130 Orange Drive

San Luis Obispo, CA 93405

$2,250,000

List Price

7

bed Beds

3

shower Baths

2,622 sqft

straighten / sqft

1947

calendar_month Built

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.

Listing Information

List Price $2,250,000
Status Active
MLS SC24198502
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1947
Lot Size 7,861
Structure Size 2,622
DOM 88
Courtesy Of Keller Williams Realty Central Coast
Listing Agent Hal Sweasey DRE#01111911

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 3
Fireplace Information
Features None
Additional Information
Additional Features Loft
Cooling Type
Cooling Type See Remarks

Exterior Information

Other Structures
Structures Guest House Detached,Two On A Lot
View Yes

Maps

Listing information courtesy of: Hal Sweasey, Keller Williams Realty Central Coast 805-781-3750. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 23rd, 2024 at 8:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.