1470 Madonna Road, San Luis Obispo, CA 93405
MULTI_FAMILY - San Luis Obispo, CA
- Added:
- Jun 8, 2026
- Days on Market:
- 30
- Last Refresh:
- Jul 7 at 1:06 am
Property Features for 1470 Madonna Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bathroom 8, Bathroom 1, Laundry Room, Bedroom 3, Bedroom 6, Kitchen, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 8, Bathroom 6, Bedroom 2, Bathroom 4, Bathroom 7, Bathroom 2, Bedroom 5
- Parking
- 1
- Standard status
- Active
- APN
- 053102029
- Size
- 5,023 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 4
Listing agent Rob Rose License #02035157 (805) 476-0104
Listing office Christie's International Real Estate Sereno 364 Pacific St, Los Gatos, CA (805) 476-0104
Listing date Jun 8, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Year built: 1972
- Public water service
- Public sewer service
- 9 bedrooms, including Bedrooms 1 through 9
- 8 bathrooms, including Bathrooms 1 through 8
- Includes a dedicated laundry room
Overview
The asset’s address on Madonna Road places it within the San Luis Obispo market. With the lot and building sizes listed, the property is positioned as a manageable, smaller-footprint multifamily investment compared with larger complexes, which may appeal to buyers seeking a compact portfolio addition.
For investors, this quadplex format can be a practical choice when evaluating multi-unit residential strategies, since it concentrates four units under one ownership structure. For occupants and operators, the configuration supports the ongoing need for housing options with each unit serving as an independent space. Buyers should review unit mix, current income, and condition details directly with the listing broker during due diligence.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.7k | $30.60 |
| − Vacancy | −$3.7k | −$0.73 |
| EGI | $150.0k | $29.87 |
| − OpEx | −$45.0k | −$8.96 |
| NOI | $105.0k | $20.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6923047
- Latitude
- 35.2560793
