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Sold for $1,922,000 on 08/26/22
  • Listing Provided by: 

    Linda Wilson DRE #01045160 805-543-7727,

    Wilson & Co. Real Estate,

    Bradley Wilson DRE #01983603 805-543-7727,

    Wilson & Co. Real Estate

    $1,922,000

    1703 Santa Barbara Ave, San Luis Obispo, CA 93401

    --beds
    --baths
    4,316sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $2,153,200 Zestimate®
    $445/sqft
    $3,027 Estimated rent

    What's special

    Known as “The Establishment” this building has been woven into the historical fabric of San Luis Obispo. Owned by the same family since 1977, this is a unique opportunity to own an iconic piece of history. Situated at the trivium of Santa Barbara, Leff + Osos Streets, The Establishment has been a life changing experience in communal living for decades. With 19 private rooms, 4 full bathrooms, living room, kitchen and plenty of outdoor space, this building has nurtured students, artists and writers, including the famous beat author Jack Kerouac who once lived here while working as a brakeman for the Southern Pacific Railroad in the early 1950’s. Known by many names the building was constructed around 1886 + was originally located at 894 Monterey Street. Then known as the Call Rooming House + Elmo Rooming House. In 1895 it was moved to the current location and renamed “the Chicago hotel”, purchased in 1904 and eventually renamed the Park View hotel, then during the 40’s + 50’s it was known as the Colonial Hotel and by 1973 the building was referred to as it is now: The Establishment. This house carries an essence of intentional living and the whispers of a bygone era. Located ideally in downtown San Luis Obispo + in need of some repair, this building has been life changing for those lucky enough to have called it home + in exchange for a little TLC, it can change yours. Property is registered on the historical master list with the City of SLO. Property is not in the Mill's Act.

    Zillow last checked: 7 hours ago

    Listing updated: August 27, 2022 at 12:18pm

    Listing Provided by:

    Linda Wilson DRE #01045160 805-543-7727,

    Wilson & Co. Real Estate,

    Bradley Wilson DRE #01983603 805-543-7727,

    Wilson & Co. Real Estate

    Bought with:

    Lindsey Harn, DRE #01868098

    Richardson Sotheby's International Realty

    Source: CRMLS,MLS#: SC22096554MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Natural Gas, Wall Furnace
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,316
    • Total interior livable area: 4,316 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Pool features: None
    • Fencing: Average Condition,Wood
    Lot
    • Size: 6,035 sqft
    • Features: 16-20 Units/Acre, Back Yard, Corner Lot, Walkstreet
    Details
    • Parcel number: 003552006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Available

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: San Luis Obispo
    • Subdivision: San Luis Obispo(380)

    Other

    Other facts
    • Listing terms: Cash
    Services availability
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    $2,153,200
    2% more+ $43,064
    With Zillow Showcase(estimated)
    $2,196,264