Homes for sale - 1018 Islay Street, San Luis Obispo, CA 93401

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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$2,300,000

Est. payment - /mo

6 Beds

4 Baths

2,457 SqFt

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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,457 sqft

Price per Sqft $936

Subdivision San Luis Obispo(380)

MLS Listing ID PI25042402

Bedrooms 6

Full Baths 4

Year Built 1900

Property Sub-Type Townhome

Property Description

Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchenoffering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new tankless water heaters, updated plumbing, upgraded electrical systems and panels, new drywall and insulation, fresh interior and exterior paint, and luxury vinyl tile flooring throughout. The kitchens have been beautifully remodeled with open shelving, stainless steel appliances and hoods, and quartz cou

Location

State CA

County San Luis Obispo

Zoning R3

Direction From the 101 - take Santa Rosa St South, turn right on Islay St, property is on the right.

Interior

Interior Features Recessed Lighting

Heating Forced Air Unit

Flooring Linoleum/Vinyl

Fireplace No

Appliance Dryer, Refrigerator, Washer, Gas Range

Laundry Electric, Washer Hookup

Exterior

Fence Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Neighborhood

Roof Type Composition,Shingle

Porch Deck, Patio

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 003544012

Special Listing Condition Standard

Read Less Info

Listed by Jeff Landon Keller Williams Realty Central Coast

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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