130 Orange Drive Active Save Request In-Person Tour Request Virtual Tour
San Luis Obispo,CA 93405
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC24198502
Bedrooms 7
Full Baths 3
Year Built 1947
Lot Size 7,862 Sqft
Property Description
Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ft—ideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the property’s value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Rooms
Other Rooms Guest House Detached,Two On A Lot
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Forced Air
Cooling See Remarks
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
View Y/N Yes
View Hills,Neighborhood
Building
Lot Description Back Yard,Front Yard
Dwelling Type House
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District San Luis Coastal Unified
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard