1470 Madonna RD, San Luis Obispo, CA 93405
1470 Madonna RD, San Luis Obispo, CA 93405
1470 Madonna RD, San Luis Obispo, CA 93405
1470 Madonna RD, San Luis Obispo, CA 93405
1470 Madonna RD, San Luis Obispo, CA 93405
1470 Madonna RD, San Luis Obispo, CA 93405
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Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Rob Rose, DRE #02035157 • Christie's International Real Estate Sereno
$ 1,679,000
Est. payment | /mo

9 Beds

6 Baths

5,023 SqFt

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$ 1,679,000
Est. payment | /mo
Save Virtual Tour

9 Beds

6 Baths

5,023 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,023 sqft

Price per Sqft $334

MLS Listing ID CRSC26144918

Bedrooms 9

Full Baths 4

Half Baths 4

Year Built 1972

Lot Size 9,823 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Rare investment opportunity in the heart of San Luis Obispo! Ideally located near shopping, schools, hiking and biking trails, public transportation, and major commuter routes, 1470 Madonna Road offers an excellent opportunity to acquire a well-positioned multifamily asset with significant upside potential. This fourplex (legally described as two duplexes) consists of approximately 5,023 sq ft of living space and is situated on a 9,823 sq ft lot. The property features a desirable unit mix of one 3-bedroom, 2-bath unit with a private 1-car garage and three 2-bedroom, 2-bath units. All units are two-story floor plans with living areas on the main level and bedrooms upstairs. Additional amenities include eight unassigned parking spaces and a shared community laundry facility. The property has been well maintained and presents an excellent value-add opportunity. Many of the units offer the chance for cosmetic updates, including flooring and interior paint, allowing a new owner to enhance the property while increasing its long-term income potential. Multifamily properties of this size and quality are rarely available in San Luis Obispo, making this an attractive opportunity for investors seeking stable cash flow and future appreciation.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Interior

Cooling None

Fireplaces Type None

Laundry Laundry Area

Exterior

Garage Spaces 1.0

Pool None

View Hills, Local/Neighborhood

Building

Lot Description Grade - Level

Story One Story

Water District - Public

Others

Tax ID 053102029

Special Listing Condition Not Applicable

Virtual Tour https://properties.aspectvisuals.co/mls/252120981

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Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

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1470 Madonna RD