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1527 Royal Way

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Address: 1527 Royal Way, San Luis Obispo, CA 93405, USA

California & West + 2-4 Units

Created date: January 29, 2025

Date last updated: March 20, 2025

Property Description

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 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 options to renew leases. Large lot 10,500 sq ft, view of the mountains from several bedrooms. If you would like more information on this fantastic property, please call Jim Kelsey, with Century 21 Hometown Realty, at 805-709-4828.

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Broker Details

James Kelsey

Century 21 Hometown Realty REA (805) 773-2100 MLS ID: PI01354722 State License Number: 01354722

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$2,434,000
No. of Units:	4
Year Built:	1971
Lot Size:	4,544.00 Sq ft
Opportunity Zone:	No
Price per unit:	$608,500
Property Website	Click Here
Number of Bedrooms:	8
Number of Bathrooms:	8

Address: 1527 Royal Way, San Luis Obispo, CA 93405, USA

Provided by:

Standard Status: Active

MLS Listing Number: PI24219494
ID: 3yd-MRMLSCA-PI24219494

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