384 Islay Street

San Luis Obispo, CA 93401

$1,025,000
Last Sold Price
4
Beds
2
Baths
1,758 Sq. Ft.
$583 / Sq. Ft.
1,758
Sq. Ft.
$583
per Sq. Ft.

Description

Great opportunity to live close to downtown San Luis Obispo and have rental income as well! Two separate units, each with 2 bedrooms, 1 bath and shared covered carport and laundry. The front unit features a fully fenced front yard with nice porch area at entrance into the living room with a fireplace, dining area, kitchen and 2 spacious bedrooms and bath. The back unit features built in banquette seating in the dining area, French doors leading out to the back deck from the dining area and one of...Great opportunity to live close to downtown San Luis Obispo and have rental income as well! Two separate units, each with 2 bedrooms, 1 bath and shared covered carport and laundry. The front unit features a fully fenced front yard with nice porch area at entrance into the living room with a fireplace, dining area, kitchen and 2 spacious bedrooms and bath. The back unit features built in banquette seating in the dining area, French doors leading out to the back deck from the dining area and one of the bedrooms. below the deck is a nice yard with raised beds and plenty of room for your gardening ideas. Within walking distance to Emerson Park, the shops and restaurants of Downtown San Luis Obispo, and just minutes to great hiking and biking trails. Live in one, rent out the other or keep as an investment. Both units are currently leased at $2000 per month.
  1. Listed by Hal Sweasey • DRE #01111911 • Brokerage DRE #01971268 • RE/MAX Del Oro

Property Details for 384 Islay Street

View
Mountain(s), Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1758

Location

Listing Courtesy of RE/MAX Del Oro, Hal Sweasey, DRE #01111911

Sold By Bjerre & Garcia Realty Inc., David Bjerre, DRE #00891620; Bjerre & Garcia Realty Inc., Debbie Garcia, DRE #00880939

Add your commute
LISTING UPDATED: 01/18/2022 05:58 AM

Property Details for 384 Islay Street

StatusClosed
MLS #SC21257380
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1940
Lot Size0.15 AC / 6,750 SF
CountySan Luis Obispo County

Location

Listing Courtesy of RE/MAX Del Oro, Hal Sweasey, DRE #01111911

Sold By Bjerre & Garcia Realty Inc., David Bjerre, DRE #00891620; Bjerre & Garcia Realty Inc., Debbie Garcia, DRE #00880939

Add your commute

Building Information for 384 Islay Street

Stories1Residences-Year Built1940Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$6,552 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$958

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 384 Islay Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $48,000
  • Gross Scheduled Income: $48,000
  • Net Operating Income: $36,000
  • Financing: Conventional
Expense Details
  • Operating Expense: $12,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $12,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $12,000
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Living Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Laundry: Yes
  • Laundry Features: Common Area, In Carport
  • Laundry Location: In Carport
  • Fireplace Features: None, Living Room
  • Fireplace Rooms: Living Room, None
  • Fireplace: FP in Living Room, N/K
  • Cooling: None
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
Exterior Features
  • Structure Type: Duplex
  • Miscellaneous: Gutters
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $24,000
  • Unit Type Pro Forma: 28800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $24,000
  • Unit Type Pro Forma: 28800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 384 Islay 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 384 Islay Street

Taxable ValueLand$714,000Additions$331,500Total$1,045,500
Tax Record2023$11,495 ($958 / month)
Home Facts
Total Finished SqFt884 SqFtAbove Grade Finished SqFt884 SqFtStories1Lot Size6,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1966ZoningR2CountySAN LUIS OBISPOAPN003-612-011Fireplace TypeHas Fireplace

Schools near 384 Islay 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.

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Listing Courtesy of RE/MAX Del Oro, Hal Sweasey, DRE #01111911

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.