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$1,490,000
56 Days On Site

1042 Olive Street
San Luis Obispo, CA 93405

For Sale|Land|Active
County:
San Luis Obispo
Listed by Matt Sansone of Compass [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1042 Olive Street1042 Olive Street1042 Olive Street1042 Olive Street
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Shovel ready and entitled mixed use development project in the heart of San Luis Obispo! This half acre lot will be host to 15 residential units and 3 commercial condominiums. The site is centrally located approximately one half mile to Downtown and one mile to the Cal Poly campus. This project could be a great fit for a developer looking to build and sell or an investor looking for long-term hold. In addition to the three commercial units at the ground floor, the plans call for 3 income restricted studio units, 10 open market two bedroom, two bath units and 2 penthouse units featuring two beds, two and a half bathrooms and generous living spaces. The final map is under review and then permits are ready to be pulled - what are you waiting for?

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Listing Snapshot
Price 
$1,490,000
Days On Site 
56 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5165 Acres
Year Built 
N/A
MLS® Number 
SC24171845
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoPrice changed to $1,490,000
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.5165
Special Circumstances 
Standard
Water Source 
See Remarks
Zoning 
CT
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Exterior Features
View 
CityCity Lights
Waterview 
CityCity Lights
Community Features
Community Features 
Sidewalks
Financing Terms Available 
Cash
MLS Area 
699 - Not Defined


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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