$1,075,000
$1,175,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
870 Mill ST #1 San Luis Obispo, CA 93401
4,791 Sqft Lot
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID SP19209827
Sold Date 02/28/20
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1996
Lot Size 4,791 Sqft
Lot Dimensions Public Records
Property Description
Location location location! Turn key 4 plex a stone’s throw from Downtown San Luis Obispo! Located only two blocks from the mission and downtown situated
on historic Mill Street just blocks from downtown San Luis Obispo this property consist of two separate buildings with two units in each, two units upstairs and two downstairs. The upstairs units have panoramic views of Madonna Mountain and Bishop’s Peak, the downstairs units have private patios and a bonus storage space. Each unit has a stack-able washer and dryer, full kitchen and their own off street parking space.
Built in 1996 the property has been exceptionally maintained. All four units have identical layouts with the exception of the upstairs having a deck and downstairs having a patio. There is lush landscape surrounding the property which is on an automated sprinkler system and has outdoor lighting illuminating the walkways. The two upstairs units have been completely remolded and updated with new appliances, carpet, paint and cabinets.
Current rents are bellow fair market value. One of the upstairs unit was recently rent and was only on the market for a week with multiple parties interested.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R4
Interior
Interior Features Balcony, Track Lighting
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
Laundry Inside, Stacked
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Assigned, Concrete, Driveway Level, Driveway, Paved
Fence Excellent Condition
Pool None
Community Features Urban, Park
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View City Lights, Hills, Landmark, Mountain(s), Neighborhood
Private Pool No
Building
Lot Description 2-5 Units/Acre, Drip Irrigation/Bubblers, Landscaped, Level, Near Park, Near Public Transit, Paved, Sprinkler System, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 002303014
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Aaron Young • Richardson Properties