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Listing 30 out of 133
$889,000 For Sale

2196 Rachel Street
San Luis Obispo, CA 93401

2 units | Multi Family Home
5227 sq ft - MLS# PI18128908
Property Photo


Fantastic views, a great SLO neighborhood AND an income-producing, permitted studio apartment! All this plus a beautiful, newer 3 bedroom 3 bath house and you’ve got a great R2 property sitting at the edge of Terrace Hill. Supplement your mortgage with the rent from the roomy studio apartment, or use that space to create a comfortable multi-generational home. The open-concept living, dining and kitchen area boast views of the South Hills, Irish Hills, Cerro San Luis and Bishop’s Peak. There is one bedroom and bath on the 1st floor and 2 bedrooms and 2 baths on the 2nd. The master suite and its private deck command the same great views and the bath is replete with two sinks, a Jacuzzi tub and separate shower. Appliances included, interior laundry, private, nicely landscaped rear yard. The attached studio has a private entrance, kitchen area, bathroom, washer/dryer and view deck. The studio is currently rented at $1100/month and has separate utility meters. In addition to the two-car garage there is one off-street parking space. Families, investors, Poly Parents – this one’s for you!


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93401
  • Year Built: 2007
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 3.00
  • Fireplace: Living Room, Yes
  • Lot Size: 5227 sq ft
  • 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: 2216.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Street Lighting
  • Country: US
  • Directions: From Johnson Ave., turn west on Bishop right on Jennifer to Rachel.
  • Foundation Details: Slab
  • Garage Spaces: 2.00
  • Gross Income: 4100.00
  • Gross Scheduled Income: 4100.00
  • Heating: Forced Air
  • Heating YN: Yes
  • Inclusions: Refrigerators in both units
  • Insurance Expense: 100.00
  • Interior Features: Ceiling Fan
  • Laundry Features: Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01782225
  • Listing Office License: 00815882
  • Lot Features: 6-10 Units/Acre, Paved
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • MLS: CRM
  • New Taxes Expense: 842.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Parking Features: Street
  • Property Attached YN: Yes
  • Roof: Shingle
  • Stories Total: 2
  • Total Actual Rent: 4100.00
  • Total Expenses: 1002.00
  • Trash Expense: 60.00
  • Uncovered Spaces: 1.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Taylor Hoving Realty Group, Shelley Aleshire


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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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