1527 Royal Way

San Luis Obispo, CA 93405

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,544 Sqft
  • 10500
    Sqft(Lot)
$2,599,000

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.

  • Property Type

    Residential Income

  • County

    San Luis Obispo

  • Style

    Residential Income

  • AD ID

    47414379

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: High Ceilings,Laminate Counters,All Bedrooms Up,Entrance Foyer
    • Property Appliances: Dryer,Washer
    • Fireplace: Family Room,Gas
    • Flooring: Tile,Vinyl

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Family Room,Gas
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1971
    • Building Area Total: 4,544

    Pool Features

    • None

    Laundry Features

    • Inside,Stacked

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.241
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 10500

  • Listing Price Information

    • Original List Price: 2,599,000
    • Listing Contract Date: 2024-10-22

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 053102008

  • Garage and Parking

    • Garage Description: Assigned,Asphalt,Driveway Level

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SLO - San Luis Obispo
    • Directions: 101 to Los Osos Valley Rd, W to Royal Wy, property is on the left
    • Source Property Type: Residential Income
    • Area: SLO - San Luis Obispo
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 53
    • Common Walls: 2+ Common Walls,No One Below
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: living room
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 18:20

  • MLS: PI24219494
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,544 sqft, 10,500 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Luis Obispo , in zip code 93405, this San Luis Obispo County Home , it is in the San Luis Obispo(380) Subdivision, are nearby neighborhoods.