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1042 Olive St San Luis Obispo, CA, 93405
$1,850,000 $150,000 Land for sale 0.52 acres
Approved mixed use project in great San Luis Obispo location. Close to Cal Poly and at the entrance to Hwy 101 South. Property is a 22,500 square foot lot with approval for 14 apartments over 3,500 SF of retail commercial. 8 standard residential units (approx 1300SF) 4-affordable units and (2) penthouse units. Rents in the area are aggressive with strong demand from all sectors. Please contact agents for more information including elevations and floorplans. Rare offering of approved project in this central location. Joint venture possible.
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Property details
22,500 sqft interior area
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Land area
22,500 sqft (0.52 acres)
Price per sqft
$82/sqft
Days on Verhouse
140
Address
1042 Olive St, San Luis Obispo, CA, 93405
City of California
San Luis Obispo
County
San Luis Obispo
Previous price
$2,000,000
District
Listing
Zoning
CT
Open Houses
No upcoming open houses
Listed by
Steven Relth, Lee and Associates
Name
Steven Relth
License number
00674642
Brokerage company
Lee and Associates
MLS #
CRPI23228977
Payment calculator
Calculate your monthly payments
Mortgage
$5,680
Taxes
$0
HOA dues
$0
Mortgage
$370,000 / 20%
2.28%
30 years
Your amount
$5,680 / month
Lot details
TMK #001112006
Parcel #
001112006
93405 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93405
39%
Families with children
National average: 39%
56%
Non family households
64,642
Population
$84,481
Average Income
Age & gender
Median age 30 years
More info
Commute types
73% commute by car
More info
Education level
34% have college education
More info
Number of employees
13% work in education and healthcare
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Vehicles available
36% have 2 vehicle
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Vehicles by gender
36% have 2 vehicle
More info
Housing market insights for
$966.52k
Neighborhood average
sales price*
sales price*
$861.02k
Neighborhood median
sales price*
sales price*
210
Number
of sales*
of sales*
Housing type
50% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
More info
Bedrooms
62% have 2 or 3 bedrooms
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Owners vs Renters
57% are renters
More info
15.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Electricity Connected, Natural Gas Connected
Utilities
Electricity Connected, Natural Gas Connected
Location Details, Documents & Disclosures
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Directions to property
Santa Rosa to Olive
Price history
Price Decrease Apr 14, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 14, 2024 | Price Decrease | $1,850,000 -7.5% | 82.22 | MLS #CRPI23228977 |
| Apr 12, 2024 | For sale | $2,000,000 | 88.89 | MLS #CRPI23228977 |
| Jan 17, 2024 | Pending | $2,000,000 | 88.89 | MLS #CRPI23228977 |
| Dec 21, 2023 | New Listing | $2,000,000 | 88.89 | MLS #CRPI23228977 |
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Frequently Asked Questions about 1042 Olive St
What is 1042 Olive St?
1042 Olive St is a lot of 0.52 acres (about is 22,500 sqft).
What is the full address of this Land?
1042 Olive St, San Luis Obispo, CA, 93405.
Tell me about the point of interest nearby
The closest grocery stores are Lassens Natural Foods & Vitamins, 0.59 miles away and California Fresh Market, 0.6 miles away.
Based on information from the bridgeMLS as of 05-08-2024. 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.
Listing last updated on: Apr 15, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Lassens Natural Foods & Vitamins, 0.59 miles away and California Fresh Market, 0.6 miles away.
The 93405 zip area has a population of 64,642, and 39% of the families have children. The median age is 30.4 years and 73% commute by car. The most popular housing type is "single detached" and 57% is renter.
