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Listed by Owen Schwaegerle • Keller Williams Realty Central Coast
$ 699,000
Est. payment /mo
Active
3280 Rockview Place San Luis Obispo, CA 93401
3 Beds
2 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $635
MLS Listing ID SC-25136113
Bedrooms 3
Full Baths 2
Year Built 1940
Lot Size 0.298 Acres
Property Sub-Type Single Family Residence
Property Description
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!
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Cooling None
Fireplaces Type None
Laundry Individual Room
Exterior
Pool None
Community Features Biking
View Y/N Yes
View Hills
Building
Lot Description 0-1 Unit/Acre, 2-5 Units/Acre, 6-10 Units/Acre
Sewer Public Sewer