1042 Olive Street

San Luis Obispo, CA 93405

$1,850,000
Price
22,500 / 0.52
Lot Size / Acres

Description

Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this...Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.
  1. Listed by Steven Relth • DRE #00674642 • Brokerage DRE #01879943 • Lee and Associates • 619-517-6429
  2. Listed by Jeff Allen • DRE #01313074 • Brokerage DRE #01879943 • Lee and Associates

Property Details for 1042 Olive Street

View
City Lights
Lot Size Source
Assessor
Assessor Parcel Number
001112006
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Lee and Associates, Steven Relth, DRE #00674642; Lee and Associates, Jeff Allen, DRE #01313074
Add your commute
LISTING UPDATED: 04/15/2024 01:46 AM

Property Details for 1042 Olive Street

StatusActive
MLS #PI23228977
Days on Market68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.52 AC
CountySan Luis Obispo County

Location

Listing Courtesy of Lee and Associates, Steven Relth, DRE #00674642; Lee and Associates, Jeff Allen, DRE #01313074
Add your commute

Building Information for 1042 Olive Street

Lot Size0.52 AC

Payment Calculator

$11,001 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$905

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1042 Olive Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 76
  • Tax Census Tract: 112.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Exterior Features
  • View Description: City Lights
Distance To
  • Distance To Water: 8 miles
Land/Lot Info
  • Lot Features: 26-30 Units/Acre, Lot 20000-39999 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: Electricity Available, Natural Gas Available
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)

Property History for 1042 Olive Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1042 Olive Street

Taxable ValueLand$981,655Additions-Total$981,655
Tax Record2023$10,866 ($905 / month)
Home Facts
Lot Size22,500 SqFtStyleCommercialZoningCTCountySAN LUIS OBISPOAPN001-112-006

Schools near 1042 Olive Street

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Bishop's Peak Elementary School
PublicK to 6

Laguna Middle School
Public7 to 8

San Luis Obispo High School
Public9 to 12

Teach Elementary School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1042 Olive Street is a 0.52 ac of land for sale in San Luis Obispo, CA 93405. This property was listed for sale on December 20, 2023 by Lee and Associates, it's currently listed at $1,850,000. It has been on the market for a total of 68 days and was last sold on November 1, 2016. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Bishop's Peak Elementary School, Laguna Middle School and San Luis Obispo High School. 1042 Olive Street is a 0-bed, 0-bath, 0.52 ac of land on a 22,500 sq. ft. / 0.52 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lee and Associates, Steven Relth, DRE #00674642; Lee and Associates, Jeff Allen, DRE #01313074

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.