1481 Balboa, San Luis Obispo, CA 93405

$1,165,000
6
BD
3
BA
1,817
SqFt

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Sold Price
$1,165,000
List Price
$1,195,000
Closing Date
Apr 13, 2026
Status
CLOSED
MLS#
SC26030333
Year Built
1963
Bedrooms
6
Bathrooms
3
Living Sq. Ft
1,817
Lot Size
6,000
Acres
0.14
Lot Location
Back Yard, Front Yard, Garden, Landscaped, Level
Days on Market
6
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
San Luis Obispo(380)

Property Description

Tucked away on a quiet street in the Laguna Lake area, this nicely maintained property offers exceptional flexibility and value on a 6,000 sq. ft. lot. The main residence features 4 bedrooms and 2 bathrooms, complemented by a brand-new 2-bedroom, 1-bath attached ADU with its own private entrance—ideal for investors, extended family living, or rental income. The main home has been thoughtfully updated with newer windows, vinyl plank flooring throughout much of the house, and a refreshed bathroom featuring a new shower and vanity. Many major systems have also been improved, including a newer roof, a furnace upgrade, and extensive foundation shoring completed by Foundation Solutions, providing peace of mind for years to come. The kitchen and living room are generously sized and functional, while all four bedrooms offer comfortable proportions. The newly constructed garage-conversion ADU is stylish and turnkey, boasting a full kitchen with quartz countertops, stylish tile backsplash, and stainless steel appliances. The modern bathroom features a subway tile shower with a frameless glass enclosure, and vinyl plank flooring runs throughout the unit. Outside, enjoy a large driveway with ample parking and a peaceful backyard complete with a deck platform and storage shed—perfect for relaxing or entertaining. Whether you’re looking for a strong investment opportunity, a perfect setup for Cal Poly students, or a home with private guest quarters, this versatile Laguna Lake property truly checks all the boxes.

Additional Information

Appliances
Dishwasher, Gas Range, Refrigerator, Water Heater
Pool Description
None
Fireplace Description
Gas, Wood Burning
Heat
Central
Cooling Description
None
View
Mountain(s), Neighborhood
Exterior Construction
Stucco
Patio
Deck
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
San Luis Coastal Unified
High School
San Luis Obispo
Interior Features
In-Law Floorplan, Pantry, Bedroom on Main Level
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Jed Damschroder (jed@theavenueslo.com) from Listing Office: The Avenue Central Coast Realty, Inc..

Listing sold by Jed Damschroder from The Avenue Central Coast Realty, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.