165 Cerro Romauldo Avenue, San Luis Obispo, CA 93405 - Photo 1 of 23, San Luis Obispo, CA
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Sold$1,140,000on Jan 21, 2026

165 Cerro Romauldo Avenue, San Luis Obispo, CA 93405

Comet Realty
4Beds
2Baths
1,420Sq Ft
1935Built
48Days Listed

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. Dont miss this outstanding investment opportunity!

Kristin LachemannComet Realty805-801-4653

Virtual Tour

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
4
Bathrooms
2
Building Area
1,420 Sqft
Living Area
1,420 sqft
Year Built
1935
Stories
1.0
Status
Sold
Days on Market
48
Cumulative Days on Market
44
Original Price
$1,188,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

San Luis Obispo Market Snapshot

163

Active Listings

$900K

Median Price

75

Avg Days on Market

Last updated: Jan 22, 2026

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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,188,000