1039 Montalban Street , #8

    San Luis Obispo, CA 93405
    • $3,995,000
    • STATUS: Active
    • ON SITE: 187 days
    • ID#: SP19090894
    UPDATED: 84 min ago
    $3,995,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,250
      SQFT
    • $355
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Completely remodeled 8 unit complex near the heart of San Luis Obispo. Seven 2 bedroom, 1 bath units and 1 studio unit. New flooring, new carpet and stainless steel appliances throughout. Bathrooms have new vanities and new toilets. All units have designated parking spaces included. There are 15 total parking spaces, 4 covered, 11 uncovered.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T22:30:39.26. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/94588731

    1039 Montalban Street , #8 San Luis Obispo, CA 93405

    • Price: $3,995,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: SP19090894
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    11,250
    SQFT
    $355
    $/SQFT
    1969
    Built
    Neighborhood:
    San Luis Obispo(380)
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    Property Description
    Completely remodeled 8 unit complex near the heart of San Luis Obispo. Seven 2 bedroom, 1 bath units and 1 studio unit. New flooring, new carpet and stainless steel appliances throughout. Bathrooms have new vanities and new toilets. All units have designated parking spaces included. There are 15 total parking spaces, 4 covered, 11 uncovered.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 15.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DishwasherRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring CarpetVinyl Laundry Features Dryer IncludedElectric Dryer HookupIn ClosetWasher HookupWasher Included Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features SidewalksStorm DrainsStreet Lights Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 222780.00 Gross Scheduled Income 222780.00 Insurance Expense 7000.00 Land Lease YN No Laundry YN Yes Net Operating Income 179241.00 New Construction YN No New Taxes Expense 40000.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Of Units Leased 8 Number Wall AC 0 Number With Carpet 8 Number With Dishwasher 0 Number With Disposal 0 Number With Drapes 8 Number With Patio 8 Number With Range 8 Number With Refrigerator 8 Operating Expense 43589.00 Professional Management Expense 11139.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other San Luis Obispo(380) Tenant Pays All Utilities Total Actual Rent 18565.00 Total Expenses 43589.00 Trash Expense 0.00 Utilities Cable ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3.80 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Ct

    Listing provided courtesy of Mike Waller of Pacific Capital Management and Nicole Evenson of Pacific Capital Management


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T22:30:39.26. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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