1142 Montalban St San Luis Obispo, CA 93405
Prime location, development opportunity. High rental income.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 1142 Montalban St
General Information
- Property type
- Individual retail properties
- Square Feet
- 1,208 SF
Building Details
- Year Built
- 1910
- Units
- 1
HighLights
- 8,195 SF lot (0.19 acres).
- Mixed‑use zoning (Residential over Commercial).
- Existing 1,208 SF, 2 bed/1 bath home, built in 1910, with detached garage; currently leased at $4,390/month until 1/31/2025.
- Property requires extensive renovation or demolition.
- Pre‑approved plans for a 5‑unit development (2 commercial units totaling 1,131 SF, 2 residential units at 1,880 SF each, and an 855 SF ADU), totaling 5,746 SF.
- Preliminary architectural review complete; Title 24 compliance submission slated for September 2024.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.66404186061
- Latitude
- 35.288890494349