2050 Hope Street San Luis Obispo, CA $ 1,045,000
2050 Hope Street
$ 1,045,000
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2050 Hope Street

San Luis Obispo, CA, 93405
$ 1,045,000
Bedrooms-- Baths2.0 Sq 992

Monthly Estimate*

$ 7,218

Listed by Lindsey Harn, Christie's International Real Estate Sereno, soldbylindseyharn@gmail.com
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Multi-Family Home for sale in San Luis Obispo, CA

for $1,045,000 with 2 full baths. This 992 square foot home was built in 1941 on a lot size of 0.0844.

Calling Cal Poly Parents and Investors! A turnkey student housing opportunity in an established San Luis Obispo neighborhood, ideally located minutes to Cal Poly and downtown. Designed to accommodate approx. 5 to 6 students, this mid-century home offers a ready-to-go option for buyers seeking a property with student rental potential. Property previously rented for $5,000/mo. The open-concept living, dining, and kitchen areas create a central gathering space, complemented by durable luxury vinyl plank flooring throughout the main living areas. The updated kitchen pairs vintage character with modern function, featuring stainless steel appliances, a gas range, dishwasher, farmhouse sink, generous cabinetry, and breakfast bar. French doors open to an outdoor deck shaded by mature trees, extending the living space outdoors and creating a natural spot to gather, study, or unwind. The home's flexible layout includes three bedrooms, two bathrooms, additional storage spaces, and convenient attic access. A single-car garage with laundry area and utility sink adds practical functionality. Set on a cul-de-sac in a sought-after San Luis Obispo location near the university, downtown, shopping, dining, and parks, this property offers an opportunity to combine a convenient location with student housing/rental strategy and the appeal of California indoor-outdoor living.

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Multi-Family Active

Price

$ 1,045,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0844

Year Built

1941

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

SC26223259

Days on Market

1

Features
General
Sewer Public Sewer
Heating Floor Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Dishwasher Gas Range Microwave Refrigerator
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1941
Tenant Pays All Utilities
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Gross Income 60000
Community Features Biking Hiking
County San Luis Obispo
Net Operating Income 60000
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Subdivision Name San Luis Obispo(380)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Take Grand Ave to Hope St
City San Luis Obispo
Entry Location Front
Senior Community Y/N false
Number Of Units Total 1
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 3675
Number of Units Leased 1
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://properties.aspectvisuals.co/mls/259831236 https://properties.aspectvisuals.co/2050hopest
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Total Actual Rent 5000
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Built-in Features Open Floorplan Storage
Flooring Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Wood
Parking Features Driveway Garage
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 1
Lot Size Area 3675
Number of Buildings 1
Spa false
Building Area Total 992
Lot Size Acres 0.0844
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Lindsey Harn

Listing Agent

Christie's International Real Estate Sereno

Broker

soldbylindseyharn@gmail.com

Email

Affordability Calculator

$7,218
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,218
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$1,045,000 Listed Price

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2050 Hope Street, San Luis Obispo, CA, 93405 is a Multi-Family Home for sale at $1,045,000 with 992 sqft and a lot size of 0.0844. 2050 Hope Street has 2.0 baths and was built in 1941. The property's zip code is 93405 which is in San Luis Obispo, CA