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Kathy Fissori Johnson

peter@fissorirealestate.com +1(805) 540-4866

$ 1,679,000

Est. payment -/mo

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1470 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 SC26144918

Bedrooms 9

Full Baths 4

Half Baths 4

HOA Y/N No

Year Built 1972

Lot Size 9,822 Sqft

Property Sub-Type Quadruplex

Property Description

Rare investment opportunity in the heart of San Luis Obispo! Ideally located near shopping, schools, hiking and biking trails, public transportation, and major commuter routes, 1470 Madonna Road offers an excellent opportunity to acquire a well-positioned multifamily asset with significant upside potential. This fourplex (legally described as two duplexes) consists of approximately 5,023 sq ft of living space and is situated on a 9,823 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 One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 053102029

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Rob Rose Christie's International Real Estate Sereno 805-476-0104, DRE #02035157

Kathy Fissori Johnson

Realtor | License ID: #01403817

+1(805) 540-4866

Kathy Fissori Johnson

1470 Madonna RD San Luis Obispo, CA 93405

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1470 Madonna RD