San Luis Obispo, CA 93401,870 Mill ST #1
$1,075,000
$1,175,000
8.5%
Est.Price: ?

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4,791 Sqft Lot

870 Mill ST #1 San Luis Obispo, CA 93401

Est. payment /mo
SOLD DATE : 02/28/2020

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Key Details

Sold Price $1,075,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID SP19209827

Sold Date 02/28/20

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1996

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions Public Records

Property Description

Location location location! Turn key 4 plex a stone’s throw from Downtown San Luis Obispo! Located only two blocks from the mission and downtown situated

on historic Mill Street just blocks from downtown San Luis Obispo this property consist of two separate buildings with two units in each, two units upstairs and two downstairs. The upstairs units have panoramic views of Madonna Mountain and Bishop’s Peak, the downstairs units have private patios and a bonus storage space. Each unit has a stack-able washer and dryer, full kitchen and their own off street parking space.

Built in 1996 the property has been exceptionally maintained. All four units have identical layouts with the exception of the upstairs having a deck and downstairs having a patio. There is lush landscape surrounding the property which is on an automated sprinkler system and has outdoor lighting illuminating the walkways. The two upstairs units have been completely remolded and updated with new appliances, carpet, paint and cabinets.

Current rents are bellow fair market value. One of the upstairs unit was recently rent and was only on the market for a week with multiple parties interested.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R4

Rooms

Ensuite Laundry Inside, Stacked

Interior

Interior Features Balcony, Track Lighting

Laundry Location Inside,Stacked

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance 6 Burner Stove, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer

Laundry Inside, Stacked

Exterior

Exterior Feature Lighting, Rain Gutters

Garage Assigned, Concrete, Driveway Level, Driveway, Paved

Fence Excellent Condition

Pool None

Community Features Urban, Park

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

View Y/N Yes

View City Lights, Hills, Landmark, Mountain(s), Neighborhood

Parking Type Assigned, Concrete, Driveway Level, Driveway, Paved

Private Pool No

Building

Lot Description 2-5 Units/Acre, Drip Irrigation/Bubblers, Landscaped, Level, Near Park, Near Public Transit, Paved, Sprinkler System, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 002303014

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Aaron Young • Richardson Properties
Bought with Aaron Young • Richardson Properties

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