$699,000

Estimated payment $3,856/month

Total Views 8,892
3 Beds
2 Baths
1,100 Sq Ft
$635 Price per Sq Ft

Highlights

  • 0.3 Acre Lot
  • View of Hills
  • Laundry Room
  • Laguna Middle School Rated A
  • No HOA
  • Bike Trail

About This Home

Presenting a rare 12,949± SF lot zoned R-2-S (Medium-Density Residential), perfectly positioned for redevelopment or investment. This generous parcel currently features a charming 3-bedroom, 1-bath, 1,260± SF home along with a detached garage that includes an unpermitted guest studio—ideal for immediate rental income while planning your future build. According to city zoning guidelines (SLO Municipal Code Section 17.18.020), the lot allows for up to 4 residential units (or potentially 8 studio units based on density unit calculations in Section 17.70.040). Additional density bonuses may be available to maximize development potential. Property recently appraised for $875,000! This is a unique chance to secure a sizable infill lot with flexible development options in one of San Luis Obispo’s growth corridors. Whether you're an investor, builder, or developer, this property offers substantial upside potential in a strong rental and housing market. Contact us today for more details!

Listing Agent

Owen Schwaegerle

Keller Williams Realty Central Coast Brokerage Phone: 805-215-5063 License #02040597 Listed on: 06/25/2025

Keller Williams Realty Central Coast

Co-Listing Agent

Camille Schwaegerle

Keller Williams Realty Central Coast Brokerage Phone: 805-215-5063 License #02107467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $171

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 004601074

Community Details

Overview

  • No Home Owners Association
  • San Luis Obispo Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$171

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 004601074
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1100.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 635.45
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, 6-10 Units/Acre
  • Lot Size Sq Ft: 12995.00
  • Lot Size Acres: 0.2983

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12995.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 111.03
  • Tax Lot: 23

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $171 $22,873 $9,398 $13,475
2023 $171 $22,425 $9,214 $13,211
2022 $159 $21,986 $9,034 $12,952
2021 $155 $21,556 $8,857 $12,699
2020 $152 $21,336 $8,767 $12,569
2019 $149 $20,919 $8,596 $12,323
2018 $145 $20,510 $8,428 $12,082
2017 $141 $20,109 $8,263 $11,846
2016 $136 $19,715 $8,101 $11,614
2015 $133 $19,420 $7,980 $11,440
2014 $121 $19,040 $7,824 $11,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $699,000 -- $635 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- Cuesta Title Co
Interfamily Deed Transfer -- Cuesta Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25136113

California Regional Multiple Listing Service (CRMLS)

APN: 004-601-074