1527 Royal Wy, San Luis Obispo, CA 93405 - Berkshire Hathaway HomeServices California Properties

1527 Royal Wy, San Luis Obispo, CA 93405

$2,575,000 Approx. USD 0 beds, 0 baths

Listing Agent


James Kelsey | jim.kelsey1@gmail.com
Lic#: 01354722
Broker: Courtesy of Century 21 Masters-Arroyo Grande

Agent Remarks

This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 1-1/2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151,000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 11,000 sq ft, view of the mountains from several bedrooms.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# PI25097647
Price: $2,575,000
Beds: 0
Baths: 0
Family Room fireplaces
Built in 1971
0.24 acres
Lot size: 0.2410
Subdivision: San Luis Obispo(380)
County: San Luis Obispo
Appliances: Dryer,Washer
Lot description: ElevenToFifteenUnitsAcre
Heating/cooling: None
Heating description: Baseboard,Electric,Radiant
MLS area: SLO - San Luis Obispo

Last Updated: 5/3/2025

 Days On Market (DOM): 45

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This listing belongs to the SLO - San Luis Obispo MLS area

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Lat/Long: 35.256916, -120.693786.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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