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254 Grand Avenue

San Luis Obispo, CA 93405

8 beds
3 baths
1,970 sqft
5,000 sqft lot
$1,116 per sqft
1949 build
– on site

Welcome to 254 Grand Ave in San Luis Obispo! The main house, freshly remodeled in 2024, boasts four bedrooms, a modern bathroom and attached garage. Additionally, a newly constructed ADU offers four bedrooms and two bathrooms, perfect for accommodating guests or tenants. Situated near the college campus and downtown area, this property presents a fantastic opportunity for student rentals. With its prime location close to the college campus and downtown amenities, 254 Grand Ave is an ideal investment for student housing. The main house's recent renovation ensures a comfortable living space, while the ADU provides additional flexibility for tenants. Don't miss out on the chance to own a property with great potential for rental income in this sought-after area of San Luis Obispo.

Listed By CRMLS_CA / Clayton Gambril / Pismo Coast Realty / 559-760-3544

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# PI24070595 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1949
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Drywall Walls, Ducts Professionally Air-Sealed, Stucco
Architectural Style:

Bungalow
Roof:

Composition
Structure Type:

House
Entry Level:

1
Patio:

1
Patio And Porch Features:

Front Porch
Accessibility Features:

Parking
Common Walls:

No Common Walls
Total Number Of Units:

2
Stories Total:

1

Interior

Features:

Ceiling Fan(s), Quartz Counters, Recessed Lighting, Unfurnished
Levels:

One
Entry Location:

Front
Kitchen Features:

Kitchen Open to Family Room
Flooring:

Vinyl
Room Type:

All Bedrooms Down
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, In Closet, Stackable, Washer Included
Laundry:

1

Room Dimensions

Living Area:

1970.00

Location

Directions:

HWY 101 to Grand Ave, close to Cal Poly
Latitude:

35.29449200
Longitude:

-120.65277500

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Property Condition:

Additions/Alterations, Building Permit, Updated/Remodeled
Zoning:

R1
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5000.0000
Lot Size Acres:

0.1148
Lot Size SqFt:

5000.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

1
View:

Hills
Fencing:

Excellent Condition, Wood
Fence:

Yes
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

109.02
Tax Lot:

21

Beds

Total Bedrooms:

8
Main Level Bedrooms:

8

Baths

Total Baths:

3
Bathroom Features:

Shower in Tub, Main Floor Full Bath, Quartz Counters
Full & Three Quarter Baths:

3
Main Level Baths:

3
Full Baths:

3

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

052116016

Heating & Cooling

Heating:

1
Heating:

ENERGY STAR Qualified Equipment, Forced Air
Cooling:

Yes
Cooling:

Electric, ENERGY STAR Qualified Equipment

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Photovoltaics Seller Owned
Green Energy Generation:

Solar
Green Energy Efficient:

Appliances
Water Source:

Public

Appliances

Appliances:

Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
Included:

Yes

Schools

High School District:

San Luis Coastal Unified

The Community

Subdivision:

San Luis Obispo(380)
Subdivision:

San Luis Obispo(380)
Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Attached Carport, Driveway, Concrete
Parking Spaces:

3.00
Attached Garage:

Yes
Garage Spaces:

1.00
Uncovered Spaces:

2.00
Remotes:

2

Monthly cost estimate

Asking price

$2,200,000

Expense	Monthly cost
Mortgage	$11,780
Taxes	N/A
Insurance	$605
Utilities	$243 See report
Total	$12,628/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

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Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/10/24 Apr 10, 2024	Relisted	CRMLS_CA	$2,200,000	158.8% (77.3% / YR)
4/6/22 Apr 6, 2022	Pending	CRMLS_CA
3/22/22 Mar 22, 2022	Listed / Active	CRMLS_CA

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This house located in Cuesta Park, San Luis Obispo, CA 93405 is currently for sale for $2,200,000. 254 Grand Avenue is a 1,970 square foot house with 8 beds and 3 baths that has been on Estately for 19 days. 254 Grand Avenue is in the Cuesta Park neighborhood of San Luis Obispo and has a WalkScore® of 58, making it somewhat walkable. This house is in the attendance area of San Luis Obispo High School, Bishop's Peak Elementary School, and Laguna Middle School.

Listing Courtesy of: CRMLS_CA and Pismo Coast Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 19:32 on Apr 29.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.