby's International Realty · Contact: 805-712-5230 · Bought with: Kristi Donati · The Avenue Central Coast Realty, Inc. · MLS #NS24009577 · Source: CRMLS

8,886 sqft
Lot Size
1970
Year Built
Triplex
Type
2
Stories
3
Garage
Electric
Heating
Neighborhood
View

About this triplex

We 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.

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$1,360,000
Sold February 2024 · listed $1,399,000, on market February 2024 · MLS #NS24009577 · Source: CRMLS
Listing Agent: Chantay Andrews · Listing Office: Richardson Sotheby's International Realty · Contact: 805-712-5230 · Bought with: Kristi Donati · The Avenue Central Coast Realty, Inc.
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