Views - Seller Financing
1490 Southwood Drive San Luis Obispo, CA
$ 3,950,000
Property Attributes
  • MLS#SP21024499
  • TypeIncome
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • NeighborhoodSan Luis Obispo
  • Zip93401
  • Style
  • Price$ 3,950,000
  • Bedrooms30
  • Full Bathrooms30
  • Half Bathrooms0
  • Lot Size1.6 Acres
Listing Provided Courtesy Of:
Kevin King with King Properties.
Data Source:
Property Description

Build houses, townhomes, condos, or apartments. A 1.6 acre lot in a fantastic location of San Luis Obispo. Zoned R2 which would allow for approx. 20 homes or apartment units, however per owner in discussions with the city they are receptive to an exception or rezone that would allow up to 30-homes on the lot, and mixed use with retail also a possibility. Zoning also allows for a community building such as a Church and a Senior Living Facility. Unlike other baron vacant lots with new housing going up, this development parcel comes with mature and attractive landscaping, also boasts best area in town for weather. Owner will look at any and all offers.

Price History
2/5/2021 Listed $39,950,000
2/5/2021 91% - $3,950,000

General Features

Community Features Curbs, Street Lights
Listing Agent Kevin King - BRE#01013696
Listing Agent State License 01013696
MLS Area SLO - San Luis Obispo
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Subdivision Name San Luis Obispo(380)
Terms Cash, Cash to New Loan, Owner May Carry, Submit
Total Units 30
View Mountain(s)
Zoning R2

Interior Features

Common Walls No Common Walls
Laundry Features None

Exterior Features

Lot Features 11-15 Units/Acre, Corner Lot
Lot Size Acres 1.6
Lot Size Area 69696
Lot Size Source Assessor
Lot Size Square Feet 69696
Lot Size Units Square Feet
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
View Y/N Yes
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 93401

AVG $1.94M
AVG 39
Year Built
AVG 1966
AVG 63
Data Provided by Walkscore ® not using MLS data