Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.
Property Details
Property Features
Listing Office:
Office Name: Lee and Associates
Office Phone: (619) 517-6429
Listing Agent: Steven Relth
Exterior Features
Exterior Information:
View: City Lights
Lot Features
Lot Information:
Lot Size: 0.52 Acres
Other
Directions Information:
Directions: Santa Rosa to Olive
Price Information
Listing Price Info
Price Summary:
List Price: $1,850,000
Tax Information:
Annual Amount: $10,023
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in San Luis Obispo, CA.
This property is $859K more than the Median Sold Price in San Luis Obispo, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PI23228977
Listing Office:
Office Name: Lee and Associates
Office Phone: (619) 517-6429
Listing Agent: Steven Relth
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 10:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 09, 2016
Dec 09, 2016Home Sold
$880,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,023
$943,537
2020
$9,919
$933,863
2019
$9,624
$915,552
2018
$9,625
$897,600
2017
$9,436
$880,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Pacheco Elementary School
261 Cuesta Dr
Distance between this listing and this school0.88 miles
Public District Grades KG-6
6
/10
Hawthorne Elementary School
2125 Story St
Distance between this listing and this school1.16 miles
Public District Grades KG-6
7
/10
Bishop's Peak Elementary School
451 Jaycee Dr
Distance between this listing and this school1.36 miles
Public District Grades KG-6
Nearby Schools
9
/10
Teach Elementary School
451 Jaycee Dr
Distance between this listing and this school1.36 miles
Public District Grades 4-6
7
/10
Laguna Middle School
11050 Los Osos Valley Rd
Distance between this listing and this school2.40 miles
Public District Grades 7-8
7
/10
Los Osos Middle School
1555 El Morro Ave
Distance between this listing and this school9.15 miles
Public District Grades 6-8
Nearby Schools
8
/10
San Luis Obispo High School
1499 San Luis Dr
Distance between this listing and this school0.78 miles
Public District Grades 9-12
7
/10
Morro Bay High School
235 Atascadero Rd
Distance between this listing and this school12.80 miles
Public District Grades 9-12
6
/10
Arroyo Grande High School
495 Valley Rd
Distance between this listing and this school12.90 miles
The neighbors living near this home have an average income of $60,773. Residents of San Luis Obispo, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1042 Olive St
What is the listing price of this property?
The listing price of 1042 Olive St property is $1,850,000.
What type of property is this?
The property 1042 Olive St is land located in San Luis Obispo, California, 93405.
Is this property for sale now?
Active Listing: 1042 Olive St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,023 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 9, 2016 for $880,000. (source: MLS/tax record).
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This home is located at 1042 Olive St in San Luis Obispo, CA and zip code 93405. This home sits on a 0.52 acre lot. It has been listed on Rocket Homes since December 21, 2023 and is currently priced at $1,850,000.
San Luis Obispo, CA housing market in April 2024 saw over 17 listings sold above listed price, more than 12 sold at listed price and over 14 sold below. The number of listings in San Luis Obispo, CA decreased by 2.2% between March 2024 and April 2024. In April 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $991,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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