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1130 Olive StSan Luis Obispo, California CA93405

Listing IDSP20210325

2,701 SqFt 0.172 Acres

$1,459,000

One of the newest investment opportunities with an excellent rate of return! For sale near Cal Poly and consisting of two very well maintained, updated and permitted single family homes totaling 2700sf of living space. Very strong rental history with a waitlist for residency, as this is the home of the local Cal Poly surf team. The front home consists of 3-bedrooms/2 bathrooms with a recent exterior paintjob, fully rented for over $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, and is fully rented for just over $4,600. Both homes share the middle courtyard and backyard. Both homes are separately metered, with tenants paying ALL utilities. Quick access to HWY 101, Cal Poly and downtown San Luis Obispo.
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