130 Orange Drive

San Luis Obispo, CA 93405
$2,250,000
2622 sqft | 7 beds | 3 baths | 0.18 acres | #SC24198502
Courtesy of Keller Williams Realty Central Coast

Description

Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ft—ideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the property’s value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.

  • Property Details
      • Interior:Loft
      • Bedrooms:7
      • Bathrooms:3
      • Full Baths:3
      • View:Hills, Neighborhood
      • Stories:1
      • Lot description:BackYard, FrontYard
      • Acres:0.1805
      • Square Feet:2622
      • Parking spaces:1
      • Property type:Purchase
      • Year built:1947
      • Sewer information:PublicSewer
      • Utility source:Public
      • Subdivision:San Luis Obispo(380)
      • School district:San Luis Coastal Unified
      • County:San Luis Obispo
      • Original List Price:$2, 250, 000
      • MLS #:SC24198502
      • Cost:2250000
      • Property subtype:SingleFamilyResidence
      • MLS #:SC24198502
      • Structure type:House

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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