San Luis Obispo, CA 93401,603 Johnson Ave
San Luis Obispo, CA 93401,603 Johnson Ave
San Luis Obispo, CA 93401,603 Johnson Ave
7
$4,900,000
$6,150,000
20.3%
Est.Price: ?

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0.74 Acres Lot

603 Johnson Ave San Luis Obispo, CA 93401

Est. payment /mo
SOLD DATE : 11/30/2021

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Key Details

Sold Price $4,900,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID SC21148857

Sold Date 11/30/21

HOA Y/N No

Year Built 1962

Lot Size 0.738 Acres

Property 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.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Bath, Kitchen

Fireplace Yes

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 01123027

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Matt Mortenson • San Luis Property Management
Bought with Elizabeth Lee • Triad Real Estate Group

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Karen Anderson

Broker Associate | License ID: 01224307

+1(310) 251-2883

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