137 E Foothill Boulevard, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 1 bath
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137 E Foothill Boulevard
San Luis Obispo, California 93405
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,003Sq Ft
6,300Lot Size
Property Price
LIST PRICE$889,000
EST. MARKET VALUE
$919,884
3% BelowMARKET VALUE
SUMMARY
This Hybrid Single Family Residence is a Strong Value Opportunity, listed at $939,000—positioned well below the $946,315 Fair Market Value by 0.77%. This valuation gap offers $7,315 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home includes modern efficiency upgrades like solar and mini-splits, though the kitchen offers room for cosmetic modernization. With its proximity to Cal Poly and scenic mountain views, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset.
Estimated Market Value
$919,884+$30,884 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 137 E Foothill Boulevard Subject 3 bd · 1 ba · 1,003 sqft · $917 | $889,000* List Price | 3 | 1 | 1,003 | $917 | - |
A 131 Ramona Drive Sold 3 bd · 1 ba · 1,003 sqft · $937 · 0.1 mi | $940,000 | 3 | 1 | 1,003 | $937 | 0.1 mi |
B 71 Rafael Way Sold 3 bd · 2 ba · 1,160 sqft · $849 · 0.4 mi | $985,000 | 3 | 2 | 1,160 | $849 | 0.4 mi |
C 25 Chorro Sold 2 bd · 1 ba · 950 sqft · $868 · 0.8 mi | $825,000 | 2 | 1 | 950 | $868 | 0.8 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 1953, the home features a highly dated kitchen with vintage cabinetry and countertops that require modernization. However, the property is functional and move-in ready with updated laminate flooring and notable system upgrades, including mini-split HVAC units and a solar system.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just minutes from Cal Poly, this property offers exceptional convenience for students, faculty, or investors seeking high rental demand in a desirable San Luis Obispo neighborhood.
- Scenic Outdoor Living
The oversized lot features stunning views of Bishop Peak and Madonna Mountain, complemented by a brick patio, fish pond, and rainwater catchment system for a unique retreat.
- Modern Efficiency Upgrades
Equipped with energy-saving leased solar panels and mini-split systems in key living areas, the home ensures year-round comfort while maintaining lower utility costs.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the layout may present logistical challenges for families or multiple occupants, potentially impacting daily convenience.
- Compact Living Space
At just 1,003 square feet, the home's mid-century footprint is relatively small, which may feel restrictive for buyers looking for more expansive interior living areas.
About 137 E Foothill Boulevard
A charming 3 bedroom, 1 bath home with a 1-car garage, set on a large lot just minutes from Cal Poly. Mini splits in the living room and largest bedroom keep those spaces comfortable year-round, and the leased solar system helps keep energy costs down. Enjoy views of Bishop Peak from the front and Madonna Mountain from the back, where a brick patio offers a great spot to relax or entertain. The backyard also features a rainwater catchment system, a small fish pond, and two storage sheds for tools, hobbies, or extra storage, plus plenty of room to spread out on the oversized lot. A rare find in an established neighborhood, come see what makes this property special.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 1.0 | 3.0 |
| Square foot | 1,003 | 1,906.09 |
| Lot Size | 6,300 | 6,523.766 |
| Price | $889.0K | $1.28M |
| Price per sq ft | $886 | $683 |
| Built year | 1953 | 1986 |
| HOA | $0 | $86 |
| Days on market | 39 | 49 |
Pricing History
Listed for Sale
Oct 7, 2026
$889,000
$939,000
-5% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$939,000
Initial Listing