1970 Chorro Street

San Luis Obispo, CA 93401

$1,530,000
Last Sold Price
5
Beds
4
Baths
2,989 Sq. Ft.
$512 / Sq. Ft.
2,989
Sq. Ft.
$512
per Sq. Ft.

Description

Enjoy this fabulous downtown residential income property featuring a 3 bedroom and 2 bath Victorian home plus two detached units. The 1970 Chorro St. house was completely renovated and added on to in 1987 with original period detailing including an updated foundation, electrical, plumbing and more. With approximately 1614sf, this home features large windows, high ceilings, redwood door casings, beautifully tiled bathrooms, an updated kitchen and multiple doors that lead to outdoor living spaces....Enjoy this fabulous downtown residential income property featuring a 3 bedroom and 2 bath Victorian home plus two detached units. The 1970 Chorro St. house was completely renovated and added on to in 1987 with original period detailing including an updated foundation, electrical, plumbing and more. With approximately 1614sf, this home features large windows, high ceilings, redwood door casings, beautifully tiled bathrooms, an updated kitchen and multiple doors that lead to outdoor living spaces. The kitchen, with its adjacent eating area, bonus room and laundry room adds to the functionality of this home. The two units at 762 High St. were built in 1999. They are bright with large casement windows, tastefully tiled kitchens and bathrooms, and slider doors that lead to individual outdoor living spaces. The units share a conveniently located laundry area and are separately metered with gas and electric. Parking includes a two car garage plus drive space for 3 additional cars. This thoughtfully developed property with its mature landscaping allows for multiple people to live close together while preserving a sense of space and privacy. Centrally located, this property should not be missed! Information not verified.

Listing Agents

  1. Sarah Weber

    Sarah Weber

    Listing Agent

    Compass

    DRE #01077788

  2. Summer Weber

    Summer Weber

    Alternative Listing Agent

    Compass

    DRE #02099729

Property Details for 1970 Chorro Street

Architectural Style
Victorian
View
City Lights
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Compass, Sarah Weber, DRE #01077788; Compass, Summer Weber, DRE #02099729

Sold By Richardson Properties, Brian Tuohy, DRE #01949746

Add your commute
LISTING UPDATED: 07/30/2021 10:15 AM

Property Details for 1970 Chorro Street

StatusClosed
MLS #SP21016798
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.19 AC / 8,468 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Compass, Sarah Weber, DRE #01077788; Compass, Summer Weber, DRE #02099729

Sold By Richardson Properties, Brian Tuohy, DRE #01949746

Add your commute

Virtual Tour

Building Information for 1970 Chorro Street

Stories1Residences-Year Built1987Building Size-Lot Size0.19 AC / 8,468 SF

Payment Calculator

$9,789 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,350

Property Taxes

$1,439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1970 Chorro Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $65,776
  • Gross Scheduled Income: $73,200
  • Net Operating Income: $65,723
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $7,477
  • New Taxes Expense: $13,612
  • Gardener Expense: $1,850
  • Insurance Expense: $1,684
  • Trash Expense: $800
  • Water Sewer Expense: $1,485
  • Total Expenses: $19,431
Tax / Assessment Info
  • Tax Block: 186
  • Tax Census Tract: 111.02
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Range, Refrigerator, Water Heater
  • Equipment: Dishwasher, In Closet, Refrigerator
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Smoke Detector(s)
  • Roof: Composition
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Other Structures: Guest House Detached
  • Property Condition: Turnkey
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Door Opener, Driveway, Garage, Garage - 1 Car, Parking for Guests, Side By Side
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Garage - Single Door, Garage Door Opener, Guest, Side by Side
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1970 Chorro 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 1970 Chorro Street

Taxable ValueLand$867,000Additions$693,600Total$1,560,600
Tax Record2023$17,274 ($1,439 / month)
Home Facts
Total Finished SqFt1,191 SqFtAbove Grade Finished SqFt1,191 SqFtStories2Lot Size8,468 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningR2CountySAN LUIS OBISPOAPN003-647-011

Schools near 1970 Chorro 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 Compass, Sarah Weber, DRE #01077788; Compass, Summer Weber, DRE #02099729

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.