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1022 Leff Street

San Luis Obispo, CA 93401
  • $975,000
  • STATUS: Active
  • ON SITE: 2 Days
  • ID#: SC25127915
New On Site 2 Days Ago
UPDATED: 164 min ago
$975,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Julianna Gimelli of Eighty20 Group (805-457-5781)


Description

Discover the perfect blend of charm, income, and location at 1022 Leff Street " a beautifully upgraded duplex tucked into San Luis Obispos historic Old Town district. Just blocks from downtown, the train station, parks, cafes, and the iconic Thursday night Farmers' Market, this rare offering sits in one of SLOs most walkable and desirable neighborhoods. Each 1-bedroom, 1-bathroom unit features 658 sq ft of sun-filled living space with full kitchens, private entrances, private balconies overlooking Bishop Peak, and ample parking in a private 3-car driveway. Recent upgrades include fresh interior and exterior paint, a new roof (Nov 2024), a full remodel of Unit A, stylish updates to Unit B, and a newly slurry-coated driveway. Zoned R3, the property offers valuable upside potential. Whether you're an investor, first time home buyer, or completing a 1031 exchange, the layout supports multiple income strategies: Airbnb on one side and live on the other, lease both as mid-term rentals, rent to Cal Poly students, or hold as a long-term appreciating asset. With proximity to French Hospital, Cal Poly, Edna Valley Wine Country, and Avila Beach, the location appeals to traveling nurses, visiting faculty, vacationers, and remote professionals alike. A turnkey, income-producing, and rarely available duplex " 1022 Leff is a dynamic opportunity in one of San Luis Obispos most in-demand neighborhoods.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-13T00:31:47.383. 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 Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/164745947
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1022 Leff Street San Luis Obispo, CA 93401

  • Price: $975,000
  • Status: Active
  • On Site: 2 Days
  • Updated: 164 min ago
  • ID#: SC25127915
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1973
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Discover the perfect blend of charm, income, and location at 1022 Leff Street " a beautifully upgraded duplex tucked into San Luis Obispos historic Old Town district. Just blocks from downtown, the train station, parks, cafes, and the iconic Thursday night Farmers' Market, this rare offering sits in one of SLOs most walkable and desirable neighborhoods. Each 1-bedroom, 1-bathroom unit features 658 sq ft of sun-filled living space with full kitchens, private entrances, private balconies overlooking Bishop Peak, and ample parking in a private 3-car driveway. Recent upgrades include fresh interior and exterior paint, a new roof (Nov 2024), a full remodel of Unit A, stylish updates to Unit B, and a newly slurry-coated driveway. Zoned R3, the property offers valuable upside potential. Whether you're an investor, first time home buyer, or completing a 1031 exchange, the layout supports multiple income strategies: Airbnb on one side and live on the other, lease both as mid-term rentals, rent to Cal Poly students, or hold as a long-term appreciating asset. With proximity to French Hospital, Cal Poly, Edna Valley Wine Country, and Avila Beach, the location appeals to traveling nurses, visiting faculty, vacationers, and remote professionals alike. A turnkey, income-producing, and rarely available duplex " 1022 Leff is a dynamic opportunity in one of San Luis Obispos most in-demand neighborhoods.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances Electric Range Common Walls 1 Common Wall Flooring CarpetVinyl Interior Features BalconyAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 960 Common Interest None Community Features BikingFoothillsHikingParkSidewalksUrban Electric Expense 3600 Fuel Expense 0 Garage YN No Gross Income 150922 Gross Scheduled Income 150922 Inclusions Furniture Insurance Expense 1200 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms Cash to New Loan Net Operating Income 142282 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 8640 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1440 Water Sewer Expense 1440 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-13T00:31:47.383. 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 Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Julianna Gimelli of Eighty20 Group (805-457-5781)