165 Cerro Romauldo Avenue

San Luis Obispo , CA 93405

MLS#: SC25254062

$1,188,000

Status: Active
Listing number: SC25254062
Listing provided by: Comet Realty
Listing agent phone: None
Last update: 2 hours ago
New on site 1 day ago
Browse Properties
San Luis Obispo(380) - Residential

Property

Beds

4

Full Baths

None

1/2 Baths

None

3/4 Baths

2

Year Built

1935

Sq.Footage

1,420

Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer, and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Recessed Lighting

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • 3/4 Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Zoned

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Active Solar, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Solar

  • Main Level Bedrooms

    4

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Cedar, Cement Siding, Ducts Professionally Air-Sealed, Glass, HardiPlank Type, Lap Siding, Concrete, Radiant Barrier

  • Parking

    Carport

  • Patio and Porch Features

    Front Porch, Porch

  • Pool

    Yes

  • Pool Features

    None

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Front Yard, Rectangular Lot

  • Lot Size(acres)

    0.1148

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $1,188,000

  • Sq. Footage

    1, 420

  • Price/SqFt

    $836

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Accessibility Features

    Accessible Doors

  • Foundation Details

    Raised, Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

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San Luis Obispo

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Listing Courtesy of Kristin Lachemann , Comet Realty

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Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer, and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!

165 Cerro Romauldo Avenue

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