1480 Madonna Road, San Luis Obispo, CA 93405
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
Listed by: rob rose, colleen clarke
Office: christie's international real estate sereno805-476-0104
MLS#:SC26137802
Source:CRMLS
Price summary
- Price:$1,679,000
- Price per sq. ft.:$334.26
About this home
Rare investment opportunity in the heart of San Luis Obispo! Ideally located near shopping, schools, hiking and biking trails, public transportation, and major commuter routes, 1480 Madonna Road offers an excellent opportunity to acquire a well-positioned multifamily asset with significant upside potential. This fourplex (legally described as two duplexes) consists of approximately 5,023 sq ft of living space and is situated on an 8,400 sq ft lot. The property features a desirable unit mix of one 3-bedroom, 2-bath unit with a private 1-car garage and three 2-bedroom, 2-bath units. All units are two-story floor plans with living areas on the main level and bedrooms upstairs. Additional amenities include eight unassigned parking spaces and a shared community laundry facility. The property has been well maintained and presents an excellent value-add opportunity. Many of the units offer the chance for cosmetic updates, including flooring and interior paint, allowing a new owner to enhance the property while increasing its long-term income potential. Multifamily properties of this size and quality are rarely available in San Luis Obispo, making this an attractive opportunity for investors seeking stable cash flow and future appreciation....
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Home facts
- Year built:1972
- Listing ID #:SC26137802
- Added:1 day(s) ago
- Updated:June 27, 2026 at 10:40 AM
Rooms and interior
- Living area:5,023 sq. ft.
Structure and exterior
- Year built:1972
- Building area:5,023 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Level with Street
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,679,000
- Price per sq. ft.:$334.26
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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