1545 Carmel Street
San Luis Obispo, CA 93401
- 6 beds
- 3 baths
- 2,358 sqft
- 8,400 sqft lot
- $690 per sqft
- 1880 build
- – on site
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SELLER PAID BUY DOWN or CREDIT available. Historic Gem with Modern Upgrades in Downtown San Luis Obispo. Nestled adjacent to the vibrant downtown historic district, this charming property offers a perfect blend of vintage elegance and contemporary comfort. Built in the late 1800s, this home has been thoughtfully updated over the years, with an extensive remodel by the current owner bringing it to the pinnacle of modern living. Located within walking distance to SLO's main streets, you'll have easy access to the best restaurants, shopping, and entertainment the Central Coast has to offer. This property features two distinct separately metered units (390 Islay and 1545 Carmel), each offering significant income potential. One unit is occupied by full-time tenants paying top-of-market rent, while the other is a furnished rental. Income has averaged over $10,000 monthly. The R3 zoning and existing (original!) carriage house site provide an exciting opportunity for further income by building an ADU. The spacious interiors are designed to cater to today's lifestyle while preserving the unique character of the property. Modern finishes and materials are juxtaposed against gorgeous wide plank old growth redwood walls, creating an ambiance that is both stylish and warm. Upgraded features include central air and heat, brand new roof, new electrical and plumbing, and freshly redesigned tile and cabinetry in kitchens and baths. Situated on a large corner lot, the oversized property boasts multiple outdoor spaces surrounded by lush hedges that create a private, secret garden feel. Two beautifully designed backyard decks offer the perfect locations to relax and enjoy breathtaking views of the Cerro San Luis Mountains. Don't miss out on this unique chance to own a historic gem with contemporary conveniences and outstanding income potential in the heart of San Luis Obispo. Contact us today to schedule a private viewing and experience the magic of this exceptional property!
Listed By CRMLS_CA / Janelle Eagle-Robles / eXp Realty of California, Inc / 510-410-4186
Last checked:
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Last updated Aug 28, 2024
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MLS# SC24122184 —
The Building
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Year Built:1880
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Year Built Source:Public Records
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New Construction:No
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Architectural Style:Victorian
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Roof:Shingle
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Structure Type:Duplex
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Entry Level:1
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Patio:1
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Patio And Porch Features:Deck
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Foundation:Concrete Perimeter, Raised
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Common Walls:1 Common Wall
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Total Number Of Units:2
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Stories Total:2
Interior
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Features:2 Staircases, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chair Railings, Furnished, High Ceilings, Living Room Deck Attached, Quartz Counters, Two Story Ceilings, Wainscoting, Wood Product Walls
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Levels:Two
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Entry Location:Two Doors
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Kitchen Features:Quartz Counters, Remodeled Kitchen, Self-closing drawers
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Eating Area:Dining Room
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Flooring:Wood
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Room Type:Kitchen, Living Room, See Remarks
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, Washer Included
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Laundry:1
Room Dimensions
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Living Area:2358.00
Financial & Terms
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Disclosures:LA/Owner Related, Principal Is RE Licensed
Location
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Directions:Corner of Islay & Carmel in downtown San Luis Obispo
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Latitude:35.27273700
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Longitude:-120.66525600
The Property
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Property Type:Residential
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Subtype:Duplex
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Property Condition:Repairs Cosmetic, Updated/Remodeled
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Zoning:R3
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Lot Features:2-5 Units/Acre
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Lot Size Area:8400.0000
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Lot Size Acres:0.1928
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Lot Size SqFt:8400.00
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Lot Size Source:Assessor
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View:1
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View:Mountain(s)
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Other Structures:Shed(s)
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:111.05
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Tax Lot:6
Beds
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Total Bedrooms:6
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Main Level Bedrooms:1
Baths
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Total Baths:3
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Bathroom Features:Low Flow Shower, Low Flow Toilet(s), Shower, Quartz Counters, Remodeled, Upgraded, Walk-in shower
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Full & Three Quarter Baths:3
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Main Level Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:003612013
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Showings Begin:2024-06-17
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:6 Burner Stove, Dishwasher, ENERGY STAR Qualified Water Heater, Disposal, Gas & Electric Range, High Efficiency Water Heater, Range Hood, Water Heater
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Included:Yes
Schools
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High School District:San Luis Coastal Unified
The Community
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Senior Community:No
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Features:Curbs, Foothills, Golf, Hiking, Horse Trails, Park, Mountainous, Preserve/Public Land
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Pool:None
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Private Pool:No
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Spa Features:None
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Inclusions:All appliances in both units. Backyard shed.
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Association:No
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Off Street
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Parking Spaces:2.00
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Uncovered Spaces:2.00
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 |
---|---|---|---|---|
8/28/24
Aug 28, 2024
|
Sold | CRMLS_CA | $1,628,000 | -4.2% |
8/2/24
Aug 2, 2024
|
Pending | CRMLS_CA | $1,699,000 | |
6/18/24
Jun 18, 2024
|
Listed / Active | CRMLS_CA | $1,699,000 | 44.6% (23.4% / YR) |