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$2,700,000
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35 Blarney Ln
San Luis Obispo, CA 93405
14 bed 7 bath 4,191 SqFt ($644/SqFt)
4.78 acre lot. Built 1930
Listed 2024-02-03, Taxes $14,247
May be USDA loan restricted due to income limits
near San Luis Obispo

Latest Value Estimates: $1,823,000 from Collateral Analytics on 2024-04-17. Forecast Estimate Value:$1,847,137 in 2025-02-01 by Collateral Analytics.

This incredible property has so much potential.

With 7 current long-term rentals and RV pad spaces, there is still room to add units with county approval.

This prperty has extraordinary views of Bishops Peak and Mad onna Mountain.


Presented by Valeska Nemetz at
Valeska Nemetz Inc.


Property MLS #SC24025011 from CRMLS

Bedrooms: 14

Laundry Features: Gas & Electric Dryer Hookup

Full Bathrooms: 7

Lot Description: 6-10 Units/Acre
Lot Size Acres: 4.78
Lot Size Source: Assessor
Lot Size Square Feet: 208217

Number of Units: 10
Bedrooms in Unit-1: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 10
Tenant Pays: Cable TV, Electricity

Community Features: Foothills

Source Listing Status: Active
County: San Luis Obispo
Source Property Type: Residential Income
Insurance Expense: 2304.00
Area: SLO - San Luis Obispo
Source Neighborhood: San Luis Obispo(380)
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 6
Parcel Number: 067081006
Postal Code Plus 4: 7809
Subdivision: San Luis Obispo(380)
Trash Expense: 2206.00
Zoning: RS
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$295,531 + $1,050,811
$1,346,342
$14,247
2021$289,737 + $1,030,207
$1,319,944
$14,021
2020$286,767 + $1,019,644
$1,306,411
$13,877
2019$281,145 + $999,651
$1,280,796
$13,733
2018$275,633 + $980,050
$1,255,683
$13,464
2017$270,229 + $960,834
$1,231,063
$13,200
2016$250,000 + $900,000
$1,150,000
$12,330
2015$175,000 + $725,000
$900,000
$9,647
2014$175,000 + $625,000
$800,000
$8,032
2013$200,000 + $550,000
$750,000
$8,032
2012$200,000 + $550,000
$750,000
$7,530
2010$200,000 + $550,000
$750,000
$11,100
2009$243,546 + $865,945
$1,109,491
$11,119
2009$242,968 + $863,892
$1,106,860
$11,119
2008$238,771 + $848,966
$1,087,737
$10,901
2007$234,090 + $832,320
$1,066,410
$10,687

Listed 2024-02-03
$2,700,000
CRMLS
Listing removed 2024-02-02
$0
CRMLS
Listed 2023-10-10
$2,700,000
CRMLS
Listing removed 2022-05-24
$0
CRMLS
Listed 2021-09-23
$2,500,000
CRMLS
Sold 2005-03-31
$1,025,000
Public Record
Sold 2000-06-30
$500,000
Public Record
Sold 1988-06-23
$250,000
Public Record

Net Operating Income: 170390.00

Total Square Feet Living: 4191
Year Built: 1930
Building Features: 8
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 94
Building Total Stories: 1
Structure Type: Quadruplex
House Style: Bungalow
Year Built Source: Assessor

Electric Expense: 2400.00
Sewer: Sewer: Shared Septic, Water Sewer Expense: 0.00
Water Source: Well

Laguna Middle School is a public middle school located approximately 1.6 miles away.
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Bishop's Peak Elementary School is a public elementary school located approximately 1.6 miles away.
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San Luis Obispo High School is a public high school located approximately 3.3 miles away.
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Christ Classical School is a private elementary and middle school located approximately 0.2 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.