165 Cerro Romauldo Avenue, San Luis Obispo, CA 93405

$1,140,000
4
BD
2
BA
1,420
SqFt

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Sold Price
$1,140,000
List Price
$1,188,000
Closing Date
Jan 21, 2026
Status
CLOSED
MLS#
SC25254062
Year Built
1935
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,420
Lot Size
5,000
Acres
0.11
Lot Location
0-1 Unit/Acre, Front Yard, Near Park, Rectangular Lot, Street Level
Days on Market
43
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
San Luis Obispo(380)

Property Description

Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer, and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!

Additional Information

Other Buildings
Two On A Lot
Appliances
ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Refrigerator, Tankless Water Heater, Water To Refrigerator, Water Heater
Pool Description
None
Heat
Electric, ENERGY STAR Qualified Equipment, Heat Pump, Solar
Cooling
Yes
Cooling Description
Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Zoned
View
Mountain(s)
Exterior Construction
Cedar, Cement Siding, Drywall, Ducts Professionally Air-Sealed, Glass, HardiPlank Type, Lap Siding, Concrete, Radiant Barrier
Patio
Front Porch, Porch
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
San Luis Coastal Unified
Interior Features
Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished, All Bedrooms Down, Galley Kitchen
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Kristin Lachemann (kristincometrealty@gmail.com) from Listing Office: Comet Realty.

Listing sold by Jennifer Dawson from Platinum Properties

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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.