Sold

Closed

1545 Carmel Street

San Luis Obispo CA, 93401

$1,628,000


$690.42 per sqft

Sold

Closed

6 Beds

3 Baths

2,358 sqft

Multi-family

Built in 1880

Listed by Janelle Eagle-Robles with eXp Realty of California, Inc 510-410-4186

SELLER PAID BUY DOWN or CREDIT available. Historic Gem with Modern Upgrades in Downtown San Luis Obispo. Nestled adjacent to the vibrant downtown historic district, this charming property offers a perfect blend of vintage elegance and contemporary comfort. Built in the late 1800s, this home has been thoughtfully updated over the years, with an extensive remodel by the current owner bringing it to the pinnacle of modern living. Located within walking distance to SLO's main streets, you'll have easy access to the best restaurants, shopping, and entertainment the Central Coast has to offer. This property features two distinct separately metered units (390 Islay and 1545 Carmel), each offering significant income potential. One unit is occupied by full-time tenants paying top-of-market rent, while the other is a furnished rental. Income has averaged over $10,000 monthly. The R3 zoning and existing (original!) carriage house site provide an exciting opportunity for further income by building an ADU. The spacious interiors are designed to cater to today's lifestyle while preserving the unique character of the property. Modern finishes and materials are juxtaposed against gorgeous wide plank old growth redwood walls, creating an ambiance that is both stylish and warm. Upgraded features include central air and heat, brand new roof, new electrical and plumbing, and freshly redesigned tile and cabinetry in kitchens and baths. Situated on a large corner lot, the oversized property boasts multiple outdoor spaces surrounded by lush hedges that create a private, secret garden feel. Two beautifully designed backyard decks offer the perfect locations to relax and enjoy breathtaking views of the Cerro San Luis Mountains. Don't miss out on this unique chance to own a historic gem with contemporary conveniences and outstanding income potential in the heart of San Luis Obispo. Contact us today to schedule a private viewing and experience the magic of this exceptional property!

SC24122184

MLS ID

June 17, 2024

Listed

December 5, 2024

Updated

Map

1545 Carmel Street
San Luis Obispo CA, 93401

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Beamed Ceilings, Built-in Features, Chair Rail, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Furnished, High Ceilings, Living Room Deck Attached, Multiple Staircases, Paneling/Wainscoting, Quartz Counters, Two Story Ceilings, Wood Product Walls


Appliances

6 Burner Stove, Dishwasher, ENERGY STAR Qualified Water Heater, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Range Hood, Water Heater, Dryer, Washer


Floor Description

Wood


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

2-5 Units/Acre


Architectual Style

Victorian


Roof

Shingle


Sewer

Public Sewer

School Information

School District

San Luis Coastal Unified

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

46


Garage

No


Parking

Off Street


Parking Total

2


View

Yes


View Description

Mountain(s)


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None


Zoning

R3

Listing History

Date

Event

Price

8/28/2024

Sold

$1,628,000

8/2/2024

Pending

Listing Contact: 888-584-9427 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 5:23 AM UTC

 

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