20 days on rocket

254 Grand Ave, San Luis Obispo, CA, 93405

$2,200,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
3 Full Baths
1,970 SqFt
$1,117/SqFt
House
Schools Nearby

Location

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254 Grand Ave, San Luis Obispo$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Concrete, Driveway
Attached Garage1 space
Year Built1949
HeatingENERGY STAR Qualified Equipment, Forced Air
CoolingElectric, ENERGY STAR Qualified Equipment
FireplaceNone
ViewHills
MLS #PI24070595
Lot Size0.11 Acres
StatusActive

About 254 Grand Ave

Welcome to 254 Grand Ave in San Luis Obispo! The main house, freshly remodeled in 2024, boasts four bedrooms, a modern bathroom and attached garage. Additionally, a newly constructed ADU offers four bedrooms and two bathrooms, perfect for accommodating guests or tenants. Situated near the college campus and downtown area, this property presents a fantastic opportunity for student rentals. With its prime location close to the college campus and downtown amenities, 254 Grand Ave is an ideal investment for student housing. The main house's recent renovation ensures a comfortable living space, while the ADU provides additional flexibility for tenants. Don't miss out on the chance to own a property with great potential for rental income in this sought-after area of San Luis Obispo.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,970 SqFt

Listing Office:

  • Office Name: Pismo Coast Realty
  • Office Phone: (559) 760-3544
  • Listing Agent: Clayton Gambril

Interior Features

Interior Information:

  • Appliances: Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s), Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Carport, Concrete, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment, Forced Air
  • Cooling: Electric, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: HWY 101 to Grand Ave, close to Cal Poly

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $1,117/SqFt

Tax Information:

  • Annual Amount: $6,796
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Luis Obispo, CA.

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San Luis Obispo, CA

City

Med. Sold Price

$985.8K

Med. Price/SqFt

$600

Avg. Days On Market

20

# of Sold Homes

26

254 Grand Ave vs San Luis Obispo

20 DAYS ON ROCKET

-0 Day

$2,200,000

+$1.2M More

$1,117/SqFt

+$516 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $516/SqFt more than other homes in San Luis Obispo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PI24070595

Listing Office:

  • Office Name: Pismo Coast Realty
  • Office Phone: (559) 760-3544
  • Listing Agent: Clayton Gambril

IDX 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: 5/1/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2016Home Sold
$585,000
Jan 04, 2005Home Sold
$440,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,796$639,781
2020$6,726$633,221
2019$6,526$620,806
2018$6,526$608,634
2017$6,398$596,700

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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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.

Nearby Schools

school-card-donut-4101519
6
/10

  • Pacheco Elementary School

  • 261 Cuesta Dr

  • 1.28 miles

  • Public District Grades KG-6

school-card-donut-4101520
6
/10

  • Hawthorne Elementary School

  • 2125 Story St

  • 1.69 miles

  • Public District Grades KG-6

school-card-donut-4101521
7
/10

  • Bishop's Peak Elementary School

  • 451 Jaycee Dr

  • 1.84 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,824. Typical income of San Luis Obispo, CA residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 254 Grand Ave

What is the listing price of this property?

The listing price of 254 Grand Ave property is $2,200,000.

What type of property is this?

The property 254 Grand Ave is a house located in San Luis Obispo, California, 93405.

Is this property for sale now?

Active Listing: 254 Grand Ave 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 $6,796 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 6, 2016 for $585,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 254 Grand Ave has 8 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 254 Grand Ave is 1,970 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 254 Grand Ave is 1949.

Rocket Homes›California›San Luis Obispo County›San Luis Obispo›93405›254 Grand Ave

This home is located at 254 Grand Ave in San Luis Obispo, CA and zip code 93405. This 1,970 square foot home, which was built in 1949, sits on a 0.11 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $2,200,000.

In March 2024 more than 12 listings in San Luis Obispo, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. The inventory of homes for sale in San Luis Obispo, CA between February 2024 and March 2024 increased by 0.8%. Listings spent 20 days on the market in March 2024, and had a median list price of $985,812 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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