165 Cerro Romauldo AVE new

San Luis Obispo,CA 93405

$ 1188000

4 Beds

2 Baths

1420 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $836

Subdivision San Luis Obispo(380)

MLS Listing ID SC25254062

Bedrooms 4

Three Quarter Bath 2

Year Built 1935

Lot Size 5,000 Sqft

Property Sub-Type Single Family Residence

Property Description

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!

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R1

Rooms

Other Rooms Two On A Lot

Interior

Heating Electric,ENERGY STAR Qualified Equipment,Heat Pump,Solar

Cooling Central Air,Electric,ENERGY STAR Qualified Equipment,Heat Pump,Zoned

Flooring Vinyl

Fireplaces Type None

Inclusions Washer/dryer, Refrigerator

Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,See Remarks,Stacked

Exterior

Parking Features Carport

Fence Excellent Condition,New Condition,Wood

Pool None

Community Features Biking,Curbs,Gutter(s),Hiking,Storm Drain(s),Street Lights,Suburban,Sidewalks,Park

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Not Available,Sewer Connected,Underground Utilities,Water Connected,Overhead Utilities

View Y/N Yes

View Mountain(s)

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre,Front Yard,Near Park,Rectangular Lot,Street Level

Dwelling Type House

Story 1

Foundation Raised,Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District San Luis Coastal Unified

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://re.centralcoast.media/165-167-Cerro-Romauldo-Ave

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