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Kirby Gordon

Kirby K. Gordon
Broker/Attorney
CA BRE Lic#00481105
Gordon & Gordon Real Estate Brokerage
Pismo Beach, CA 93449

805-773-2610

805-441-4794 Cell
Contact Me

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Listing 79 out of 162
$965,000 For Sale

1254 &1256 Bond Street
San Luis Obispo, CA 93405

2 units | Multi Family Home
9100 sq ft lot - MLS# SC19177622
Property Photo
1/35

Description

This renovated duplex of 2 -1 bedroom/ 1-bath units, located 3 blocks from the Cal Poly Campus is an amazing investment opportunity! This property is situated in a high-demand rental market and serves as an excellent investment by being located in the Qualified Opportunity Zone. Take advantage of the tax deferred capital gains program only available in a select location. This duplex is in that zone. Ask your CPA for details. Currently each unit houses 3 individuals, 1 in the bedroom and 2 in the living rm, utilizing the recently built large 2-car garage space as a common living area for both units. Artificial turf in the back yard makes for a low maintenance but functional space for students. The fire pit with wrap around seating is another amenity that will have your tenants loving where they live and staying year after year. Improvements have been made to the property such as, interior paint & exterior paint as well as kitchen and bathroom improvements. Located on a large fenced in lot, plans to construct a larger single family home or expand on the current duplex have been drafted. New tenants for the 2019 - 2020 school year will be moving in and at a great rental rate.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93405
  • Year Built: 1941
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Stories: One
  • Units: 2 units
  • # of Parking Spaces: 6.00
  • Lot Size: 9100 sq ft lot
  • Zoning: R1
  • Area: SLO - San Luis Obispo
  • Appliances: Gas Oven, Gas Range
  • Appliances YN: Yes
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 1090.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Curbs
  • Country: US
  • Directions: Duplex is located on the corner of Bond and Orange St.! From California veer right onto Hathaway, Right on Bond. the property is on your left on the corner of Bond and Orange street
  • Fence YN: Yes
  • Fencing: Good Condition, Wood
  • Flooring: Carpet, Wood
  • Foundation Details: Raised
  • Garage Spaces: 2.00
  • Gross Income: 4910.00
  • Gross Scheduled Income: 4910.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Insurance Expense: 100.00
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01875751
  • Listing Office License: 01815339
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 9100.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 4390.00
  • New Taxes Expense: 10900.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 520.00
  • Property Attached YN: Yes
  • Property Condition: Updated/Remodeled
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Roof: Asphalt
  • Room Type: All Bedrooms Down
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Actual Rent: 4910.00
  • Total Expenses: 520.00
  • Trash Expense: 66.00
  • Uncovered Spaces: 4.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Patterson Realty, Traci Ferguson



Kirby Gordon | 805-773-2610 | Contact Me
760 Mattie Road, Suite A1 - Pismo Beach, CA 93449
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