1118 Palm Street

San Luis Obispo, CA 93401

$1,099,000
Last Sold Price
4
Beds
1
Bath
1
1/2 Bath
2,068 Sq. Ft.
$531 / Sq. Ft.
2,068
Sq. Ft.
$531
per Sq. Ft.

Description

The stunning 19th century architecture of this historic home, showcasing the epitome of Victorian style on a 12,000 sq ft lot, is impossible to miss! Located in a phenomenal location in the heart of downtown San Luis Obispo, this single-level building has impeccable charm and endless opportunities. Currently being used as an office, this property has tons of potential whether you wish to keep it as office, convert back to an amazing residence, or take advantage of the large lot and build an additional...The stunning 19th century architecture of this historic home, showcasing the epitome of Victorian style on a 12,000 sq ft lot, is impossible to miss! Located in a phenomenal location in the heart of downtown San Luis Obispo, this single-level building has impeccable charm and endless opportunities. Currently being used as an office, this property has tons of potential whether you wish to keep it as office, convert back to an amazing residence, or take advantage of the large lot and build an additional unit or two. With tons of parking, amazing views, and stable tenants, what are you waiting for? Office zoning allows for multiple uses including up to 60 percent lot coverage as both residential office or mixed use. At just over 2,000 sq ft, the building offers 5 good sized offices and multiple conference rooms to be utilized as offices or bedrooms. The large attic is perfect for storage or could make a great second story. With the 8 parking spots in the back, it creates a convenient space for employees or tenants for off- street parking. Don’t miss the opportunity to own this beautiful historic building used as an office, right downtown SLO!
  1. Listed by Lindsey Harn • DRE #01868098 • Brokerage DRE #01465507 • Richardson Properties

Property Details for 1118 Palm Street

Architectural Style
Victorian
View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Richardson Properties, Lindsey Harn, DRE #01868098

Sold By Anderson Commercial RE Service, Derek Senn, DRE #01252131

Add your commute
LISTING UPDATED: 01/29/2021 03:23 AM

Property Details for 1118 Palm Street

StatusClosed
MLS #SP20224426
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1898
Lot Size0.28 AC / 12,000 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Richardson Properties, Lindsey Harn, DRE #01868098

Sold By Anderson Commercial RE Service, Derek Senn, DRE #01252131

Add your commute

Building Information for 1118 Palm Street

Stories1Year Built1898Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

$7,127 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$1,129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1118 Palm Street

Income / Expense / Tax Details
Income Details
  • Financing: Cash to New Loan
Tax / Assessment Info
  • Tax Block: 32
  • Tax Census Tract: 111.01
  • Tax Lot: 4
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Foothills, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: N/K
  • Interior Features: Wet Bar
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Fireplace: FP in Family Room
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Wood
  • Flooring: Wood
  • Virtual Tour URL Branded: http://properties.lalush.com/1118palmst
Exterior Features
  • Structure Type: House
  • Miscellaneous: Foothills
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Paved
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Parking Space
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Non-Garage: On Site, Parking Space
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Paved, On Site, Parking Space
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)
  • Architectural Style: Victorian
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1118 Palm 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 1118 Palm Street

Taxable ValueLand$765,000Additions$459,000Total$1,224,000
Tax Record2023$13,548 ($1,129 / month)
Home Facts
Total Finished SqFt2,068 SqFtAbove Grade Finished SqFt2,068 SqFtLot Size12,000 SqFtStyleOffice BuildingYear Built1898ZoningOCountySAN LUIS OBISPOAPN002-325-008

Schools near 1118 Palm 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
Hawthorne 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Richardson Properties, Lindsey Harn, DRE #01868098

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.