1326 Cecelia Court, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 3 bed, 2 bath
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1326 Cecelia Court
San Luis Obispo, California 93401
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,410Sq Ft
7,750Lot Size
Property Price
LIST PRICE$975,000
EST. MARKET VALUE
$933,897
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $975,000—positioned well above the $933,898 Fair Market Value by 4%. While the home carries a Fair Condition Rating due to its original 1960s interior, the 7,750 sqft lot offers significant Development Potential for an ADU or Junior ADU. Located in the desirable "Banana Belt" with Terrace Hill views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic modernization.
Estimated Market Value
$933,897
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 |
|---|---|---|---|---|---|---|
★ 1326 Cecelia Court Subject | $975,000* List Price | 3 | 2 | 1,410 | $662 | - |
A 1415 Smith Sold | $825,000 | 3 | 2 | 1,674 | $493 | 0.1 mi |
B 2915 Johnson Sold | $980,000 | 3 | 2 | 1,547 | $633 | 0.5 mi |
C 1329 Beach Sold | $1,075,000 | 2 | 2 | 1,343 | $800 | 1.0 mi |
D 578 Buchon Street Active | $985,000 List Price | 2 | 2 | 1,682 | $586 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1963, this 61-year-old property is described as having 'honest 1960s character' and 'good bones,' which indicates that the kitchen, bathrooms, and major systems are likely original and have not been updated in over 50 years. Per the criteria, an original structure of this age requiring a full rehab of its dated interior falls into the poor category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Microclimate & Location
Situated in the highly desirable 'Banana Belt' of San Luis Obispo, the property enjoys a warmer microclimate and a quiet cul-de-sac position within walking distance to Sinsheimer Park and downtown amenities.
- Development Potential
The spacious 7,750 square foot level lot provides significant opportunity for expansion, including the potential to add both an ADU and a Junior ADU to maximize property value.
- Functional Single-Level Layout
The home features a well-conceived floor plan with a separated primary suite for enhanced privacy, offering the ease of single-level living that appeals to a wide range of buyers.
CONSRISKS & DEFICIENCIES
- Original 1960s Condition
Retaining its 'honest 1960s character,' the home likely requires significant cosmetic updates and modernization to meet the standards of contemporary luxury buyers.
- Compact Living Area
At 1,410 square feet, the interior living space may feel restrictive for larger families or those accustomed to more expansive modern residential footprints.
About 1326 Cecelia Court
Welcome to the Banana Belt, that warm pocket of San Luis Obispo tucked off Johnson Avenue where the fog tends to lift first. This single level 1963 Ranch sits at the end of Cecelia Court, a quiet cul de sac with Terrace Hill just beyond the rooftops. Sinsheimer Park is around the corner, which here means summer evenings at the stadium watching the SLO Blues, laps at the swim center, tennis courts and ball fields, with downtown and the Thursday night farmers market minutes away. Inside are 3 bedrooms and 2 bathrooms, with the primary bedroom and bath set apart so there is real separation under one roof, and good bones and honest 1960s character throughout. Outside, an established yard with mature citrus and drought tolerant planting leaves room for raised beds, a workshop, or an ADU and junior ADU to explore with the city. Come see it in person, showings are open now.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 7,750 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,410 | 1,868.778 |
| Lot Size | 7,750 | 6,365.978 |
| Price | $975.0K | $1.27M |
| Price per sq ft | $691 | $676 |
| Built year | 1963 | 1986 |
| HOA | $0 | $91 |
| Days on market | 22 | 49 |
Pricing History
Listed for Sale
Aug 18, 2026
$975,000
Initial Listing