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1045 1049 Islay Street

San Luis Obispo, CA 93401

2 beds
3 baths
1,931 sqft
8,000 sqft lot
$724 per sqft
1905 build
– on site

This charming property offers a unique investment opportunity nestled within San Luis Obispo's Historic Downtown District. The lot features three units: a nicely updated main house, and at the back of the property, a duplex with two studio apartments, added in 1987. The 1033 sq ft main house boasts timeless appeal with the living room bathed in natural light from picturesque windows and flowing seamlessly into a dining room featuring a built-in buffet. The updated kitchen blends modern convenience with historic character, showcasing newer flooring, cabinets, appliances, and fixtures, along with the original pass-through counter, shelves, and pantry. The bathroom includes a pedestal sink, a classic cast-iron tub, and decorative wainscoting. A private backyard offers a serene space for gardening and entertaining, and the spacious bungalow front porch is a great place to relax with a book or chat with friends. Each of the two studio units in the duplex provides approximately 449 sq. ft. of comfortable living space indoors, with sliding glass door access to a private creekside deck. These open-concept studios include a kitchen, a full bathroom, and a laundry closet conveniently located on the deck. Residents will enjoy relaxing on the private decks surrounded by lush landscaping. The 8,000 sq. ft. lot offers off street parking, and ample opportunities for expansion or additional enhancements. Its prime location ensures proximity to downtown amenities, adding significant appeal to this property. Whether you're looking to invest, live on-site, or rent out all units, this property combines historical charm with modern updates, making it a standout opportunity.

Listed By CRMLS_CA / Hal Sweasey / Keller Williams Realty Central Coast / 805-781-3750

Last checked: Checking… • Last updated Jan 7, 2025 •

MLS# SC24250056 —

The Building

Year Built:

1905
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

3
Architectural Style:

Bungalow
Foundation:

Raised
Structure Type:

Triplex
Stories Total:

1
Entry Level:

1
Patio And Porch Features:

Deck, Porch, Wood
Patio:

1
Common Walls:

1 Common Wall

Interior

Features:

Built-in Features, Wainscoting
Levels:

One
Entry Location:

1
Eating Area:

Dining Room
Flooring:

Carpet, Vinyl, Wood
Room Type:

Kitchen, Laundry, Living Room
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

In Closet, Individual Room
Laundry:

1

Room Dimensions

Living Area:

1931.00

Location

Directions:

Santa Rosa St to Islay
Latitude:

35.27753000
Longitude:

-120.65626500

The Property

Property Type:

Residential
Subtype:

Triplex
Lot Features:

Back Yard, Front Yard
Lot Size Area:

8000.0000
Lot Size Acres:

0.1837
Lot Size SqFt:

8000.00
Lot Size Source:

Assessor
View:

1
View:

Hills, Neighborhood
Property Attached:

1
Other Structures:

Two On A Lot
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

2
Main Level Bedrooms:

2

Baths

Total Baths:

3
Full & Three Quarter Baths:

3
Main Level Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

Standard
Parcel Number:

003553024

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Range, Microwave
Included:

Yes

Schools

High School District:

San Luis Coastal Unified

The Community

Subdivision:

San Luis Obispo(380)
Subdivision:

San Luis Obispo(380)
Features:

Curbs, Gutters, Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/3/25 Jan 3, 2025	Listed / Active	CRMLS_CA	$1,399,900

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This multifamily located in Downtown SLO, San Luis Obispo, CA 93401 is currently for sale for $1,399,900. 1045 1049 Islay Street is a 1,931 square foot multifamily with 2 beds and 3 baths that has been on Estately for 6 days. 1045 1049 Islay Street is in the Downtown SLO neighborhood of San Luis Obispo and has a WalkScore® of 90, making it a walker’s paradise. This multifamily is in the attendance area of San Luis Obispo High School, Hawthorne Elementary School, and Laguna Middle School.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty Central Coast. Based on information from California Regional Multiple Listing Service, Inc. as of 22:16 on Jan 09.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.