Property Detail

Description

Calling Cal Poly Parents and Investors! A turnkey student housing opportunity in an established San Luis Obispo neighborhood, ideally located 3 blocks to Cal Poly and minutes from downtown. Designed to accommodate approx. 5 to 6 students, this mid-century home offers a ready-to-go option for buyers seeking a property with student rental potential. Property previously rented for $5,000/mo. The open-concept living, dining, and kitchen areas create a central gathering space, complemented by durable luxury vinyl plank flooring throughout the main living areas. The updated kitchen pairs vintage character with modern function, featuring stainless steel appliances, a gas range, dishwasher, farmhouse sink, generous cabinetry, and breakfast bar. French doors open to an outdoor deck shaded by mature trees, extending the living space outdoors and creating a natural spot to gather, study, or unwind. The home's flexible layout includes three bedrooms, two bathrooms, additional storage spaces, and convenient attic access. Each bedroom features its own exterior back door entrance and individual keyed lock, separate from the home's communal front and back entrances, providing added privacy and security for multiple roommates. A single-car garage with laundry area and utility sink adds practical functionality. Four brand-new mini-split systems, each with individual controls, provide upgraded heating and A/C throughout the home, including bedrooms and main living areas. New electrical and plumbing were installed as part of the kitchen and bathroom remodels. The home's electrical capacity also accommodates the potential installation of an electric vehicle charger. Set on a cul-de-sac in a sought-after San Luis Obispo location near the university, downtown, shopping, dining, and parks, this property offers an opportunity to combine a convenient location with student housing/rental strategy and the appeal of California indoor-outdoor living.