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 studioideal for immediate rental income while planning your future build. According to… Read More 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 Obispos 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! Read Less
Listed by Keller Williams Realty Central Coast805-548-8686, Owen Schwaegerle
Listing Snapshot
Days Online
15
Last Updated
Property Type
Detached
Beds
3
Full Baths
2
Square Ft.
1,100
Lot Size
0.3 Acres
Year Built
1940
MLS Number
SC25136113
30 Days Snapshot Of 93401
$978k
-20%
(avg) sold price
14
-50%
homes sold
57
+39%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,100 estimated square feet, Source: Estimated, Built in 1940, 1 story, 1 story
Water Features
Public
Laundry
Laundry Room
Lot
Approximately 12,995 square feet, Approximately 0 acres
Property
Mountains/Hills
Sewer
Public Sewer
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Based on information from the San Diego MLS /Association of REALTORS®
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Source: San Diego MLS
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