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Pismo St. and Carmel St.

2 Residential Properties Offered at £1,799,635 in San Luis Obispo, CA

Investment Highlights

  • Close to Downtown San Luis Obispo
  • Development Opportunity

Executive Summary

McCarty Davis is pleased to offer an opportunity to purchase a prime investment opportunity with this R-3 zoned multifamily property in the highly desirable downtown area of San Luis Obispo. Positioned on 2 parcels totaling 10,700 SF. this property currently features 4 units and a large 2 car garage in the rear. With space for expansion, redevelopment, or lot line adjustments, there are multiple paths to generate income or long-term growth through development, this property promises a lucrative investment.

Property Facts

Price £1,799,635
Price / SF £292.91 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,144 SF
Total Land Area 0.34 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
389 Pismo St, San Luis Obispo, CA 93401 Residential 5,000 SF 1929 -
1417 Carmel St, San Luis Obispo, CA 93401 Residential 1,144 SF 1950 -
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  • Listing ID: 32310864

  • Date on Market: 01/07/2024

  • Last Updated:

  • Address: Pismo St. and Carmel St., San Luis Obispo, CA

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