$1,099,000
$1,199,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1118 Palm ST San Luis Obispo, CA 93401
4 Beds
2 Baths
2,068 SqFt
Key Details
Sold Price $1,099,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,068 sqft
Price per Sqft $531
Subdivision San Luis Obispo(380)
MLS Listing ID SP20224426
Sold Date 01/29/21
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1898
Lot Size 0.280 Acres
Acres 0.28
Property Description
The stunning 19th century architecture of this historic home, showcasing the epitome of Victorian style on a 12,000 sq ft lot, is impossible to miss! Located in a phenomenal location in the heart of downtown San Luis Obispo, this single-level building has impeccable charm and endless opportunities. Currently being used as an office, this property has tons of potential whether you wish to keep it as office, convert back to an amazing residence, or take advantage of the large lot and build an additional unit or two. With tons of parking, amazing views, and stable tenants, what are you waiting for? Office zoning allows for multiple uses including up to 60 percent lot coverage as both residential office or mixed use. At just over 2,000 sq ft, the building offers 5 good sized offices and multiple conference rooms to be utilized as offices or bedrooms. The large attic is perfect for storage or could make a great second story. With the 8 parking spots in the back, it creates a convenient space for employees or tenants for off- street parking. Don’t miss the opportunity to own this beautiful historic building used as an office, right downtown SLO!
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning O
Rooms
Main Level Bedrooms 4
Ensuite Laundry None
Interior
Interior Features Wet Bar, All Bedrooms Down
Laundry Location None
Heating Forced Air
Cooling None
Flooring Wood
Fireplaces Type Family Room
Fireplace Yes
Laundry None
Exterior
Garage On Site, Paved, One Space
Pool None
Community Features Biking, Foothills, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Parking Type On Site, Paved, One Space
Total Parking Spaces 8
Private Pool No
Building
Lot Description Paved
Story One
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories One
New Construction No
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 002325008
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Derek Senn • Anderson Commercial RE Service