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311 Longview Lane

San Luis Obispo, CA 93405
  • $5,000,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: SC25051579
UPDATED: 46 min ago
$5,000,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Matt Gullage of Irish Hills Realty Inc (805-540-6022)


Description

First time ever on the sales market !This income property has been owned by the same family for decades. This large well maintained four plex is ideally located near Cal Poly (two blocks away).Each of the four two story units includes three bedrooms and two baths. Each unit is approximately 1318 square feet (larger than some homes). Upstairs features include a large family room-with large sliding glass doors that emit natural light-and open to an outdoor balcony. Also upstairs is a large kitchen with updated appliances and solid countertops ; an informal dining area; a large primary bedroom -with a large walk in closet and large ensuite bathroom. Downstairs features include two large bedrooms, a laundry room,a large bathroom. Also downstairs is access to outdoor private patio. Each bedroom includes large closets. Also downstairs is access to the exterior private back patio area. There are also large windows on the front of each unit that also allows additional natural light.There are three designated parking spots for each unit in the large common parking area.Each unit pays its own utilities-except for water and trash. Don't miss this opportunity to get this close to Cal Poly with a large and very well maintained income property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T19:31:34.117. 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/161303785
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311 Longview Lane San Luis Obispo, CA 93405

  • Price: $5,000,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 46 min ago
  • ID#: SC25051579
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1972
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
First time ever on the sales market !This income property has been owned by the same family for decades. This large well maintained four plex is ideally located near Cal Poly (two blocks away).Each of the four two story units includes three bedrooms and two baths. Each unit is approximately 1318 square feet (larger than some homes). Upstairs features include a large family room-with large sliding glass doors that emit natural light-and open to an outdoor balcony. Also upstairs is a large kitchen with updated appliances and solid countertops ; an informal dining area; a large primary bedroom -with a large walk in closet and large ensuite bathroom. Downstairs features include two large bedrooms, a laundry room,a large bathroom. Also downstairs is access to outdoor private patio. Each bedroom includes large closets. Also downstairs is access to the exterior private back patio area. There are also large windows on the front of each unit that also allows additional natural light.There are three designated parking spots for each unit in the large common parking area.Each unit pays its own utilities-except for water and trash. Don't miss this opportunity to get this close to Cal Poly with a large and very well maintained income property.
Exterior Features

Architectural Style Traditional Carport Spaces 0 Construction Materials AsphaltBlockDrywallConcreteStucco Direction Faces North Entry Level 1 Entry Location stair landing Exterior Features Rain Gutters Fencing Wood Foundation Details CombinationSlab Lot Features Cul-De-SacRectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 9 Parking Features AssignedAsphaltDriveway LevelElectric GateOn SitePavedOne Space Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Spa Features None Spa YN No View Mountain(s) View YN Yes

Interior Features

Accessibility Features Accessible Doors Appliances DishwasherElectric OvenElectric RangeDisposalVented Exhaust FanWater Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Door Features Panel DoorsSliding Doors Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Forced AirNatural Gas Heating YN Yes Interior Features BalconyGranite CountersGalley KitchenPrimary SuiteUtility RoomWalk-In Closet(s) Window Features BlindsDouble Pane WindowsInsulated WindowsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsFoothillsGutter(s)HikingStreet LightsSuburban Current Financing None Disclosures Seller Will Pay Sec. 1 Termite Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 184019 Insurance Expense 6000 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 10255 Net Operating Income 158094 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 28318 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Security GateSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasTelephone Trash Expense 1856 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 4370 Water Source Public Zoning R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T19:31:34.117. 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): Matt Gullage of Irish Hills Realty Inc (805-540-6022)