Home | San Luis Obispo County | San Luis Obispo | 93405 | 1470 Madonna Rd
1470 Madonna Rd, San Luis Obispo, CA 93405
MLS: CRSC26144930 | Status: Contingent | Price: $1,679,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
9,823 |
1972 |
Rare investment opportunity in the heart of San Luis Obispo! Ideally located near shopping, schools, hiking and biking trails, public transportation, and major commuter routes, 1470 Madonna Road offers an excellent opportunity to acquire a well-positioned multifamily asset with significant upside potential. This fourplex (legally described as two duplexes) consists of approximately 5,023 sq ft of living space and is situated on a 9,823 sq ft lot. The property features a desirable unit mix of one 3-bedroom, 2-bath unit with a private 1-car garage and three 2-bedroom, 2-bath units. All units are two-story floor plans with living areas on the main level and bedrooms upstairs. Additional amenities include eight unassigned parking spaces and a shared community laundry facility. The property has been well maintained and presents an excellent value-add opportunity. Many of the units offer the chance for cosmetic updates, including flooring and interior paint, allowing a new owner to enhance the property while increasing its long-term income potential. Multifamily properties of this size and quality are rarely available in San Luis Obispo, making this an attractive opportunity for investors seeking stable cash flow and future appreciation.
| Field |
Value |
| MLS # |
CRSC26144930 |
| MLS Source |
California Regional MLS |
Features
Exterior Features
| Feature |
Details |
| Pool |
None |
| Feature |
Details |
| Garage/Parking |
Garage: 1 Car(s) |
| Listing Agent |
Co-Listing Agent |
| Rob Rose |
Colleen Clarke |
| Christie's International Real Estate Sereno |
Christie's International Real Estate Sereno |
| License #: 02035157 |
License #: 01267325 |
| Phone: (805) 471-8351 |
Phone: (805) 550-1015 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
– |
4 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 08, 2026. For the most current information, please contact Rob Rose, (805) 471-8351.