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Jeremiah S. Ellard IV

jellard@lomavistagroup.com +1(408) 622-1874

$ 1,575,000

Est. payment -/mo

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Active

241 Henderson San Luis Obispo, CA 93405

3 Beds

2 Baths

1,471 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,471 sqft

Price per Sqft $1,070

Subdivision San Luis Obispo(380)

MLS Listing ID SC26077014

Bedrooms 3

Full Baths 2

Year Built 1953

Lot Size 5,100 Sqft

Property Sub-Type Detached

Property Description

Prime investment opportunity in the highly sought-after Golden Zone just steps from California Polytechnic State University. This charming property offers an ideal blend of location, flexibility, and future development potential. The existing home features 3 bedrooms and 2 bathrooms, thoughtfully updated with a newer kitchen and somewhat remodeled bathrooms, creating a comfortable and move-in ready living space. An indoor laundry room adds everyday convenience, while the flexible floor plan offers the potential to convert the dining room or kitchen area into a fourth bedroommaximizing use and versatility. From the street, the home boasts darling curb appeal with low-maintenance, drought-resistant landscaping, a turf lawn, and a welcoming front deckperfect for enjoying the Central Coast lifestyle without the upkeep. What truly sets this property apart are the City-approved plans for a 4-bedroom ADU, presenting a rare and valuable opportunity to significantly increase long-term value in one of the most desirable locations in San Luis Obispo. The current lease is in place through 6/30/2026, offering a clear timeline for future planning. Whether you're looking to expand your portfolio, secure a prime location near campus, or capitalize on development potential, this is an exceptional opportunity you wont want to miss.

Location

State CA

County San Luis Obispo

Direction Grand, R on Slack, R on Henderson

Interior

Heating Forced Air Unit

Flooring Carpet, Laminate

Fireplaces Type FP in Family Room, Gas, Kitchen

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Microwave, Washer, Gas Range

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Neighborhood, City Lights

Roof Type Composition

Porch Deck, Stone/Tile, Wood

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 052122011

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

Virtual Tour https://realestate.greatdaanegraphics.com/241-henderson-ave-san-luis-obispo-ca-93405/

Listed by Amy Daane, DRE#01902657 The Avenue Central Coast Realty, Inc.

Jeremiah S. Ellard IV

Agent | License ID: 02251415

+1(408) 622-1874

Jeremiah S. Ellard IV

241 Henderson San Luis Obispo, CA 93405

Key Details

Location

Interior

Exterior

Building

Others

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241 Henderson