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1531 Monterey Street

San Luis Obispo, CA 93401
  • $1,595,000
  • STATUS: Active Under Contract
  • ON SITE: 210 Days
  • MLS #: SC21132855
Under Contract
$1,595,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,929
    SQFT
  • $545
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1941
County:

School Ratings & Info

School District:
Listing Agent(s): Derek Senn of Anderson Commercial Re Service (805-543-1400)


Description

A truly unique art deco mixed-use building located in the heart of San Luis Obispo. The upstairs consists of an immaculate, fully furnished 2 bedroom flat with an expansive outdoor patio, while the ground floor consists of an approximately 2,000 SF commercial space with high ceilings. The ground floor has most recently functioned as a caf, art gallery, and performance space. All furnishings and fixtures in the upstairs residence will be included. Each item in the apartment was meticulously chosen to comport with the art-deco architecture. Amenities include custom tile and plumbing fixtures, dimmable lights, and refinished hardwood floors. The residence is a licensed vacation rental with continuous bookings, rave reviews, and super-host status. It can continue to function as a vacation rental or be used as a full-time residence. The property is zoned C-T (Tourist Commercial) which allows for an assortment of retail and hospitality uses on the ground floor. There are conceptual plans to remodel the ground floor into three large hotel suites with a lobby and reception area, if so desired by a new owner. Other options include continuing to use the space as a caf, art gallery, or retail space.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-19T00:25:45.64. 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 deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/118590650
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1531 Monterey Street San Luis Obispo, CA 93401

  • Price: $1,595,000
  • Status: Active Under Contract
  • On Site: 210 Days
  • MLS #: SC21132855
2
Beds
2
Baths
1
½ Baths
0.15
Acres
2,929
SQFT
$545
$/SQFT
1941
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
School District:
San Luis Coastal Unified
Property Description
A truly unique art deco mixed-use building located in the heart of San Luis Obispo. The upstairs consists of an immaculate, fully furnished 2 bedroom flat with an expansive outdoor patio, while the ground floor consists of an approximately 2,000 SF commercial space with high ceilings. The ground floor has most recently functioned as a caf, art gallery, and performance space. All furnishings and fixtures in the upstairs residence will be included. Each item in the apartment was meticulously chosen to comport with the art-deco architecture. Amenities include custom tile and plumbing fixtures, dimmable lights, and refinished hardwood floors. The residence is a licensed vacation rental with continuous bookings, rave reviews, and super-host status. It can continue to function as a vacation rental or be used as a full-time residence. The property is zoned C-T (Tourist Commercial) which allows for an assortment of retail and hospitality uses on the ground floor. There are conceptual plans to remodel the ground floor into three large hotel suites with a lobby and reception area, if so desired by a new owner. Other options include continuing to use the space as a caf, art gallery, or retail space.
Exterior Features

Attached Garage YN 0 Lot Features 2-5 Units/Acre Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No View Hills View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Interior Features Multiple StaircasesAll Bedrooms Up Main Level Bathrooms 1 Main Level Bedrooms 0

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Garage YN Yes Land Lease YN No Laundry Features StackedUpper Level Lease Considered YN No Levels Two Listing Agreement Exclusive Right With Exception Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN No Property Sub Type Mixed Use Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Mixed Use Water Source Public Zoning Ct



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-19T00:25:45.64. 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 deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Derek Senn of Anderson Commercial Re Service (805-543-1400)