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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 59 out of 162
$425,000 For Sale

550 Higuera Street #25
San Luis Obispo, CA 93401

2 beds, 2 baths | Single Family Home
1,000 sq ft - MLS# SP19191539
Property Photo
1/26

Description

These are 30, duplex-like pre-manufactured homes in the heart of Downtown San Luis Obispo, Ca. There are two models - 1000 sq ft, 1 bedroom below, and studio above. Each with a private entrance. There is also a 1300 sq ft model, with 2 bedrooms below, and 2 bedrooms above. Price per room in San Luis Obispo averages between $800-1000. Studios are generally between $1300-1600. This project is excellent for an investment or even for a get-away location with income potential attached. All units are available to purchase. Parking- There is no over night parking on the property. 10 hour meters are on the street, and plans for a large complex is underway on the next block. Contact the City of San Luis for a timeline. Space rent -on each modular home is $650 per month. This offsets the taxes on the land the home sits upon and the complex upkeep on the sewer system below the park. Property tax- Each modular home is taxed based on replacement value. So rather than having a $5,000 per year tax as seen in a residential sale, each unit is approx $1,200-$1,400 per year. This is a private, gated community downtown with no cars to wake you up every morning. This is perfect for a caregiving situation, a family with a young adult getting ready to go out on their own, or workmates. Prices range from $425,000 - $550,000. The larger unit has a 4th room considered an office...or? It's just a must-see to understand the potential.

Features

  • Property Type: Single Family Home
  • Sub Type: Own Your Own
  • Listing Status: Active
  • Zip Code: 93401
  • Year Built: 2018
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • School District: San Luis Coastal Unified
  • Sq.Ft.: 1,000 sq ft
  • Stories: Two
  • Bedrooms: 2
  • Full Baths: 2
  • Baths: 2
  • View: City Lights,Mountain(s), Yes
  • Area: SLO - San Luis Obispo
  • Association Amenities: Maintenance Grounds, Call for Rules, Management, Controlled Access
  • Association Management Name: Downtown Terrace
  • Association YN: Yes
  • Community Features: Biking, Curbs, Foothills, Sidewalks, Urban
  • Country: US
  • Directions: Higuera and Nipomo by the Creamery
  • HOA Fee: 650.00
  • HOA Frequency: Monthly
  • Laundry Features: Stackable
  • Laundry YN: Yes
  • Listing Agent License: 01410200
  • Listing Office License: 01164175
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Other
  • MLS: CRM
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Major Change Type: New Listing
  • Number Of Units In Community: 30
  • Room Type: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built Source: Builder
Courtesy of Paramount Properties, Ginger Woods



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