$1,799,000
For Sale

389 Pismo & 1417 Carmel

San Luis Obispo, CA 93401
2190 sqft | 4 beds | 3.75 baths | 0.25 acres | #SC25064738
Listing OfficeKeller Williams Realty Central Coast
Browse 43 photos
Type:Purchase
Structure:House
Zone:Residential

Description

389 Pismo & 1417 Carmel, this property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. 389 Pismo is a charming 2-bedroom, 1-bath ~890 sq ft house showcasing classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a ¾ bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional units—buyers should check with the city regarding development options. 1417 Carmel is a Duplex featuring 2 One bedroom, 1 bath units with approximately 1144 sq ft total, built in the 1950's. Unit A is the larger of the two, and features a comfortable living room, a washer/dryer closet enclosure in the kitchen and a separate bedroom and full bathroom. Unit B offers an open floor plan with a washer/dryer closet enclosure in the living room, a separate bedroom and a full bath. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!

  • Property Details
      • School DistrictSan Luis Coastal Unified
      • Property SubtypeSingleFamilyResidence
      • SubdivisionSan Luis Obispo(380)
      • ViewHills, Neighborhood
      • CountySan Luis Obispo
      • Sewer InformationPublicSewer
      • Original List Price$1,799,000
      • MLS #SC25064738
      • MLS #SC25064738
      • Lot DescriptionFrontYard
      • Property TypePurchase
      • Cost1799000
      • Acres0.2456
      • Utility SourcePublic
      • Structure TypeHouse
      • Bathrooms3.75
      • Square Feet2190
      • Year Built1929
      • Bedrooms4
      • Full Baths3
      • 3/4 Baths1
      • Stories1
      • Parking Spaces2

Location

Alex HooksReal Estate Group
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