130 Orange Drive, San Luis Obispo, CA 93405

$2,250,000
List Price
$2,250,000
Status
ACTIVE
MLS#
SC24200591
Year Built
1947
Lot Size
7,861
Acres
0.18
Lot Location
Back Yard, Front Yard
Days on Market
17
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
San Luis Obispo(380)

Property Description

Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ft—ideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the property’s value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.

Additional Information

Other Buildings
Guest House Detached, Two On A Lot
Appliances
Tankless Water Heater
Pool Description
None
Heat
Forced Air
Cooling
Yes
Cooling Description
See Remarks
View
Hills, Neighborhood
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
Loft
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$110,400
Operating Expense
12000

Listing courtesy of Listing Agent: Hal Sweasey (hsweasey@gmail.com) from Listing Office: Keller Williams Realty Central Coast.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.