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1531 Monterey StreetSan Luis Obispo, CA 93401Price: $1,595,000

  • Price: $1,595,000
  • 166 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,595,000List Price
  • 0.15Acreage
A truly unique art deco mixed-use building located in the heart of San Luis Obispo. The upstairs consists of an immaculate,fully furnished 2 bedroom flat with an expansive outdoor patio,while the ground floor consists of an approximately 2,000 SF commercial space with high ceilings. The ground floor has most recently functioned as a café,art gallery,and performance space. All furnishings and fixtures in the upstairs residence will be included. Each item in the apartment was meticulously chosen to comport with the art-deco architecture. Amenities include custom tile and plumbing fixtures,dimmable lights,and refinished hardwood floors. The residence is a licensed vacation rental with continuous bookings,rave reviews,and super-host status. It can continue to function as a vacation rental or be used as a full-time residence. The property is zoned C-T (Tourist Commercial) which allows for an assortment of retail and hospitality uses on the ground floor. There are conceptual plans to remodel the ground floor into three large hotel suites with a lobby and reception area,if so desired by a new owner. Other options include continuing to use the space as a café,art gallery,or retail space.
Listed by Derek Senn of Anderson Commercial RE Service

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 "Based on information submitted to CA_CRMLS as of December 5, 2021 9:53 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details

Property Details of 1531 Monterey Street

Property Details

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