San Luis Obispo, CA 93405,1527 Royal Wy
San Luis Obispo, CA 93405,1527 Royal Wy
San Luis Obispo, CA 93405,1527 Royal Wy
San Luis Obispo, CA 93405,1527 Royal Wy
San Luis Obispo, CA 93405,1527 Royal Wy
San Luis Obispo, CA 93405,1527 Royal Wy
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$ 2,575,000
Est. payment | /mo

10,497 Sqft Lot


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$ 2,575,000
Est. payment | /mo
Save

10,497 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID PI25097647

HOA Y/N No

Year Built 1971

Lot Size 10,497 Sqft

Property Sub-Type Quadruplex

Property Description

This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 11,000 sq ft, view of the mountains from several bedrooms.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Interior

Heating Baseboard, Electric, Radiant

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Appliance Dryer, Washer

Laundry Laundry Closet

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 053102008

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Kelsey • Century 21 Masters-Arroyo Grande • 805-709-4828

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.

rwgbjg

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.

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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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