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Listing 19 out of 1,391
$4,375,000 For Sale

1039 Montalban Street
San Luis Obispo, CA 93405

8 units | Multi Family Home
11252 sq ft lot - MLS# SP19090894
Property Photo


Completely remodeled 8 unit complex near the heart of San Luis Obispo. Seven 2 bedroom, 1 bath units and 1 studio unit. New flooring, new carpet and stainless steel appliances throughout. Bathrooms have new vanities and new toilets. All units have designated parking spaces included. There are 15 total parking spaces, 4 covered, 11 uncovered.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93405
  • Year Built: 1969
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Stories: Two
  • Units: 8 units
  • # of Parking Spaces: 15.00
  • Lot Size: 11252 sq ft lot
  • Zoning: CT
  • Area: SLO - San Luis Obispo
  • Appliances: Dishwasher, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 11250.00
  • Building Area Units: Square Feet
  • Carport Spaces: 4.00
  • Co-Listing Agent License: 02049958
  • Co-Listing Office License: 01840567
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Country: US
  • Directions: Heading west on Santa Rosa St., take a left on Montalban St. and complex is at the end of road on lefthand side.
  • Flooring: Carpet, Vinyl
  • Gross Income: 222780.00
  • Gross Scheduled Income: 222780.00
  • Insurance Expense: 7000.00
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01840567
  • Listing Office License: 01840567
  • Lot Features: 6-10 Units/Acre
  • Lot Size Area: 11250.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 179241.00
  • New Taxes Expense: 45000.00
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number With Carpet: 8
  • Number With Drapes: 8
  • Number With Patio: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Operating Expense: 43589.00
  • Parking Features: Assigned
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 18565.00
  • Total Expenses: 43589.00
  • Uncovered Spaces: 11.00
  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Mission Property Group, Mike Waller

Better Homes and Gardens Real Estate | Haven Properties
San Luis Obispo Office:
441 Marsh Street
San Luis Obispo, CA 93401
Morro Bay Office:
805 Main Street
Morro Bay, CA 93442

CA DRE# 01935192


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