Property Details
About this Property
Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new t
MLS Listing Information
MLS #
CRPI25042874
MLS Source
California Regional MLS
Days on Site
31
Interior Features
Appliances
Microwave, Other, Refrigerator
Exterior Features
Roof
Composition, Shingle
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 2,375 | – | 0/0 | – |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Peep - De'Groot - Prepare School | public | KG,1,2,3,4,5,6,7,8,9,10,11,12,AE | 0.48 mi | N/A |
| San Luis Coastal Usd Adult | public | UG | 0.48 mi | N/A |
| Hawthorne Elementary School | public | K-6 | 0.49 mi | |
| San Luis Obispo High School | public | 9-12 | 0.56 mi | |
| Sinsheimer Elementary School | public | K-6 | 0.93 mi | |
| Teach Elementary School | public | 4-6 | 1.24 mi | |
| Pacheco Elementary School | public | K-6 | 1.64 mi | |
| Bishop's Peak Elementary School | public | K-6 | 2.10 mi | |
| Smith (C. L.) Elementary School | public | K-6 | 2.13 mi | |
| Pacific Beach High School | public | 10-12 | 2.38 mi | |
| Laguna Middle School | public | 7-8 | 2.44 mi | |
| Los Ranchos Elementary School | public | K-6 | 4.51 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1018 & 1022 Islay St is a Duplex in San Luis Obispo, CA 93401. This – square foot property sits on a 4,750 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,300,000 and was built in 1900. This address can also be written as 1018 & 1022 Islay St, San Luis Obispo, CA 93401.
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This listing information is up-to-date as of March 02, 2025. For the most current information, please contact Jeff Landon, (805) 904-3444
