1239 E Foothill Boulevard 108, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 2 bed, 2 bath
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San Luis Obispo, California 93405
This High-Yield Residential Asset is listed at $725,000, aligning closely with its $719,303 Fair Market Value. Maintaining a Well-Maintained Condition Rating, the unit offers a roommate-friendly two-level layout featuring vinyl plank flooring, stainless steel appliances, and a private back deck with hill views. Situated blocks from Cal Poly within the San Luis Coastal Unified district, the property ensures consistent rental demand and portfolio stability. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a strategic campus-side residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1239 E Foothill Boulevard 108 Subject | $725,000* List Price | 2 | 2 | 1,228 | $586 | - |
A 55 Stenner M Sold | $594,000 | 2 | 2 | 1,025 | $580 | 0.1 mi |
B 45 Stenner H Sold | $599,500 | 2 | 2 | 1,025 | $585 | 0.1 mi |
C 55 Stenner Street N Active | $608,000 List Price | 2 | 2 | 1,025 | $593 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property is well-maintained and move-in ready but shows signs of its age. While it features recent cosmetic updates such as vinyl plank flooring, fresh cabinet paint, and newer stainless steel appliances, the overall style remains dated with original cabinetry, laminate-style countertops, and older bathroom tile and light fixtures.
Situated just blocks from the Cal Poly campus and minutes from downtown San Luis Obispo, this property offers exceptional convenience for students and faculty, ensuring high rental demand.
The two-level design with a full bathroom on each floor and oversized bedrooms provides an ideal configuration for roommates, maximizing its potential as a high-yield investment property.
The unit includes highly sought-after amenities such as in-unit laundry, two assigned parking spaces, and durable vinyl plank flooring, which enhance both livability and property value.
The monthly HOA fee of $468 is a significant recurring expense that may impact the overall affordability and net ROI for potential investors.
Built in 1987, the property may require future capital improvements or updates to major systems despite recent cosmetic refreshes to the kitchen and flooring.
Located just a few blocks from the Cal Poly campus, this 2 bedroom, 2 full bath condo offers 1228 sq. ft. and is located in the highly desirable Carhill Condominiums. The unit features durable vinyl plank flooring, spacious living room and dining area plus a well-appointed kitchen with newer flooring and fresh cabinet paint (2 years ago). The appliance package includes a stainless steel gas range, built-in microwave, refrigerator and separate dishwasher. This two level condo offers a full bathroom on each level and the two spacious bedrooms have ample space for desks and can accommodate up to two roommates each. Additional highlights include a convenient in-unit laundry closet, two assigned parking spaces and back deck, perfect for relaxing outdoors. A great investment opportunity or ideal living space close to campus, shopping, restaurants and just minutes to downtown San Luis Obispo.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,228 | 1,174 | 58% |
| Lot Size | 1,228 | 1,174 | 58% |
| Price | $725.0K | $662.2K | 50% |
| Price per sq ft | $590 | $584 | 75% |
| Built year | 1987 | 1986 | 58% |
| HOA | $468.0 | $431 | 50% |
| Days on market | 34 | 155 | 8% |
Mar 19, 2026
$725,000
Initial Listing
Jul 7, 2005
$435,000
Public Record