130 Orange Drive Pending

San Luis Obispo,CA 93405

$ 2250000

7 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SC24200591

Bedrooms 7

Lot Size 7,861 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ftideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the propertys value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.
Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ftideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the propertys value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.

Location

State CA

County San Luis Obispo

Area San Luis Obispo (93405)

Zoning Assessor

Interior

Cooling Other/Remarks

Building

Lot Description Curbs,Sidewalks

Story 1

Others

Acceptable Financing Cash

Space Rent $6,100

Listing Terms Cash

View More
Favorite Go Tour