920 Olive Street

    San Luis Obispo, CA 93405
    • $3,850,000
    • STATUS: Active
    • ON SITE: 279 days
    • ID#: NS19030998
    UPDATED: 61 min ago
    $3,850,000
    • 0
      BEDS
    • 1.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,737
      SQFT
    • $441
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Location. Location. Location, sitting on over an acre of prime San Luis Obispo Real Estate, with sweeping views of the surrounding hillsides. Just minutes from beautiful downtown San Luis Obispo, with an array of restaurants, festivals, shopping, farmers markets, wineries and tourist attractions including all the local beaches. This established Motel offers a total of 18 furnished rooms, an abundance of parking, coin laundry, swimming pool, and a manager+GGs unit. Potential abounds, check with the City of San Luis Obispo for expansion options of up to 80 units on this oversized lot

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T09:27:10.49. 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/91770910

    920 Olive Street San Luis Obispo, CA 93405

    • Price: $3,850,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: NS19030998
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.18
    Acres
    8,737
    SQFT
    $441
    $/SQFT
    1961
    Built
    Neighborhood:
    SLO - San Luis Obispo
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    Property Description
    Location. Location. Location, sitting on over an acre of prime San Luis Obispo Real Estate, with sweeping views of the surrounding hillsides. Just minutes from beautiful downtown San Luis Obispo, with an array of restaurants, festivals, shopping, farmers markets, wineries and tourist attractions including all the local beaches. This established Motel offers a total of 18 furnished rooms, an abundance of parking, coin laundry, swimming pool, and a manager+GGs unit. Potential abounds, check with the City of San Luis Obispo for expansion options of up to 80 units on this oversized lot
    Exterior Features

    Construction Materials BrickStuccoWood Siding Fence YN Yes Fencing Average ConditionWireWood Lot Features Corner LotLot Over 40000 SqftLevel Lot Size Source Assessor Lot Size Units Square Feet Roof Composition

    Interior Features

    Building Features Living Quarters Condo Area Units Square Feet Cooling None Cooling YN No Laundry Features Community

    Property Features

    Additional Parcels YN No Asset Class Hotel/Motel Building Area Units Square Feet Building Status Existing Business Type Hotel/Motel Country Us Electric Electricity - On PropertyStandard Laundry Equipment Own Lease Own Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Hotel/Motel Security Features Resident ManagerSecurity LightsSmoke Detector(S) Special Listing Conditions Standard Utilities Cable AvailableElectricity ConnectedNatural Gas AvailablePhone ConnectedSewer Connected Water Source Public

    Listing provided courtesy of Sheri Parrish of Country Real Estate, Inc. and Tim Parrish of Country Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T09:27:10.49. 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.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592