165 Cerro Romauldo Avenue, San Luis Obispo, CA 93405
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
Listed by: kristin lachemann
Office: comet realty
MLS#:SC25253370
Source:CRMLS
Price summary
- Price:$1,188,000
- Price per sq. ft.:$836.62
About this home
Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income.
**Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath)
-Fully renovated in 2022 with new plumbing, electrical, and interior finishes
-Updated kitchen with newer appliances; washer, dryer and refrigerator included
-New roof and replaced sewer lateral. *Private fenced yard and single-car carport
**Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath)
-Newly constructed ADU with private entrance
-Owned solar panels, 9' ceilings, and air conditioning
-Low-maintenance, drought-tolerant landscaping
*Investment Highlights
-Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800)
-Excellent opportunity for steady rental income or future owner occupancy
This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!
Contact an agent
Home facts
- Year built:1935
- Listing ID #:SC25253370
- Added:95 day(s) ago
- Updated:January 22, 2026 at 06:26 PM
Rooms and interior
- Living area:1,420 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Heat pump, Zoned
- Heating:Electric, Heat Pump, Solar
Structure and exterior
- Roof:Composition
- Year built:1935
- Building area:1,420 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,188,000
- Price per sq. ft.:$836.62
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