1042 Olive Street San Luis Obispo, CA ^$ 1,850,000

1042 Olive Street

^$ 1,850,000

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1042 Olive Street

San Luis Obispo, CA, 93405

^$ 1,850,000

Studio Baths0.0

Monthly Estimate*

^$ 12,296

Listed by Lee and Associates

1042 Olive Street, San Luis Obispo, CA 93405 - Image 1

1042 Olive Street, San Luis Obispo, CA 93405 - Image 2

Studio

Lots and Land for sale in San Luis Obispo, CA

for $1,850,000. The lot size is 0.5165.

Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.

Lots and Land Active

Price

^$ 1,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.5165

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

PI23228977

Days on Market

179

Features

General

Sewer PublicSewer

Utilities ElectricityAvailable NaturalGasAvailable

Zoning CT

HOA 0.0

View CityLights

Community Features Urban

County San Luis Obispo

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Subdivision Name San Luis Obispo(380)

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Santa Rosa to Olive

City San Luis Obispo

View Y/N Y

Senior Community Y/N N

MLS Area SLO - San Luis Obispo

Lot Size Units SquareFeet

Lot Size Square Feet 22500.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 86

Standard Status Active

Tax Lot 5

Exterior

Lot Features Item2630UnitsAcre

Water Source Public

Lot Size Area 22500.0

Spa N

Lot Size Acres 0.5165

Lot Size Source Assessor

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Internal Only

Street Number 1 1042

* Excluded Features

List By

Lee And Associates

Broker

(805) 962-6700

Phone

Affordability Calculator

$12,296

Per Month

Monthly Principal & Interest: $12,296
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in San Luis Obispo, CA

Average List Price ^$1,967,600

Percent of Sale Price 6%

About San Luis Obispo, CA

47,311 Population

11% Since 2002

^$55,617 Median Income

30.28 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/14/2024	$1,850,000	-7.50%	Price Down
12/21/2023	$2,000,000		Listed Price

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1042 Olive Street, San Luis Obispo, CA, 93405 is a Lots and Land for sale at $1,850,000 with a lot size of 0.5165. 1042 Olive Street is a studio with 0.0 baths. The property's zip code is 93405 which is in San Luis Obispo, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1042 Olive Street

Lots and Land for sale in San Luis Obispo, CA

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