1527 Royal Way
San Luis Obispo, CA 93405
- 8 beds
- – baths
- 4,544 sqft
- 10,500 sqft lot
- $535 per sqft
- 1971 build
- – on site
This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 1, 2025
•
MLS# CRPI24219494 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1971
-
Building Area Units:Square Feet
-
Building Area Total:4544
Interior
-
Flooring:Tile
Room Dimensions
-
Living Area:4544
-
Living Area Units:Square Feet
Location
-
Directions:101 to Los Osos Valley Rd, W to Royal Wy, property
The Property
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Exterior Features:Other
-
Parcel Number:053102008
-
Lot Size Area:0.24
-
Lot Size Acres:0.24
-
Lot Size SqFt:10500
-
Lot Size Units:Acres
-
Fencing:Wood
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Bedrooms Total:8
The Listing
-
Listing Terms:Cash
Heating & Cooling
-
Heating:Central
-
Heating:true
-
Cooling:No Air Conditioning
-
Cooling:true
Utilities
-
Utilities:Sewer Connected
Appliances
-
Laundry Features:Dryer
The Community
-
Association:false
Parking
-
Garage:false
-
Attached Garage:false
-
Carport:false
-
Parking Total:8
-
Parking Features:Assigned
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/25
Apr 1, 2025
|
Sold Subject To Contingencies | BRIDGE | $2,434,000 | |
|
3/2/25
Mar 2, 2025
|
Price Changed | BRIDGE | $2,434,000 | -6.3% |
|
11/12/24
Nov 12, 2024
|
Price Changed | BRIDGE | $2,599,000 | -3.7% |
