$6,150,000

603 Johnson Ave

San Luis Obispo CA, 93401

Description

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.

Details

MLS#SC21148857
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusPending
Year1962
Days On Site71

Features

Units18
Acreage0.74

Market Activity 93401

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$6,150,000
low | high
Med:
$950,000
100% of Average
On Site:
71
low | high
Med:
8
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
620 California Boulevard Property Photo 1
$0
620 California Boulevard
San Luis Obispo, CA 93401
Listing Updated: September 2, 2021 3:49:02 PM PDT
Matt Mortenson LogoMLS Number: SC21148857
Listing Provided By:
Matt Mortenson  of  San Luis Property Management
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