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1023 Walnut Street, San Luis Obispo, CA 93401

$950,000
  • 1023 Walnut Street, San Luis Obispo, CA 93401 Main Photo

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Active
BEDS2 BATHS2 full SQUARE FEET1,400 MLS#SC26128081
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSan Luis Obispo(380) SCHOOLSan Luis Coastal Unified

Listing Courtesy of: The Schwaegerle Team
Agency Phone: 805-776-3036
Associate Name: Owen Schwaegerle
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor plan, modern finishes, and a fresh, contemporary feel. The remodeled kitchen opens seamlessly to the living space and features white cabinetry, updated countertops, and a large peninsula perfect for casual dining or entertaining. A beautifully renovated bathroom includes a spacious walk-in tiled shower, while the private deck provides a peaceful spot to enjoy your morning coffee, unwind in the evening, or take in the surrounding hillside views. The second unit offers its own distinct character and comfortable living space, creating excellent potential for rental income, guest accommodations, or multi-generational living. This unit features original hardwood floors, wood paneling, and several windows for lots of natural light. Separate outdoor areas give each residence a sense of privacy and independence. This property is set on a generously sized lot with off-street parking, mature landscaping, and multiple outdoor gathering spaces. Each unit has access to a garage and their own washer and dryer. This structure could be converted into an ADU for even more rental income potential. Check with the city for future development opportunities. The versatile layout allows future owners to maximize income, offset mortgage costs, or simply enjoy the benefits of owning a property with built-in flexibility. This is an investment opportunity with updated living spaces, private outdoor areas, and endless possibilities for both investors and owner-occupants alike.

1023 Walnut Street | MLS# SC26128081

This multi-family property located at 1023 Walnut Street, San Luis Obispo, CA 93401 is currently listed for sale with an asking price of $950,000. Walnut Street is located within the San Luis Coastal Unified school district. Search San Luis Obispo real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Garage: 2
Heating: Wall Furnace
Lot Size: 0.12 Acres
Roof Type: Asbestos Shingle
Stories: 1.0
Year Built: 1948

Amenities

Ceiling Fan(s)
All Bedrooms Down

Feature Descriptions

Accessibility: Parking
Appliances: Gas Range, Microwave, Refrigerator
Community Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
Days on Site: 34
Fencing: Wood
Fireplace: None
Flooring: Vinyl, Wood
Laundry: In Garage
Lot: 0-1 Unit/Acre
Parcel#: 002313005
Parking: Driveway, Driveway Up Slope From Street, Garage, On Street
Parking Notes: Driveway, Driveway Up Slope From Street, Garage, On S
Patio/Porch: Deck
Sewer: Public Sewer
Special View Info: Hills
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: San Luis Coastal Unified

Listed By / Shown By

Listed By

Agency Name: The Schwaegerle Team
Agent Name: Owen Schwaegerle
Agency Phone: 805-776-3036

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 2,391.37 per month $2,114.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $277.08 Homeowner's Insurance

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