4 months on rocket

1417 Carmel St, San Luis Obispo, CA, 93401

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1417 Carmel St, San Luis Obispo$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1950
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #SC24125940
Lot Size0.07 Acres
StatusActive

About 1417 Carmel St

Looking for a lucrative investment opportunity? This dual-unit property at 1417 Carmel St. offers immediate rental income and strong potential for appreciation. Each unit features a full kitchen, bathroom and indoor laundry closet. One unit is currently leased, while the other is ready for upgrades to maximize rental income. Located near the heart of downtown SLO, this property boasts high rental demand and a prime location. Contact your favorite Realtor today to see how this could be a strategic addition to your investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Link Real Estate Group, Inc.
  • Office Phone: (805) 704-5476
  • Listing Agent: Layne Smith

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: from South st- turn onto BeeBee, Right on High, Left on Buchon, left onto Carmel

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $704
  • 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

$999.2K

Med. Price/SqFt

$618

Avg. Days On Market

24

# of Sold Homes

37

1417 Carmel St vs San Luis Obispo

145 DAYS ON ROCKET

+121 Days

$1,000,000

+$750 More

KEY TAKEAWAY

This property is $750 more than the Median Sold Price in San Luis Obispo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SC24125940

Listing Office:

  • Office Name: Link Real Estate Group, Inc.
  • Office Phone: (805) 704-5476
  • Listing Agent: Layne Smith

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: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$704$66,264
2020$696$65,586
2019$675$64,301
2018$676$63,041
2017$663$61,806

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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-438149
5
/10

  • Hawthorne Elementary School

  • 2125 Story St

  • 0.45 miles

  • Public District Grades KG-6

school-card-donut-438150
7
/10

  • Sinsheimer Elementary School

  • 2755 Augusta St

  • 1.30 miles

  • Public District Grades KG-6

school-card-donut-438151
6
/10

  • C.L. Smith Elementary School

  • 1375 Balboa St

  • 1.52 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 $40,208. The majority of San Luis Obispo, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Luis Obispo County›San Luis Obispo›93401›1417 Carmel St

This home is located at 1417 Carmel St in San Luis Obispo, CA and zip code 93401. This home, which was built in 1950, sits on a 0.07 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,000,000.

San Luis Obispo, CA housing market in October 2024 saw over 15 listings sold above listed price, more than 6 sold at listed price and over 16 sold below. In October 2024 in San Luis Obispo, CA there were 5.8% less homes for sale than in September 2024. While the average time on the market in October 2024 was 24 days, the median list price was $999,250.

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

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