550 Higuera Street , #25

    San Luis Obispo, CA 93401
    • $425,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: SP19191539
    UPDATED: 71 min ago
    $425,000
    • 2
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,000
      SQFT
    • $425
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2018
    County:

    School Ratings & Info

    School District:

    Description

    These are 30, duplex-like pre-manufactured homes in the heart of Downtown San Luis Obispo, Ca. There are two models - 1000 sq ft, 1 bedroom below, and studio above. Each with a private entrance. There is also a 1300 sq ft model, with 2 bedrooms below, and 2 bedrooms above. Price per room in San Luis Obispo averages between $800-1000. Studios are generally between $1300-1600. This project is excellent for an investment or even for a get-away location with income potential attached. All units are available to purchase. Parking- There is no over night parking on the property. 10 hour meters are on the street, and plans for a large complex is underway on the next block. Contact the City of San Luis for a timeline. Space rent -on each modular home is $650 per month. This offsets the taxes on the land the home sits upon and the complex upkeep on the sewer system below the park. Property tax- Each modular home is taxed based on replacement value. So rather than having a $5,000 per year tax as seen in a residential sale, each unit is approx $1,200-$1,400 per year. This is a private, gated community downtown with no cars to wake you up every morning. This is perfect for a caregiving situation, a family with a young adult getting ready to go out on their own, or workmates. Prices range from $425,000 - $550,000. The larger unit has a 4th room considered an office...or? It+GGs just a must-see to understand the potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T09:49:26.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/97842510

    550 Higuera Street , #25 San Luis Obispo, CA 93401

    • Price: $425,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: SP19191539
    2
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,000
    SQFT
    $425
    $/SQFT
    2018
    Built
    Neighborhood:
    San Luis Obispo(380)
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    School District:
    San Luis Coastal Unified
    Property Description
    These are 30, duplex-like pre-manufactured homes in the heart of Downtown San Luis Obispo, Ca. There are two models - 1000 sq ft, 1 bedroom below, and studio above. Each with a private entrance. There is also a 1300 sq ft model, with 2 bedrooms below, and 2 bedrooms above. Price per room in San Luis Obispo averages between $800-1000. Studios are generally between $1300-1600. This project is excellent for an investment or even for a get-away location with income potential attached. All units are available to purchase. Parking- There is no over night parking on the property. 10 hour meters are on the street, and plans for a large complex is underway on the next block. Contact the City of San Luis for a timeline. Space rent -on each modular home is $650 per month. This offsets the taxes on the land the home sits upon and the complex upkeep on the sewer system below the park. Property tax- Each modular home is taxed based on replacement value. So rather than having a $5,000 per year tax as seen in a residential sale, each unit is approx $1,200-$1,400 per year. This is a private, gated community downtown with no cars to wake you up every morning. This is perfect for a caregiving situation, a family with a young adult getting ready to go out on their own, or workmates. Prices range from $425,000 - $550,000. The larger unit has a 4th room considered an office...or? It+GGs just a must-see to understand the potential.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Other Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No View City LightsMountain(S) View YN Yes

    Interior Features

    Bathrooms Full 2 Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Laundry Features Stackable Levels Two Main Level Bathrooms 1 Main Level Bedrooms 2 Room Type See Remarks

    Property Features

    Additional Parcels YN No Association Amenities Maintenance GroundsCall For RulesManagementControlled Access Association Fee 650.00 Association Fee Frequency Monthly Association YN Yes Community Features BikingCurbsFoothillsSidewalksUrban Country Us Elevation Units Feet Land Lease YN Yes Laundry YN Yes Lease Considered YN Yes Living Area Units Square Feet New Construction YN No Number Of Units In Community 30 Property Sub Type Own Your Own Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other San Luis Obispo(380) Water Source Public Year Built Source Builder

    Listing provided courtesy of Ginger Woods of Paramount Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T09:49:26.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
     
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