CA > San Luis Obispo > San Luis Obispo(380)
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
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$2,300,000
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6 BD
4 BA
2,457 SqFt
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1018 & 1022 Islay ST San Luis Obispo, CA 93401

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Victoria Santos

Victoria Santos

+1(619) 942-6113

UPDATED:

02/28/2025 02:56 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,457 sqft

Price per Sqft $936

Subdivision San Luis Obispo(380)

MLS Listing ID PI25042402

Bedrooms 6

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1900

Lot Size 4,748 Sqft

Property Sub-Type Duplex

Property Description

Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new tankless water heaters, updated plumbing, upgraded electrical systems and panels, new drywall and insulation, fresh interior and exterior paint, and luxury vinyl tile flooring throughout. The kitchens have been beautifully remodeled with open shelving, stainless steel appliances and hoods, and quartz countertops, blending modern style with everyday functionality. With its charming curb appeal, modern upgrades, and unbeatable location, this turnkey duplex is a rare investment opportunity in one of California's most sought-after markets. Don't miss your chance to own this exceptional downtown San Luis Obispo property!

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R3

Rooms

Other Rooms Shed(s)

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Recessed Lighting

Heating Forced Air

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator, Tankless Water Heater, Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Outside

Exterior

Parking Features Driveway

Fence Wood

Pool None

Community Features Suburban

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

View Y/N Yes

View Hills, Neighborhood

Roof Type Composition,Shingle

Porch Deck, Patio

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Faces Southeast

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Shed(s)

New Construction No

Construction Status Updated/Remodeled

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 003544012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jeff Landon • Keller Williams Realty Central Coast • 8059043444

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agent

Victoria Santos

Realtor® | License ID: 02042004

+1(619) 942-6113

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1018 & 1022 Islay ST

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