1042 Olive Street San Luis Obispo CA 93405 MLS #SC24148702

1042 Olive Street
San Luis Obispo, CA, 93405
$1,650,000
Beds
0 Baths
SqFt
0 Acres
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?

Property Details

Price:
$1,650,000
MLS #:
SC24148702
Status:
Active
Baths:
0
Address:
1042 Olive Street
Type:
Commercial
Subtype:
Unimproved Land
Neighborhood:
699notdefined
City:
San Luis Obispo
Listed Date:
Jul 18, 2024
State:
CA
ZIP:
93405
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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