1480 Madonna RD San Luis Obispo, CA 93405
9 Beds
8 Baths
5,023 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,023 sqft
Price per Sqft $334
Subdivision San Luis Obispo(380)
MLS Listing ID SC26136638
Bedrooms 9
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1972
Lot Size 8,398 Sqft
Property Sub-Type Quadruplex
Property Description
This fourplex (legally described as two duplexes) consists of approximately 5,023 sq ft of living space and is situated on an 8,400 sq ft lot. The property features a desirable unit mix of one 3-bedroom, 2-bath unit with a private 1-car garage and three 2-bedroom, 2-bath units. All units are two-story floor plans with living areas on the main level and bedrooms upstairs. Additional amenities include eight unassigned parking spaces and a shared community laundry facility.
The property has been well maintained and presents an excellent value-add opportunity. Many of the units offer the chance for cosmetic updates, including flooring and interior paint, allowing a new owner to enhance the property while increasing its long-term income potential. Multifamily properties of this size and quality are rarely available in San Luis Obispo, making this an attractive opportunity for investors seeking stable cash flow and future appreciation.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Interior Features All Bedrooms Up
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Hills, Mountain(s), Neighborhood
Total Parking Spaces 1
Private Pool No
Building
Lot Description Level
Dwelling Type Quadruplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 053102028
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://properties.aspectvisuals.co/mls/252120981
