photo 1: 1527 Royal Wy, San Luis Obispo CA 93405

Courtesy of Century 21 Masters-Arroyo Grande

ACTIVE

1527 Royal Wy, San Luis Obispo CA 93405

$2,575,000

Price

-

Beds

-

Baths

-

Sq. Ft.

This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 11,000 sq ft, view of the mountains from several bedrooms.

Listing Type

Multifamily

Property Type

Res Income 2-4 Units

Built Year

107557

Levels

--

Price/Sqft

--

Lot Size Acre

0.24

Status

ACTIVE

Days on Realoq

41

Living Area

-- Sq. Ft.

Lot Size Sqft

10,500 Sq. Ft.

Location

Fireplace
  • No
Agent

James Kelsey

Brokerage

Century 21 Masters-Arroyo Grande

Source AOR

San Luis Obispo

Listing ID #

PI25097647

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