1239 E Foothill Boulevard 205, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 2 bed, 2 bath
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1239 E Foothill Boulevard 205
San Luis Obispo, California 93405
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
2Baths
1,194Sq Ft
1,193Lot Size
Property Price
LIST PRICE$695,000
EST. MARKET VALUE
$696,023
SUMMARY
This property presents a Strong Value Opportunity, listed at $695,000—positioned well below the $696,024 Fair Market Value by 0.15%. With a Fair Condition Rating (4/10), the unit offers a functional split-level layout and recent balcony upgrades, though interior finishes remain dated. Its proximity to Cal Poly ensures high rental demand, making this a stable Buy-and-Hold Asset. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, high-demand location near campus and downtown.
Estimated Market Value
$696,023
Based on Realkey algorithm analyzing recent comparable sales in San Luis Obispo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1239 E Foothill Boulevard 205 Subject | $695,000* List Price | 2 | 2 | 1,194 | $583 | - |
A 1239 E Foothill Boulevard 108 Sold | $700,000 | 2 | 2 | 1,228 | $570 | 0.0 mi |
B 1185 E Foothill Sold | $720,000 | 2 | 2 | 1,238 | $582 | 0.1 mi |
C 55 Stenner M Sold | $594,000 | 2 | 2 | 1,025 | $580 | 0.2 mi |
D 365 N Chorro Active | $580,000 List Price | 2 | 2 | 1,032 | $562 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987 (37 years old), the property is well-maintained but dated. The kitchen features original cabinets that have been painted over and a mix of newer stainless steel and older white appliances. While functional and move-in ready, the interior finishes and systems are aged and lack a comprehensive modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime University Proximity
As the closest condominium complex to Cal Poly San Luis Obispo, this property offers unparalleled convenience for students or faculty, ensuring high rental demand and long-term investment stability.
- Functional Split-Level Layout
The dual-level floor plan provides excellent privacy with a bedroom and bathroom on each floor, complemented by an internal laundry room and two dedicated parking spaces.
- Scenic Outdoor Living
Recently rebuilt balconies offer refreshed outdoor space with mountain and neighborhood views, enhancing the living experience and reducing immediate exterior maintenance concerns.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly HOA fee of $468 adds a significant recurring expense to the ownership cost, which may impact the overall return on investment for some buyers.
- Multi-Level Accessibility
With the main entry on the second level and additional living space upstairs, the multi-story configuration may pose accessibility challenges for individuals with mobility concerns.
About 1239 E Foothill Boulevard 205
A rarely available condo at the Carhill Community, which is the closest condo ownership to Cal Poly San Luis Obispo. With 2beds and 2baths offering 1,193 square feet of living space, it is located just a few blocks from campus. The front door is accessed on the 2nd level, which features a large bedroom, two closets, and full bath. Upstairs is an open living room with lots of natural light, a laundry room, storage space plus an additional bedroom and full bath. The kitchen offers stainless steel appliances, pantry space, and breakfast bar seating. Balconies were recently rebuilt, which provides a nice outdoor space to watch the world go by. The HOA provides exterior maintenance, trash and management with this unit offering two dedicated parking spaces. A great investment opportunity or ideal living space close to campus, shopping, restaurants and just minutes to downtown San Luis Obispo.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 1,193 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $468.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,194 | 1,160.348 |
| Lot Size | 1,193 | 1,245.13 |
| Price | $695.0K | $768.4K |
| Price per sq ft | $582 | $591 |
| Built year | 1987 | 1991 |
| HOA | $468.0 | $417 |
| Days on market | 14 | 64 |
Pricing History
Listed for Sale
Aug 26, 2026
$695,000
Initial Listing
Sold
Dec 22, 2017
$535,000
Public Record
Sold
Oct 16, 2015
$443,500
Public Record
Sold
Jun 29, 2006
$425,000
Public Record