Sold

603 Johnson Ave

San Luis Obispo CA, 93401

$4,900,000


$378.82 per sqft

Sold

12,935 sqft

Condo

Built in 1962

Listed by Matt Mortenson with San Luis Property Management 805-541-1822

Opportunity to acquire a well maintained and managed 18 unit income property located in a desirable location in regards to Downtown SLO and Cal Poly. 1.1 miles to the Grand Ave entrance, 1 mile to the California St entrance, 0.8 miles to the downtown area, and easy access to the bus lines The apartment complex features two studio apartments, 15 2bd/1ba apartments, and one 3bd/1ba apartment. Has two on-site parking lots and an on-site laundry room. The property has received capital improvements such as new paint and upgraded windows. Tenant mix has historically been students with low vacancy rates.

SC21148857

MLS ID

February 10, 2024

Updated

Map

603 Johnson Ave
San Luis Obispo CA, 93401

Interior Features

Laundry Description

Common Area


Fireplace

Yes


Fireplace Description

Bath, Kitchen


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.74 Acres


Lot Features

Cul-De-Sac


Sewer

Public Sewer

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

9


Garage

No


Parking Total

0


View

No


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing Contact: 805-541-1822 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/10/2024 at 7:16 AM UTC

 

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