Tour
More
1 / 34
2 / 34
3 / 34
631 Johnson Avenue, San Luis Obispo, CA 93401
10
beds
7
baths
5219
ft2
· 13700
ft2 lot
$2,600,000
$498 / ft2
Listing provided courtesy of Susie Brans, Richardson Properties.
Source CRMLS.
7 Units in an excellent location of San Luis Obispo. Three units have been completed renovated with exquisite finishes, fixtures and well appointed kitchens with stainless steel appliances. Easy draw to get long term tenants in this location. A good returning, easy to own investment property! Each unit has off street parking and private laundry in unit. This is a rare opportunity to purchase a multi-family like this one!
HOA
$0/month
On market
8 months
Year built
1991
Property type
Multi-Family
Parking
10
MLS
SP20171499
Price / Sq.Ft.
$498 / ft2
Status
Active
price-analysis-v2
Price analysis
prepare-offer
Prepare an offer
Tour this home
Request a free tour of this home
Tuesday
20
April
Wednesday
21
April
Thursday
22
April
Friday
23
April
Saturday
24
April
Sunday
25
April
Monday
26
April
Tuesday
27
April
Wednesday
28
April
Thursday
29
April
Friday
30
April
Saturday
1
May
Sunday
2
May
Monday
3
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $2,600,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$506/day
$0
Best
Flyhomes Guaranteed Offer
$13,000
- -
$13,000
Better
Discount Brokerage
$10,160
not offered
$10,160
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Appliances: Gas Range
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Family Room
Interior Features
•   
Interior Features: Balcony
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Carpet, Laminate
Interior Size
•   
Building Area Total: 5219.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 10.00
Building Info
•   
Building Area Units: Square Feet
•   
Num Stories: Two
•   
Year Built Source: Public Records
Lot Info
•   
Zoning: R3
•   
Lot Features: Level
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.3145
•   
Lot Size Area: 13700.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 7
Property Features
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 7
•   
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 7
•   
Number Of Separate Water Meters: 7
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Operating Expense Percent: 21.60
•   
Tenant Pays: All Utilities
•   
Water Sewer Expense: 0.00
•   
Vacancy Allowance Rate: 2.00
•   
Maintenance Expense: 4810.00
•   
Cap Rate: 5.00
•   
Total Actual Rent: 12800.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 2650.00
•   
New Taxes Expense: 27000.00
•   
Insurance Expense: 2440.00
•   
Vacancy Allowance: 3552
•   
Professional Management Expense: 0.00
•   
Total Expenses: 38400.00
•   
Gross Scheduled Income: 177600.00
•   
Tax Block: 5
•   
Operating Expense: 38400.00
•   
Gardener Expense: 1500.00
Tax/Assessment Info
•   
Gross Income: 177600.00
Lease Info
•   
Net Operating Income: 132096.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 7 Information
•   
Unit 7 Garage Spaces: 0.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1350.00
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 1350.00
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1350.00
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1350.00
Unit 3 Information
•   
Unit 3 Actual Rent: 1400.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1400.00
Unit 1 Information
•   
Unit 1 Bedrooms: 4
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 4100.00
•   
Unit 1 Total Rent: 4100.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2200.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 2200.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
Number With Refrigerator: 7
•   
# Of Units: 7
•   
Number Of Units Leased: 6
•   
Number With Range: 7
Unit 5 Information
•   
Unit 5 Actual Rent: 0.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 0.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 2
Unit 6 Information
•   
Unit 6 Actual Rent: 2400.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 2400.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 2
•   
Unit 6 Garage Spaces: 0.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Other Subdivision Name: San Luis Obispo(380)
•   
Subdivision: San Luis Obispo(380)
•   
Community Features: Biking, Curbs, Sidewalks
•   
Directions: santa rosa and north on johnson
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Unbranded
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 19, 2021 2:05pm
Neighborhood snapshot
51
Properties for sale
13
Median days on market
$467.75
Median sold price/sqft
100.00%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
08/21/2020
08/21/2020
CRMLS #SP20171499
active
CRMLS #SP20171499
$2,600,000
Nearby Similar Homes
street view
$2,599,000
316 S Halcyon Road
Arroyo Grande, CA 93420
11 bed
9 bath
8776
 ft²
 · 
34412
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021