1429 NIPOMO STREET, SAN LUIS OBISPO, CA 93401

  • 3,312 sqft
  • Lot Size: 13,440 sqft
  • Built in 1884
  • MLS #SC21186596
For Sale $1,499,999

Description

Situated in the heart of Downtown SLO & walking distance to everything. This versatile R2 property features an older home in front currently configured as a 1669 sq. ft. triplex consisting of a 2bed unit, 1bed unit and a studio which generates strong income. This structure could be easily converted back to a SFR & turned into a beautiful home similar to those across the street. The back building is approximately 1643 sq. ft. & features 3 highly desirable studio units with lofts. These studio's are much larger and more spacious than a typical studio (approx 540sq.ft./ea). The interiors are somewhat rustic in feel with cedar siding (imagine Big Sur in SLO), large galley kitchen, wood burning fireplace, sizeable pantry, large bathroom and each of the units has their own private back yard space. There is plenty of off-St. parking & on-site laundry for the complex. The property has been well maintained over the years and has very low turnover due to the outstanding downtown location. There is plenty of upside potential with this property, don't miss out on this very special property. Property is a "Contributing Historical Property" located in the "Old Town Historic District".

FACTS / FEATURES

  • Built in 1884
  • Lot Size: 13,440 sqft
  • Style: Craftsman,Traditional
  • View: Mountain(s), Neighborhood
  • Heating: Natural Gas

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Listing Provided by Steve Ferrario, BHGRE Haven Properties
Based on information from California Regional Multiple Listing Service, Inc. as of September 22, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.