$2,050,000
$2,250,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
130 Orange Drive San Luis Obispo, CA 93405
7 Beds
3 Baths
2,622 SqFt
Key Details
Sold Price $2,050,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,622 sqft
Price per Sqft $781
Subdivision San Luis Obispo(380)
MLS Listing ID SC24198502
Sold Date 04/23/25
Bedrooms 7
Full Baths 3
HOA Y/N No
Year Built 1947
Lot Size 7,862 Sqft
Property Sub-Type Single Family Residence
Property Description
Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ft—ideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the property's value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Rooms
Other Rooms Guest House Detached, Two On A Lot
Main Level Bedrooms 7
Interior
Interior Features Loft
Heating Forced Air
Cooling See Remarks
Fireplaces Type None
Fireplace No
Appliance Tankless Water Heater
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
View Y/N Yes
View Hills, Neighborhood
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Guest House Detached, Two On A Lot
New Construction No
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 052092004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Lindsey Harn • Christie's International Real Estate Sereno