San Luis Obispo, CA 93405
PRICE: $1,575,000
3 Bed • 2 Bath • 1471 sq. ft. Home with Approved ADU Plans in Golden Zone
Price: $1,575,000
Prime investment opportunity in the highly sought-after “Golden Zone” just steps from California Polytechnic State University. This charming property offers an ideal blend of location, flexibility, and future development potential.
The existing home features 3 bedrooms and 2 bathrooms, thoughtfully updated with a newer kitchen and somewhat remodeled bathrooms, creating a comfortable and move-in ready living space. An indoor laundry room adds everyday convenience, while the flexible floor plan offers the potential to convert the dining room or kitchen area into a fourth bedroom—maximizing use and versatility.
From the street, the home boasts darling curb appeal with low-maintenance, drought-resistant landscaping, a turf lawn, and a welcoming front deck—perfect for enjoying the Central Coast lifestyle without the upkeep.
What truly sets this property apart are the City-approved plans for a 4-bedroom ADU, presenting a rare and valuable opportunity to significantly increase long-term value in one of the most desirable locations in San Luis Obispo.
The current lease is in place through 6/30/2026, offering a clear timeline for future planning.
Whether you’re looking to expand your portfolio, secure a prime location near campus, or capitalize on development potential, this is an exceptional opportunity you won’t want to miss.
2 Blocks to Cal Poly campus || City approved plans for 4 bedroom ADU || Primary bedroom with ensuite bathroom and glass slider to back patio || Indoor laundry room
Front turf lawn with drought resistant landscaping || Back storage shed for bikes, surfboards, storage || Front deck offering space for social gathering || Single-level living with 3 bedrooms
Alta Vista / Golden Zone Santa Rosa / Alta Vista real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Santa Rosa / Alta Vista neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
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photos of home taken in APRIL 2026
*This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete & it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. Buyer to satisfy themselves to all aspects of property, including but not limited to permits.