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Listed by Jeff Landon • Keller Williams Realty Central Coast
$ 2,300,000
Est. payment /mo
Active
1018 Islay Street San Luis Obispo, CA 93401
2,457 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,457 sqft
Price per Sqft $936
MLS Listing ID CRPI25042874
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1900
Lot Size 4,750 Sqft
Property Sub-Type Duplex
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 kitchen—offering 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 ta
Location
State CA
County San Luis Obispo
Interior
Flooring Vinyl, Carpet
Fireplace No
Appliance Tankless Water Heater
Laundry Other
Exterior
View Hills, Other
Building
Water Public
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