$ 1,188,000
-
$1,188,000
Price -
8
Bed -
4
Bath -
1,420
SqFt
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About the Listing SL444 - SL01836955
Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Refrigerator, Tankless Water Heater, Water To Refrigerator, Water Heater
- Air Cond: Central Air,Electric,ENERGY STAR Qualified Equipment,Heat Pump,Zoned
- Heating: Electric,ENERGY STAR Qualified Equipment,Heat Pump,Solar
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),High Ceilings,Open Floorplan,Recessed Lighting,Unfurnished,All Bedrooms Down,Galley Kitchen
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Front Yard,Near Park,Rectangular Lot,Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R1
- Roof: Composition
- Others: Additions/Alterations,Updated/Remodeled,Cedar,Cement Siding,Drywall,Ducts Professionally Air-Sealed,Glass,HardiPlank Type,Lap Siding,Concrete,Radiant Barrier,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 052011049
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
165 Cerro Romauldo Ave San Luis Obispo, CA 93405
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