1018 Islay Street, San Luis Obispo, CA 93401
Local realty services provided by:ERA North Orange County Real Estate



1018 Islay Street,San Luis Obispo, CA 93401
$2,300,000
- 6 Beds
- 4 Baths
- 2,457 sq. ft.
- Townhouse
- Active
Listed by:jeff landon
Office:keller williams realty central coast
MLS#:PI25042402
Source:SANDICOR
Price summary
- Price:$2,300,000
- Price per sq. ft.:$936.1
About this home
Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchenoffering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new tankless water heaters, updated plumbing, upgraded electrical systems and panels, new drywall and insulation, fresh interior and exterior paint, and luxury vinyl tile flooring throughout. The kitchens have been beautifully remodeled with open shelving, stainless steel appliances and hoods, and quartz cou
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Home facts
- Year built:1900
- Listing Id #:PI25042402
- Added:173 day(s) ago
- Updated:August 20, 2025 at 01:46 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,457 sq. ft.
Heating and cooling
- Heating:Forced Air Unit
Structure and exterior
- Roof:Composition, Shingle
- Year built:1900
- Building area:2,457 sq. ft.
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$936.1
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