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BHGRE Haven Properties
1143 Walnut Street, San Luis Obispo, CA 93401
- $915,000
- 5
- BD
- 3
- BA
- 1,953
- SqFt
- Sold Price
- $915,000
- List Price
- $1,095,000
- Closing Date
- May 01, 2026
- Status
- CLOSED
- MLS#
- SC25180078
- Year Built
- 1925
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 1,953
- Lot Size
- 7,500
- Acres
- 0.17
- Lot Location
- Sloped Down, Front Yard, Yard
- Days on Market
- 150
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
Investment Opportunity in Prime San Luis Obispo Location – R2 Lot with Expansion Potential! Unlock the possibilities with this centrally located property just minutes from downtown San Luis Obispo and convenient freeway access. Situated on an R2-zoned lot, this unique investment opportunity features a spacious 4-bedroom, 2-bathroom main house built in 1925, plus a detached 1-bedroom, 1-bathroom ADU built in 1938 - ideal for rental income, multi-generational living, or future development. Both units are currently rented, providing immediate cash flow for investors. The property offers flexible living arrangements and strong rental potential, with ample space to reconfigure, upgrade, or expand. Whether you're looking to add units, renovate, or build out, the R2 zoning opens doors for creative growth (buyer to verify all plans and zoning with the city). Enjoy the benefits of a downtown neighborhood near shops, restaurants, parks, and public transit. With income already in place and zoning that supports future development, this property is a smart addition to any portfolio. Explore the upside potential and make your move in one of SLO’s most desirable investment corridors. Don’t miss out—schedule a viewing and explore the potential today!
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Additional Information
- Appliances
- Gas Oven, Gas Range, Refrigerator
- Pool Description
- None
- Heat
- Central
- Cooling Description
- None
- View
- None
- Patio
- Front Porch, Wood
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- San Luis Coastal Unified
- Interior Features
- Ceiling Fan(s), Utility Room
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Jennifer Hamilton (jennifer@farrellsmyth.com) from Listing Office: Farrell Smyth Real Estate.
Listing sold by Courtney Riddle from Compass
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.