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BHGRE Haven Properties
462 & 458 Islay Street, San Luis Obispo, CA 93401
- $1,500,000
- Sold Price
- $1,500,000
- List Price
- $1,425,000
- Closing Date
- May 29, 2026
- Status
- CLOSED
- MLS#
- SC26090280
- Year Built
- 1900
- Lot Size
- 7,500
- Acres
- 0.17
- Lot Location
- Street Level
- Days on Market
- 6
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level, Two Levels
- Neighborhood
- San Luis Obispo(380)
Property Description
Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units on a spacious 7,500 square foot parcel. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is a character rich 2-bedroom + office (or 3-bedroom), 1.25-bath single family home built circa 1900, offering ±928 square feet of living space. The home offers a fenced front yard, charming porch, hardwood floors, and large bedrooms with 10’ ceilings. Additional highlights include a walk-in pantry, indoor laundry and storage shed. The home is currently leased for $3,010/month. Situated at the rear of the property is two-story duplex built in 1990, totaling approximately ±898 square feet. Each unit is a thoughtfully designed studio with a loft, providing efficient and flexible living space. Both studios have vaulted ceilings, under stair storage, a nicely sized kitchen, private patio/yard space and shared laundry. These studios are currently leased for $1,800/month and $1,850/month. There are (4) on site parking stall, (4) electric meters, (3) gas meters and (2) water meters, with potential for subdivision to separate the single family home and duplex onto their own parcels (verify with City planning). With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.
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Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Disposal, Gas Oven, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Neighborhood
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Loft
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $79,920
- Operating Expense
- 23976
Listing courtesy of Listing Agent: Graham Updegrove (graham@ccreslo.com) from Listing Office: California Coastal Real Estate.
Listing sold by Amy Daane from The Avenue Central Coast Realty, Inc.
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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.