1018 Islay Street, San Luis Obispo, CA 93401
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates



1018 Islay Street,San Luis Obispo, CA 93401
$2,300,000
- 3 Beds
- - Baths
- 2,457 sq. ft.
- Multi-family
- Active
Listed by:jeff landon
Office:keller williams realty central coast
MLS#:CRPI25042874
Source:CA_BRIDGEMLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$936.1
About this home
Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new ta
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Home facts
- Year built:1900
- Listing Id #:CRPI25042874
- Added:168 day(s) ago
- Updated:August 15, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:3
- Living area:2,457 sq. ft.
Structure and exterior
- Year built:1900
- Building area:2,457 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$936.1
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