1703 Santa Barbara AvenueSan Luis Obispo, CA 93401Price: $2,200,000

  • Price: $2,200,000
  • 14 Days on Market
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Federal 30-year interest rate: 5.3% last updated on May 12, 2022
* 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.
  • $2,200,000List Price
  • 0.14Acreage
Known as “The Establishment” this building has been woven into the historical fabric of San Luis Obispo. Owned by the same family since 1977,this is a unique opportunity to own an iconic piece of history. Situated at the trivium of Santa Barbara,Leff + Osos Streets,The Establishment has been a life changing experience in communal living for decades. With 19 private rooms,4 full bathrooms,living room,kitchen and plenty of outdoor space,this building has nurtured students,artists and writers,including the famous beat author Jack Kerouac who once lived here while working as a brakeman for the Southern Pacific Railroad in the early 1950’s. Known by many names the building was constructed around 1886 + was originally located at 894 Monterey Street. Then known as the Call Rooming House + Elmo Rooming House. In 1895 it was moved to the current location and renamed “the Chicago hotel”,purchased in 1904 and eventually renamed the Park View hotel,then during the 40’s + 50’s it was known as the Colonial Hotel and by 1973 the building was referred to as it is now: The Establishment. This house carries an essence of intentional living and the whispers of a bygone era. Located ideally in downtown San Luis Obispo + in need of some repair,this building has been life changing for those lucky enough to have called it home + in exchange for a little TLC,it can change yours. Property is registered on the historical master list with the City of SLO. Property is not in the Mill's Act.
Listed by Linda Wilson and of Wilson & Co. Real Estate

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