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$1,850,000
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1042 Olive St
San Luis Obispo, CA 93405
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.52 acre lot.
Listed 2023-12-21, Taxes $10,184
Ⓧ USDA Ineligible
due to property

near San Luis Obispo

Approved mixed use project in extraordinary San Luis Obispo location.

Close to Cal Poly and at the entrance to Hwy 101 Suth. Property is a 22, 500 square foot lot with approval for 14 apartments over 3, 500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units.

Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information includ ing elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.


Presented by Steven Relth at
Lee And Associates.


Property MLS #PI23228977 from CRMLS

Lot Description: 26-30 Units/Acre, Lot 20000-39999 Sqft
Lot Size Acres: 0.5165
Lot Size Source: Assessor
Lot Size Square Feet: 22500

Road Frontage Type: City Street

View: City Lights

Calculated Total Monthly Association Fees: 0

Community Features: Urban

Source Listing Status: Active
County: San Luis Obispo
Directions: Santa Rosa to Olive
Source Property Type: Land
Area: SLO - San Luis Obispo
Source Neighborhood: San Luis Obispo(380)
Parcel Number: 001112006
Subdivision: San Luis Obispo(380)
Zoning: CT
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $962,407
$962,407
$10,184
2021$unknown + $943,537
$943,537
$10,022
2020$unknown + $933,863
$933,863
$9,919
2019$unknown + $915,552
$915,552
$9,817
2018$unknown + $897,600
$897,600
$9,624
2017$unknown + $880,000
$880,000
$9,435
2016$unknown + $826,183
$826,183
$8,858
2015$unknown + $813,773
$813,773
$8,723
2014$unknown + $684,586
$684,586
$6,873
2013$unknown + $681,493
$681,493
$6,842
2012$unknown + $668,131
$668,131
$6,708
2010$unknown + $655,031
$655,031
$6,520
2009$unknown + $651,681
$651,681
$6,531
2009$unknown + $650,136
$650,136
$6,531
2008$unknown + $638,903
$638,903
$6,403
2007$unknown + $223,027
$223,027
$2,235

Price Changed 2024-04-14
$1,850,000
CRMLS
Listed 2023-12-21
$2,000,000
CRMLS
Listing removed 2018-12-07
$0
CRMLS
Price Changed 2018-11-03
$1,395,000
CRMLS
Listed 2018-06-12
$1,550,000
CRMLS
Listing removed 2018-06-03
$1,825,000
CRMLS
Relisted 2018-03-15
$1,825,000
CRMLS
Listing removed 2018-03-07
$1,825,000
CRMLS
Listed 2017-12-17
$1,825,000
CRMLS
Listing removed 2017-03-09
$1,350,000
CentralCoast
Listed 2017-02-12
$1,350,000
CentralCoast
Sold 2016-12-09
$880,000
Public Record
Listing removed 2015-12-11
$880,000
CentralCoast
Listed 2015-06-23
$880,000
CentralCoast
Sold 1991-12-05
$132,000
Public Record

Sewer: Public Sewer
Electricity Available
Natural Gas Available
Water Source: Public

San Luis Obispo High School is a public high school located approximately 0.9 miles away.
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Bishop's Peak Elementary School is a public elementary school located approximately 1.3 miles away.
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Laguna Middle School is a public middle school located approximately 2.4 miles away.
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Old Mission School is a private elementary and middle school located approximately 0.4 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.