1144 Walnut Street 14, San Luis Obispo, California 93401

The second largest and only free-standing unit in ‘The Courtyard on Walnut’ development. This 3Bed, 3Bath condo includes 1, 583 square feet of living space with a split-level floor-plan. Invest in this 2005 built condo centrally located between Cal Poly State University and downtown San Luis Obispo. The property features a great room layout with the kitchen open to the living room/dining room and a two-car garage. The kitchen features a center island and tiled counters. Step out on to one of the three decks (east/west facing) with views of Madonna Mountain. There is a small enclosed front yard as well as side yard for BBQ’s or a dog run. Currently leased at $2, 400/month until June 30, 2013. Potential to increase the rental income and tenants would like to stay. 14.5 Pro-Forma Gross Rent Multiplier with low HOA fees. More photos to come soon. **www.1144walnut.info**