1140 Iris Street,  San Luis Obispo CA, 93401 (Residential Income)

3,820 sqft
Status: Sold
MLS#: SP1057257
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Last Updated: 12/10/2016 2:23 AM
Description for 1140 Iris Street San Luis Obispo, CA 93401
Marketing Remarks: A rare opportunity to own part of San Luis Obispo history with this historic farmhouse and cottages on an acre with great development potential! Located in the popular railroad district, this amazing property is just minutes from downtown. The main residence offers a spacious living room with original wood floors and an 11'ceiling. The light-filled kitchen provides views of mature gardens and trees, offering a tranquil, private, country ambiance. There are three additional units: an attached 2-bedroom, a charming 1-bedroom cottage, and 2- bedroom cottage, originally the carriage house, all in a lovely park-like setting bordering a seasonal creek. There are 4 gas and 4 electric meters. Research indicates the R-2 zoning allows up to six additional homes or the ability to adjust the interior lot lines to create separate lots. With excellent rental income, this beautiful property has been owned by a single family for 40 years. Enjoy the great Central Coast lifestyle!
Price
Sold Price:
$1,600,000
Sold Date:10/09/2015
San Luis Obispo
3,820 (approx)
SP1057257
Closed
Description
Marketing Remarks: A rare opportunity to own part of San Luis Obispo history with this historic farmhouse and cottages on an acre with great development potential! Located in the popular railroad district, this amazing property is just minutes from downtown. The main residence offers a spacious living room with original wood floors and an 11'ceiling. The light-filled kitchen provides views of mature gardens and trees, offering a tranquil, private, country ambiance. There are three additional units: an attached 2-bedroom, a charming 1-bedroom cottage, and 2- bedroom cottage, originally the carriage house, all in a lovely park-like setting bordering a seasonal creek. There are 4 gas and 4 electric meters. Research indicates the R-2 zoning allows up to six additional homes or the ability to adjust the interior lot lines to create separate lots. With excellent rental income, this beautiful property has been owned by a single family for 40 years. Enjoy the great Central Coast lifestyle!
Listing Information
Property Type: Cluster, 2 Story
1.04 Acres 45,146 sq.ft. 3,820 (approx)
$418.85 1900
2
Raised Foundation
4 Total
Neighborhood
Room Information
Interior Features
None
Gas Heat, Wall Unit, Forced Air
Exterior / Lot Features
Shake
R2
Financial Considerations
003571014
Listing Price History

San Luis Obispo Real Estate

San Luis Obispo is located in California. San Luis Obispo, California 93401 has a population of 45,328.

The median household income in San Luis Obispo, California 93401 is $46,651. The median household income for the surrounding county is $59,628 compared to the national median of $53,046. The median age of people living in San Luis Obispo 93401 is 25.3 years.

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Courtesy: Richardson Prop. Christie's In Charlie Richardson
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