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
July 8, 2021
Listed
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.
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Data last updated on 2/10/2024 at 7:16 AM UTC