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Listing 7 out of 30
Sold for $1,411,500 Sold

527 Branch/526 South Street
San Luis Obispo, CA 93401

6 units | Multi Family Home
12859 sq ft lot - MLS# SP19061495
Property Photo

Sold

Sold for $1,411,500 on Jun 28, 2019

Description

Great investment opportunity. The front house is 527 Branch, a 1 bedroom 1 bath cottage featuring hardwood floors, a large laundry room, updated bath plus a white picket fence in the front and fully fenced back yard. Behind the main house is 526 South St units A - E, 5 units consisting of 2 studio apartments and 3 one bedroom loft units. Each unit has a patio or deck attached, living area, kitchen and full bath and share a nicely updated laundry room plus 9 off street parking spaces. Ideally situated across the street from Meadow Park, Hawthorne Elementary, close to transportation and just minutes to downtown San Luis Obispo.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,439,000
  • Zip Code: 93401
  • Year Built: 1930
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Units: 6 units
  • Lot Size: 12859 sq ft lot
  • Zoning: R2
  • Area: SLO - San Luis Obispo
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3733.00
  • Building Area Units: Square Feet
  • Co-Selling Agent License: 01832387
  • Co-Selling Office License: 01971268
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Gutters, Sidewalks
  • Country: US
  • Directions: Broad St to Branch or South St to Beebee St to Branch
  • Electric Expense: 103.00
  • Fuel Expense: 178.00
  • Gross Income: 77394.00
  • Gross Scheduled Income: 79980.00
  • Insurance Expense: 2436.00
  • Laundry Features: Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01111911
  • Listing Office License: 01971268
  • Lot Features: Front Yard, Level with Street
  • Lot Size Area: 12859.0000
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 63295.00
  • New Taxes Expense: 8829.00
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Operating Expense: 16685.00
  • Parking Features: Concrete, Off Street
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Selling Agent: Hal Sweasey
  • Selling Agent License: 01111911
  • Selling Office: Re/Max Del Oro
  • Selling Office License: 01084549
  • Sewer: Public Sewer
  • Total Expenses: 17924.00
  • Trash Expense: 1281.00
  • Water Sewer Expense: 486.00
  • Water Source: Public
  • Year Built Source: Estimated
  • Sold Date: 2019-06-28
  • Sold Price: 1411500.00
Courtesy of Re/Max Del Oro, Hal Sweasey

 


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agent photo

Monique Carlton - Owner, Agent of
San Luis Obispo Realty - Top San Luis Obispo Real Estate Agency on the Central Coast!
441 Marsh Street
San Luis Obispo, CA 93401
Phone: (805) 471-6921
Email: moniquecarlton@gmail.com
BRE # 00184228

My web sites: www.SellingSanLuis.com and www.CentralCoastListings.com
Company web site: www.San-Luis-Obispo-Realty.com


 

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