San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
San Luis Obispo, CA 93401,1018 & 1022 Islay ST
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$ 2,300,000
Est. payment | /mo

4,748 Sqft Lot


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$ 2,300,000
Est. payment | /mo
Save

4,748 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID PI25042874

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1900

Lot Size 4,748 Sqft

Property Sub-Type Duplex

Property Description

Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location.
Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements.
Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining.
The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new tankless water heaters, updated plumbing, upgraded electrical systems and panels, new drywall and insulation, fresh interior and exterior paint, and luxury vinyl tile flooring throughout. The kitchens have been beautifully remodeled with open shelving, stainless steel appliances and hoods, and quartz countertops, blending modern style with everyday functionality.
With its charming curb appeal, modern upgrades, and unbeatable location, this turnkey duplex is a rare investment opportunity in one of California's most sought-after markets. Don't miss your chance to own this exceptional downtown San Luis Obispo property!

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R3

Rooms

Other Rooms Shed(s)

Interior

Interior Features Ceiling Fan(s), Recessed Lighting

Flooring Carpet, Vinyl

Fireplace No

Appliance Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater

Laundry Outside

Exterior

Parking Features Driveway

Fence Wood

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Hills, Neighborhood

Roof Type Composition,Shingle

Accessibility Grab Bars

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces Southeast

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Shed(s)

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 003544012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jeff Landon • Keller Williams Realty Central Coast • 8059043444

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

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Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

MORTGAGE CALCULATOR

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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