1527 Royal Wy, San Luis Obispo, CA 93405 - MLS#PI25097647

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,575,000

Est. payment | -/mo

8 Beds

8 Baths

10,500 Sqft Lot

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$ 2,575,000

Est. payment | -/mo

Save

8 Beds

8 Baths

10,500 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PI25097647

Bedrooms 8

HOA Y/N No

Lot Size 10,500 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 11,000 sq ft, view of the mountains from several bedrooms.
This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 11,000 sq ft, view of the mountains from several bedrooms.

Location

State CA

County San Luis Obispo

Area San Luis Obispo (93405)

Zoning Public Rec

Interior

Heating Electric

Appliance Baseboard, Radiant

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Exchange

Space Rent $3,080

Listing Terms Cash, Exchange

Listed by James Kelsey • Century 21 Masters-Arroyo Grande

+1(619) 302-3010

matt@homecrave.com

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1527 Royal Wy San Luis Obispo, CA 93405