1018 Islay Street
San Luis Obispo, CA 93401
- 6 beds
- 4 baths
- 2,457 sqft
- 4,750 sqft lot
- $936 per sqft
- 1900 build
- – on site
Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new ta
Last checked:
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Last updated Mar 2, 2025
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MLS# CRPI25042402 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1900
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Building Area Units:Square Feet
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Stories:2
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Levels:Two Story
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Building Area Total:2457
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Building Area Source:Assessor Agent-Fill
Interior
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Interior Features:Office
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Kitchen Features:Gas Range/Cooktop, Refrigerator, Updated Kitchen
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Flooring:Vinyl
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:2457
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Living Area Units:Square Feet
Location
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Directions:From the 101 - take Santa Rosa St South, turn righ
The Property
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Property Type:Residential
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Property Subtype:Duet
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Parcel Number:003544012
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Zoning:R3
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Lot Size Area:0.109
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Lot Size Acres:0.109
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Lot Size SqFt:4750
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Lot Size Units:Acres
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View:Hills
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View:true
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Fencing:Wood
Listing Agent
- Contact info:
- Agent phone:
- 8(059) 043-4440
Taxes
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Tax Tract:111.01
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Full Baths:4
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Bath Includes:Shower Over Tub
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range
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Laundry Features:Dryer
Schools
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High School District:San Luis Coastal Unified
The Community
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Association:false
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# of Units In Community:2
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Pool Private:false
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Pool Features:None
Parking
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Garage:false
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Parking Total:3
Monthly cost estimate
Asking price
$2,300,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,315
|
| Taxes | N/A |
| Insurance | $632 |
| Utilities | $219 See report |
| Total | $13,166/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Listed / Active | BRIDGE | $2,300,000 | 109.1% (46.6% / YR) |
|
10/26/22
Oct 26, 2022
|
CRMLS_CA | $1,100,000 | -4.3% | |
|
10/1/22
Oct 1, 2022
|
CRMLS_CA | $1,150,000 |
