1527 Royal Way, San Luis Obispo CA 93405

$2,434,000

1527 Royal Way, San Luis Obispo, CA 93405

bedrooms

bathrooms

square feet

4,544

Acreage

0.24104683195592286

Open Houses

year built

1971

Full Baths

Half Baths

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This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 10,500 sq ft, view of the mountains from several bedrooms. If you would like more information on this fantastic property, please call Jim Kelsey, with Century 21 Hometown Realty, at 805-709-4828.

Location
Subdivision	San Luis Obispo(380)
County	San Luis Obispo
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: PI24219494

Listing agent: James Kelsey #01354722

Listing broker: Century 21 Hometown Realty Rea (805) 773-2100

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 2 2025 at 3:58 a.m. EST

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