132 Hathway, San Luis Obispo, CA 93405

$1,599,900
5
BD
6
BA
2,500
SqFt
List Price
$1,599,900
Status
ACTIVE
MLS#
SP20094384
Year Built
2020
Bedrooms
5
Bathrooms
6
Living Sq. Ft
2,500
Lot Size
6,056
Acres
0.139
Lot Location
11-15 Units/Acre
Days on Market
18
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Builders Tract Code
San Luis Obispo(380)
Neighborhood
San Luis Obispo(380)

Property Description

Brand New Construction! 5 bedroom 6 bath home location just 1 block to Cal Poly State University! Located in the "Opportunity Zone," this home is great 1031 option with rents expected in the $8-10k/mo range. With enough room left to build an ADU, this property has the potential to generate 12-15k/mo with the benefit of low maintenance and low overhead. Designed to offer privacy and space for each individual room, this single level living boasts adjoining bathrooms within each bedroom, drastically reducing the number of typical fights over sharing! New construction this close to Cal Poly is a rare option and provides a location that is tough to beat! Avoid the cheaply built and overpriced resale units that require updating, rehab, and have endless skeletons hiding in those closets. This home has what you need to generate income as well as offers a safe haven against market corrections due to the ever present demand from Cal Poly State University.

Additional Information

Lot Description
Sidewalks, Storm Drains, Street Lights
Pool Description
None
Fireplace Description
None
Cooling
Yes
Cooling Description
Electric
View
Mountain(s), Neighborhood
Sewer
Public Sewer
Water
Public
School District
San Luis Coastal Unified
Attached Structure
Detached
Total Number of Units
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Danny Sullivan from Sullivan & Associates Real Est

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.