Property Details
About this Property
Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!
MLS Listing Information
MLS #
CRSC25253370
MLS Source
California Regional MLS
Days on Site
26
Interior Features
Kitchen
Exhaust Fan
Appliances
Exhaust Fan, Other, Oven - Electric, Oven Range, Oven Range - Electric, Refrigerator
Cooling
Central Forced Air, Central Forced Air - Electric, Other
Heating
Electric, Heat Pump, Other, Solar
Exterior Features
Roof
Composition
Foundation
Raised, Slab
Pool
None
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Water
Other
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
165 Cerro Romauldo Ave is a Duplex in San Luis Obispo, CA 93405. This – square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,188,000 and was built in 1935. This address can also be written as 165 Cerro Romauldo Ave, San Luis Obispo, CA 93405.
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This listing information is up-to-date as of November 10, 2025. For the most current information, please contact Kristin Lachemann, (805) 546-9925
