Greg Malik Real Estate
1253 Mill Street
San Luis Obispo, CA 93401

$1,149,000

Description

A rare opportunity to own a charming cottage ideally situated in the highly coveted Mill Street Historic District near Downtown San Luis Obispo. This late 1800s one-story house built in the Classical Revival style is one of the first homes ever constructed in Downtown. The entry includes a welcoming porch surrounded by lush landscaping and a view of the M on top of Cerro San Luis mountain. The structure features authentic architectural design that reflects an original commitment to quality that has stood the test of time. This nine-hundred square foot home has high ceilings throughout, a spacious living room, two bedrooms, dining room, kitchen, mud-room with washer & dryer, and a full bathroom. The rear deck opens up to a wide and expansive backyard with plenty of room to build an additional unit. The R-2 zoning offers flexible solutions for additions to the main residence, an accessory dwelling unit, or a second property (Inquire with the City of SLO for details on development opportunities). This property is a licensed homestay vacation rental currently producing approximately five-thousand Dollars per month. Experience the quintessential San Luis Obispo lifestyle along the most prestigious street the city has to offer. We invite you to be a part of the legacy at 1253 Mill Street.

Details

MLS#SP18238777
StyleHouse
Sub-TypeResale
StatusActive
Year1891
Days On Site22

Features

Bed(s)2
Bath(s) 1 Full
SQ Feet900
Story(s)1 Story
Property ViewYes

Market Activity 93401

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Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
School DistrictSan Luis Coastal Unified
Listing VS Median (in San Luis Obispo(380))
Price:
$1,149,000
low | high
Med:
$810,000
79.503916449086% of Average
SqFt:
900
low | high
Med:
1,293
6.333333333333% of Average
$ / SqFt:
$1,277
low | high
Med:
$626
100% of Average
On Site:
22
low | high
Med:
87
25.287356321839% of Average
Listing Updated: 10/22/2018
MLS Number: SP18238777
Listing Provided By:
Farid Shahid  of  Richardson Properties
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