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Todd Kaufman

todd@kaufmanproperties.com +1(805) 206-4313

Listed by James Kelsey • Century 21 Masters-Arroyo Grande

$ 2,434,000

Est. payment -/mo

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Active Under Contract

1527 Royal Way San Luis Obispo, CA 93405

4,544 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,544 sqft

Price per Sqft $535

MLS Listing ID PI-24219494

Year Built 1971

Lot Size 10,500 Sqft

Property Sub-Type Quadruplex

Property 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.

Location

State CA

County San Luis Obispo

Interior

Interior Features Formica Counters, High Ceilings

Heating Central

Cooling None

Flooring Tile, Vinyl

Fireplaces Type Family Room, Gas

Laundry Dryer Included, Inside, Stackable, Washer Included

Exterior

Parking Features Driveway Level, Asphalt, Assigned

Pool None

Community Features Biking, Curbs, Dog Park, Foothills, Golf, Gutters, Hiking, Park, Sidewalks, Street Lights

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

Building

Lot Description 11-15 Units/Acre

Sewer Public Sewer

Todd Kaufman

Agent | License ID: 01893578

+1(805) 206-4313

Todd Kaufman

1527 Royal Way San Luis Obispo, CA 93405

Key Details

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Interior

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Building

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1527 Royal Way