43
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$1,550,000
Est. payment /mo
4 Beds
4 Baths
2,190 SqFt
Price Dropped by $100K
389 Pismo & 1417 Carmel San Luis Obispo, CA 93401
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Key Details
Property Type Multi-Family
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,190 sqft
Price per Sqft $707
Subdivision San Luis Obispo(380)
MLS Listing ID SC25064738
Bedrooms 4
Full Baths 4
Year Built 1929
Property Sub-Type All Other Attached
Property Description
389 Pismo & 1417 Carmel, this property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. 389 Pismo is a charming 2-bedroom, 1-bath ~890 sq ft house showcasing classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional unitsbuyers should check with the city regarding development options. 1417 Carmel is a Duplex featuring 2 One bedroom, 1 bath units with approximately 1144 sq ft total, built in the 1950's. Unit A is the larger of the two, and features a comfortable living room, a washer/dryer closet enclosure in the kitchen and a separate bedroom and full bathroom. Unit B offers an open floor plan with a washer/dryer closet enclosure in the living room, a separate bedroom and a full bath. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!
Location
State CA
County San Luis Obispo
Zoning R3
Direction Broad St to Pismo, 389 Pismo is 2nd house on the left, 1417 Carmel is 2nd house from corner of Pismo & Carmel
Interior
Flooring Carpet, Linoleum/Vinyl, Wood
Fireplaces Type FP in Living Room
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Mountains/Hills, Neighborhood
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 003611007
Listed by Hal Sweasey Keller Williams Realty Central Coast