Overview

Property ID: SC25254062

Single Family Residence, Residential
Property Type

4
Bedrooms

2
Bathrooms

1935
Year Built

Description

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!

Address

Open on Google Maps

Address: 165 Cerro Romauldo Avenue
City: San Luis Obispo
State/county: CA
Zip/Postal Code: 93405
Area: San Luis Obispo(380)
Country: US

Details

Updated on January 22, 2026 at 12:19 am

Property ID SC25254062
Price $1,188,000
Land Area 0.1148 Acres
Bedrooms 4
Bathrooms 2
Year Built 1935
Property Type Single Family Residence, Residential
Property Status Closed

Additional details

Listing Terms Cash to New Loan
Roof Composition
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Underground Utilities, Water Connected, Overhead Utilities
Sewer Public Sewer
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Zoned
Heating Electric, ENERGY STAR Qualified Equipment, Heat Pump, Solar
Flooring Vinyl
County San Luis Obispo
Property Type Residential
Pool None
Parking Carport
Community Features Biking, Curbs, Gutter(s), Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park