1143 Walnut Street, San Luis Obispo, CA 93401
1143 Walnut Street, San Luis Obispo, CA 93401
1143 Walnut Street, San Luis Obispo, CA 93401
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San Diego Realty Co.

San Diego Realty Co.

+1(619) 828-3110
$1,095,000
Est. payment /mo
5 Beds
3 Baths
1,953 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,953 sqft

Price per Sqft $560

MLS Listing ID SC25180078

Bedrooms 5

Full Baths 3

Year Built 1925

Lot Size 7,500 Sqft

Property Sub-Type Detached

Property Description

Investment Opportunity in Prime San Luis Obispo Location R2 Lot with Expansion Potential! Unlock the possibilities with this centrally located property just minutes from downtown San Luis Obispo and convenient freeway access. Situated on an R2-zoned lot, this unique investment opportunity features a spacious 4-bedroom, 2-bathroom main house built in 1925, plus a detached 1-bedroom, 1-bathroom ADU built in 1938 - ideal for rental income, multi-generational living, or future development. Both units are currently rented, providing immediate cash flow for investors. The property offers flexible living arrangements and strong rental potential, with ample space to reconfigure, upgrade, or expand. Whether you're looking to add units, renovate, or build out, the R2 zoning opens doors for creative growth (buyer to verify all plans and zoning with the city). Enjoy the benefits of a downtown neighborhood near shops, restaurants, parks, and public transit. With income already in place and zoning that supports future development, this property is a smart addition to any portfolio. Explore the upside potential and make your move in one of SLOs most desirable investment corridors. Dont miss outschedule a viewing and explore the potential today!

Location

State CA

County San Luis Obispo

Zoning R2

Direction from Santa Rosa Street, home is on the right

Interior

Heating Forced Air Unit

Flooring Carpet, Linoleum/Vinyl

Fireplace No

Appliance Refrigerator, Gas Oven, Gas Range

Exterior

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Accessibility None

Porch Wood

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 002315006

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Jennifer Hamilton, DRE#01800791 Farrell Smyth Real Estate 

Nearby Locations

San Diego Realty Co.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 828-3110

info@sdrealtyco.com

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1143 Walnut Street