A special opportunity near downtown San Luis Obispo, 1929 Chorro Street features three separate residences on a 7,500 sf parcel, offering strong income potential with the flexibility for an owner-occupant or multigenerational living. The main residence is a three-bedroom, two-bath home with approximately 1,095 sf of living space. Built in 1910, the home includes hardwood cabinetry, stainless steel appliances, and tile countertops in the kitchen, porcelain countertops in the bathroom, and tile-and-fiberglass wainscoting in the shower. Flooring is a mix of wood laminate, tile, and vinyl, with an interior laundry area. A welcoming front yard creates a distinct outdoor space for the main residence, which is currently leased for $3,356/month. Two detached one-bedroom units sit apart from the main home. Unit A offers approximately 607 sf with a spacious living area, one bedroom, one bathroom, a small outdoor patio, and exclusive access to a 419 sf detached storage room. Unit B also offers approximately 607 sf, with abundant natural light, a view of Cerro San Luis from the kitchen, tile countertops, and a small bar area with room for stools. Both units are currently leased at $1,500/month, which is under market value, and feature wood-like laminate and tile flooring. The two units share a detached 80 sf laundry room. The property also offers off-street parking for all three residences, plus a garage and additional storage area. There are 2 gas meters, 1 water meter, and 3 electric meters on site. Three independent living spaces. Established rental income. A prime location just steps from downtown's restaurants, shops, and everyday conveniences. This property should not be missed! Information not verified.
Listing courtesy of Listing Agent: Sarah Weber (sarah@weberteam.com) from Listing Office: Compass.
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.
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