1018 Islay Street San Luis Obispo, CA 93401
UPDATED:
03/03/2025 04:56 AM
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,457 sqft
Price per Sqft $936
MLS Listing ID PI25042402
Style Townhome
Bedrooms 6
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1900
Lot Size 4,750 Sqft
Acres 0.109
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 countertops, blending modern style with everyday functionality. With its charming curb appeal, modern upgrades, and unbeatable location, this turnkey duplex is a rare investment opportunity in one of Californias most sought-after markets. Dont miss your chance to own this exceptional downtown San Luis Obispo property!
Location
State CA
County San Luis Obispo
Area San Luis Obispo (93401)
Zoning R3
Interior
Interior Features Recessed Lighting
Flooring Linoleum/Vinyl
Equipment Dryer, Refrigerator, Washer, Gas Range
Appliance Dryer, Refrigerator, Washer, Gas Range
Laundry Outside
Exterior
Fence Wood
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Mountains/Hills, Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 3
Building
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Updated/Remodeled
Others
Miscellaneous Suburban
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
