
San Luis Obispo, California 93401
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,125,000—positioned well below the $1,317,987 Fair Market Value by 14%. This valuation gap provides $192,987 in Instant Equity. Featuring a Mint Condition Rating with a new roof, ductless HVAC, and solar-ready electrical, the home offers immediate move-in readiness. The expansive 8,682 sqft lot provides significant ADU Potential near Sinsheimer Park. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1411 Sydney Street Subject 3 bd · 1 ba · 1,026 sqft · $1,285 | $1,125,000* List Price | 3 | 1 | 1,026 | $1,285 | - |
A 2061 Ward Street Active 3 bd · 2 ba · 1,200 sqft · $1,000 · 0.9 mi | $1,199,900 List Price | 3 | 2 | 1,200 | $1,000 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone a comprehensive recent renovation (likely <5 years) including a new roof, upgraded electrical with a solar-ready panel, new plumbing, and a new ductless mini-split HVAC system. The interior features fresh paint, updated windows, modern light fixtures, and a refreshed bathroom, meeting the criteria for mint condition with no immediate maintenance needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8682, living area = 1026.
The property features significant capital improvements including a new roof, ductless mini-split HVAC, solar-ready electrical panel, and updated plumbing, ensuring move-in readiness and reduced immediate maintenance costs.
Situated just two blocks from Sinsheimer Park and close to downtown San Luis Obispo and Cal Poly, the home offers exceptional access to recreation, top-rated schools, and local amenities.
With three bedrooms but only one bathroom, the layout may be a drawback for larger families or buyers accustomed to modern multi-bath configurations.
At 1,026 square feet, the living space is relatively small for the $1.125M price point, which may result in a high price-per-square-foot valuation compared to larger area homes.
Mid-century charm takes on a fresh perspective in San Luis Obispo. Built in the 1950s, this three-bedroom home pairs timeless character with thoughtful updates that bring new life to its classic style. Warm wood flooring, large windows, and a red-brick fireplace set the tone in the inviting living area, where the kitchen connects naturally with the main gathering space. Recent improvements include fresh interior and exterior paint, updated baseboards and window trim, new light fixtures, and refreshed finishes throughout. Two bedrooms feature updated closet storage, including a walk-in closet in the primary bedroom, while the third retains its original built-in cabinetry for a touch of vintage character. Major upgrades include a new roof, a ductless mini-split system providing heating and air conditioning, upgraded electrical service with a solar-ready panel, and improvements to the plumbing, windows, doors, and bathroom. The home also features a new concrete back patio, new front porch steps, and brand-new electric washer and dryer. Outside, refreshed landscaping and a fully fenced backyard complement the spacious lot, offering room to garden, entertain, play, or explore future possibilities. The extended driveway provides additional parking, and the property may offer potential for an ADU, subject to applicable City and County requirements. Just two blocks from Sinsheimer Park, enjoy access to tennis and basketball courts, a swimming pool, playground, picnic areas, and baseball diamonds. Nearby schools, Terrace Hill Open Space, downtown San Luis Obispo, and Cal Poly round out a location that makes it easy to enjoy all that SLO has to offer. Whether you're looking for a home with personality, a place to put down roots, or an investment with room to grow, 1411 Sydney Street offers an appealing combination of mid-century character, meaningful improvements, and a generous outdoor setting in a desirable San Luis Obispo neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,026 | 1,906.09 |
| Lot Size | 8,682 | 6,523.766 |
| Price | $1.12M | $1.28M |
| Price per sq ft | $1.1K | $683 |
| Built year | 1952 | 1986 |
| HOA | $0 | $86 |
| Days on market | 4 | 49 |
Oct 20, 2026
$1,125,000
Initial Listing
Feb 11, 2025
$935,000
Public Record
Jun 15, 2015
$589,000
Public Record