1042 Olive Street, San Luis Obispo, CA 93405
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Listed Price :
$1,490,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
Shovel ready and entitled mixed use development project in the heart of San Luis Obispo! This half acre lot will be host to 15 residential units and 3 commercial condominiums. The site is centrally located approximately one half mile to Downtown and one mile to the Cal Poly campus. This project could be a great fit for a developer looking to build and sell or an investor looking for long-term hold. In addition to the three commercial units at the ground floor, the plans call for 3 income restricted studio units, 10 open market two bedroom, two bath units and 2 penthouse units featuring two beds, two and a half bathrooms and generous living spaces. The final map is under review and then permits are ready to be pulled - what are you waiting for?
Interior Features
Laundry Information |
Location(s) |
None |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
1042 Olive Street |
City |
San Luis Obispo |
State |
CA |
Zip |
93405 |
County |
San Luis Obispo |
Listing Agent |
Matt Sansone DRE #01956847 |
Courtesy Of |
Compass |
List Price |
$1,490,000 |
Status |
Active |
Type |
Commercial |
Subtype |
Unimproved Land |
Structure Size |
N/A |
Lot Size |
22,500 |
Listing information courtesy of: Matt Sansone, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:02 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.