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$3,500,000   Price Analysis
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2730 McMillan Ave
San Luis Obispo, CA 93401
32 bed 47 bath 41,884 SqFt ($83/SqFt)
1.1 acre lot. Built 2024
Listed 2024-05-01, Taxes $10,582
Ⓧ USDA Ineligible
due to price & location

near San Luis Obispo

Welcome to 2730 McMillan!

This 46-unit apartment project exemplifies one of the bes t opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown.

In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants. Brand new ownership will benefit from the well designed project by Arris Architecture nd a bid in hand from JW Design.


Presented by Anthony Aurignac at
Venture Real Estate.


Property MLS #SC24087308 from CRMLS

Bedrooms: 32

Laundry Features: Dryer Included, Washer Included

Full Bathrooms: 47

Lot Description: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac
Lot Size Acres: 1.1
Lot Size Source: Assessor
Lot Size Square Feet: 47916

View: Hills

Number of Units: 46
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 2
Bedrooms in Unit-7: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 2

Calculated Total Monthly Association Fees: 0

Community Features: Dog Park, Hiking, Park, Sidewalks, Storm Drains

Source Listing Status: Active
County: San Luis Obispo
Source Property Type: Residential Income
Area: SLO - San Luis Obispo
Source Neighborhood: San Luis Obispo(380)
Number of Separate Electric Meters: 46
Parcel Number: 053212022
Postal Code Plus 4: 6812
Subdivision: San Luis Obispo(380)
Zoning: M
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $1,000,000
$1,000,000
$10,582
2021$unknown + $696,931
$696,931
$7,403
2020$unknown + $689,785
$689,785
$7,327
2019$unknown + $676,260
$676,260
$7,251
2018$unknown + $663,000
$663,000
$7,109
2017$unknown + $663,000
$663,000
$7,109
2016$unknown + $300,122
$300,122
$3,218
2015$unknown + $295,614
$295,614
$3,168
2014$unknown + $289,824
$289,824
$2,909
2013$unknown + $288,515
$288,515
$2,896
2012$unknown + $282,858
$282,858
$2,839
2010$unknown + $277,312
$277,312
$2,760
2009$unknown + $275,894
$275,894
$2,765
2009$unknown + $275,240
$275,240
$2,765
2008$unknown + $270,485
$270,485
$2,710
2007$unknown + $265,182
$265,182
$2,657

Listed 2024-05-01
$3,500,000
CRMLS
Listed 2024-05-01
$3,500,000
CRMLS
Sold 2022-12-27
$902,000
Public Record
Sold 2022-04-22
$1,000,000
Public Record
Sold 2017-06-21
$331,500
Public Record
Listing removed 2017-04-11
$700,000
NSBCRMLS
Sold 2016-04-11
$650,000
CRMLS
Listing removed 2016-03-30
$700,000
CentralCoast
Sold 2016-03-02
$650,000
Public Record
Listed 2015-11-30
$700,000
NSBCRMLS
Listed 2015-11-17
$700,000
CRMLS
Listed 2015-11-17
$700,000
CentralCoast

Net Operating Income: 1097017.00

Total Square Feet Living: 41884
Year Built: 2024
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Parking Lot
Property Attached: Yes
Building Total Stories: 4
Structure Type: Apartment

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Hawthorne Elementary School is a public elementary school located approximately 0.8 miles away.
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San Luis Obispo High School is a public high school located approximately 1.3 miles away.
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Laguna Middle School is a public middle school located approximately 2.7 miles away.
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Slo Christian Academy is a private elementary school located approximately 0.8 miles away.
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SAN LUIS OBISPO CHRISTIAN ACADEMY is a private elementary school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.