254 Grand Avenue San Luis Obispo, CA $ 2,150,000
254 Grand Avenue
$ 2,150,000
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254 Grand Avenue

San Luis Obispo, CA, 93405
$ 2,150,000
Bedrooms8 Baths3.0 Sq 1,970

Monthly Estimate*

$ 14,290

Listed by Pismo Coast Realty
254 Grand Avenue, San Luis Obispo, CA 93405 - Image 1
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Single Family Home for sale in San Luis Obispo, CA

for $2,150,000 with 8 bedrooms and 3 full baths. This 1,970 square foot home was built in 1949 on a lot size of 0.1148.

Welcome to 254 Grand Ave in San Luis Obispo! BOTH UNITS CURRENTLY LEASED FOR 2024-2025 SCHOOL YEAR! The main house, freshly remodeled in 2024, boasts four bedrooms, a modern bathroom and attached garage. Additionally, a newly constructed ADU offers four bedrooms and two bathrooms, perfect for accommodating guests or tenants. Situated near the college campus and downtown area, this property presents a fantastic opportunity for student rentals. With its prime location close to the college campus and downtown amenities, 254 Grand Ave is an ideal investment for student housing. The main house's recent renovation ensures a comfortable living space, while the ADU provides additional flexibility for tenants. Don't miss out on the chance to own a property with great potential for rental income in this sought-after area of San Luis Obispo.

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Single Family Active

Price

$ 2,150,000

Bedrooms

8

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.1148

Year Built

1949

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

PI24070595

Days on Market

54

Features
General
Interior Features CeilingFans QuartzCounters RecessedLighting Unfurnished AllBedroomsDown
Sewer PublicSewer
Heating ENERGYSTARQualifiedEquipment ForcedAir
Cooling Electric ENERGYSTARQualifiedEquipment
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition
Appliances GasRange Microwave Refrigerator VentedExhaustFan Dryer Washer
Zoning R1
HOA 0.0
Garage Spaces 1.0
Patio/Porch Features FrontPorch
Architectural Style Bungalow
Pool Features None
Construction Materials Drywall DuctsProfessionallyAirSealed Stucco
Year Built 1949
Electric PhotovoltaicsSellerOwned
View Hills
Stories 1
Levels One
Property SubType SingleFamilyResidence
Community Features Sidewalks
Accessibility Parking
County San Luis Obispo
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Energy Efficient Appliances
Subdivision Name San Luis Obispo(380)
Garage Y/N Y
Green Energy Generation Solar
Special Listing Conditions Standard
Status Active
Directions HWY 101 to Grand Ave close to Cal Poly
City San Luis Obispo
Entry Location Front
View Y/N Y
Senior Community Y/N N
High School District San Luis Coastal Unified
Open Parking Spaces 2.0
NumberOfUnitsTotal 2
MLS Area SLO - San Luis Obispo
Lot Size Units SquareFeet
Lot Size Square Feet 5000.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name Grand
Listing Terms Item1031Exchange
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Property Condition AdditionsAlterations BuildingPermit UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 41
Structure Type House
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
Year Built Source PublicRecords
Tax Lot 21
Property Sub Type Additional SingleFamilyResidence
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 3
Street Suffix Avenue
Laundry Features LaundryCloset Stacked
Total Bedrooms 8
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 8
Main Level Bathrooms 3
Total Baths 3
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Exterior
Fencing ExcellentCondition Wood
Parking Features AttachedCarport Concrete Driveway
Lot Features Item01UnitAcre
Water Source Public
Total Parking 3.0
Lot Size Area 5000.0
Spa N
Lot Size Acres 0.1148
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 254
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* Excluded Features
List By
Pismo Coast Realty

Broker

(559) 658-0183

Phone

Affordability Calculator

$14,290
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,290
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4338629 Elementary School
4338995 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$2,150,000 -2.27% Price Down
4/10/2024$2,200,000 Listed Price

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254 Grand Avenue, San Luis Obispo, CA, 93405 is a Single Family Home for sale at $2,150,000 with 1,970 sqft and a lot size of 0.1148. 254 Grand Avenue has 8 bedrooms, 3.0 baths, and was built in 1949. The property's zip code is 93405 which is in San Luis Obispo, CA