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680 Morro Street , Abcd

San Luis Obispo, CA 93401
  • $1,595,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • ID#: SC22122108
Under Contract
UPDATED: 27 min ago
$1,595,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Mary Moloney of Bhgre Haven Properties (805-592-2050)


Description

Excellent 4Plex Opportunity in Downtown San Luis Obispo! Consider owning to live AND have rental income in a highly desirable area close to restaurants, shops and events! This property consists of four units close to Hwy 101 access points plus it's an easy distance to Hwy 1 junction out to the coast! Built in 1978 and in good condition, the property is approx. 7250sf and consists of (two) 2bd/1.5ba units, plus (two) 1bd/1ba units. Each unit is allotted at least one single-car garage and there is also off-street parking. 7 garages in total. View balconies on some units. Property owner pays water/sewer/trash. (Currently, water is not separately metered.) Laundry is on-site. Units have electric stoves, some with dishwashers. Two units have privacy fenced rear yards. Entertain the possibilities to enjoy the SLO life!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T22:25:19.96. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/129840033
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680 Morro Street , Abcd San Luis Obispo, CA 93401

  • Price: $1,595,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • Updated: 27 min ago
  • ID#: SC22122108
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1978
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Excellent 4Plex Opportunity in Downtown San Luis Obispo! Consider owning to live AND have rental income in a highly desirable area close to restaurants, shops and events! This property consists of four units close to Hwy 101 access points plus it's an easy distance to Hwy 1 junction out to the coast! Built in 1978 and in good condition, the property is approx. 7250sf and consists of (two) 2bd/1.5ba units, plus (two) 1bd/1ba units. Each unit is allotted at least one single-car garage and there is also off-street parking. 7 garages in total. View balconies on some units. Property owner pays water/sewer/trash. (Currently, water is not separately metered.) Laundry is on-site. Units have electric stoves, some with dishwashers. Two units have privacy fenced rear yards. Entertain the possibilities to enjoy the SLO life!
Exterior Features

Architectural Style Contemporary Construction Materials DrywallWood Siding Exterior Features Rain Gutters Fencing Average ConditionChain LinkWood Foundation Details BlockSlab Lot Features Back YardNear Public TransitStreet LevelYard Number Of Separate Electric Meters 4 Parking Features AsphaltDirect AccessDriveway LevelDoor-SingleDrivewayGarageOff StreetPavedGarage Faces SideWorkshop in Garage Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View City LightsHillsMountain(S)Neighborhood View YN Yes

Interior Features

Accessibility Features None Appliances DishwasherElectric CooktopElectric Range Common Walls 1 Common Wall Cooling None Cooling YN No Door Features Panel DoorsSliding Doors Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Wall Furnace Heating YN Yes Interior Features BalconyBlock WallsLaminate CountersOpen FloorplanGalley KitchenMain Level Master Window Features Shutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Common Interest None Community Features Biking Contingency Subject To Court Order Scheduled September 6th 2022 To Correct The File For Kenneth L Palmer & Palmer Family Trust. Current Financing Conventional Disclosures Court Confirmation Electric Electricity - On Property Electric Expense 720 Fuel Expense 0 Garage YN Yes Gross Income 50516 Gross Scheduled Income 62400 Insurance Expense 3048 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 50516 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 12484 Pest Control Expense 540 Pool Expense 0 Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays ElectricityGas Total Actual Rent 5200 Trash Expense 1224 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 5040 Water Source Public Zoning R-4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T22:25:19.96. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Mary Moloney of Bhgre Haven Properties (805-592-2050)