Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income.
**Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath)
-Fully renovated in 2022 with new plumbing, electrical, and interior finishes
-Updated kitchen with newer appliances; washer, dryer, and refrigerator included
-New roof and replaced sewer lateral. *Private fenced yard and single-car carport
**Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath)
-Newly constructed ADU with private entrance
-Owned solar panels, 9' ceilings, and air conditioning
-Low-maintenance, drought-tolerant landscaping
*Investment Highlights
-Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800)
-Excellent opportunity for steady rental income or future owner occupancy
This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!
For sale
Listing Provided by:
Kristin Lachemann DRE #01836955 805-801-4653,
Comet Realty
$1,188,000
165 Cerro Romauldo Ave, San Luis Obispo, CA 93405
4beds
1,420sqft
Est.:
Single Family Residence
Built in 1935
5,000 Square Feet Lot
$1,161,800 Zestimate®
$837/sqft
$-- HOA
What's special
Private fenced yardNew roofNewer appliancesUpdated kitchenLow-maintenance drought-tolerant landscapingAir conditioning
- 27 days |
- 1,496 |
- 41 |
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