1527 Royal Way San Luis Obispo, CA 93405
Listing Courtesy of: CRMLS / Century 21 Hometown Realty / James "Jim" Kelsey - Contact:  805-709-4828

  1527 Royal Way San Luis Obispo, CA 93405

Active (29 Days)
$2,599,000

Description

This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units.

All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower.

The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight.

2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out.

Lot has electric plug for the RV and is possible to connect to the existing sewer line.

The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close.

As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases.

Large lot 11,000 sq ft, view of the mountains from several bedrooms.

MLS #:
PI24219494
Lot Size
10,500 SQFT
Type
Multifamily
Year Built
1971
County
San Luis Obispo County
Community
San Luis Obispo(380)

Listed By

James "Jim" Kelsey, DRE #01354722 CA, Century 21 Hometown Realty, Contact: 805-709-4828
Source
CRMLS
Last checked Dec 22 2024 at 1:48 AM GMT+0000
Bathroom Details
Interior Features
  • Washer
  • Dryer
  • Laundry: Inside
  • Laundry: Stacked
  • Laminate Counters
  • High Ceilings
  • Entrance Foyer
  • All Bedrooms Up
Subdivision
  • San Luis Obispo(380)
Property Features
  • Fireplace: Gas
  • Fireplace: Family Room
Heating and Cooling
  • Central
Flooring
  • Vinyl
  • Tile
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Parking
  • Driveway Level
  • Assigned
  • Asphalt
Stories
  • 2
Additional Information: Hometown Realty | 805-709-4828
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 12, 2024
Price Changed
$2,599,000
-4%
-100,000
Oct 22, 2024
Original Price
$2,699,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by C21 Real Estate Alliance and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.