3281 Rockview Pl San Luis Obispo, CA 93401
Leased duplex with approved plans for additional residence.
Lot size:
0.96 AcresProperty Features for 3281 Rockview Pl
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.96 Acres
Building Details
- Year built
- 1944
Source:
Elliman
Listing Agent: Gabe Davis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Income Property with Expansion Potential
This property features two leased units generating approximately $97,200 annually. Approved plans, according to the seller, are in place for a future 4-bedroom, 2-bath residence, potentially adding an estimated $65,000+ in annual income. The property includes a 5-bedroom, 3-bath main residence and a separate 2-bedroom, 1-bath unit. The configuration is suitable for investors or owner-users seeking rental income. The property also features two RV parking spaces on the upper portion of the lot, and utilities have been extended on the property per seller. Located minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas. Both 3281 and 3291 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy. Buyers should verify permit status, square footage, and development potential with the City of San Luis Obispo.
Location Intelligence
Current Use by Public Records
Barnhill's Backhoe
General Contractor
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6509002
- Latitude
- 35.2592737
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Leased duplex with approved plans for additional residence.
Where is this duplex located?
The property is located at 3281 Rockview Pl San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: - Significant income potential: ~$97,200 annual income from two leased units.; - Approved plans (per seller) for a future 4-bedroom, 2-bath residence, potentially adding ~$65,000+ annual income.; - Flexible configuration: 5-bedroom, 3-bath main residence and separate 2-bedroom, 1-bath unit.
