1445 Prefumo Canyon 20, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 2 bed, 2 bath
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San Luis Obispo, California 93405
This Turnkey Condominium is a Prime Investment Opportunity, listed at $680,500—positioned well below the $713,380 Fair Market Value by 4%. This valuation gap offers $32,880 in Instant Equity. Featuring a Turnkey Condition Rating, the residence includes a Granite Kitchen and a Private Enclosed Patio with mountain views. Located in the San Luis Coastal Unified district near Prefumo Canyon trails, it balances lifestyle with financial upside. This is an ideal match for Owner-Occupants or first-time buyers seeking move-in ready value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1445 Prefumo Canyon 20 Subject | $667,000* List Price | 2 | 2 | 1,265 | $538 | - |
A 11295 Los Osos Valley Rd Sold | $575,000 | 2 | 2 | 1,130 | $509 | 0.3 mi |
B 11295 Los Osos Valley Road 14 Sold | $475,000 | 2 | 2 | 1,130 | $420 | 0.2 mi |
C 1750 Prefumo Canyon 48 Sold | $510,000 | 2 | 1 | 860 | $593 | 0.2 mi |
D 1106 Oceanaire Active | $675,000 List Price | 2 | 2 | 1,330 | $508 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in turnkey, move-in ready condition with significant recent updates. Improvements include fresh interior paint, new flooring, and updated stainless steel kitchen appliances (including a wine fridge) set against granite countertops. While the home was built in 1985, it has been well-maintained with a roof replacement in 2017 and newer Milgard windows. The bathrooms feature new toilets but retain some older vanity surfaces, and the overall renovation, while extensive and recent, does not constitute a full 'down-to-the-studs' modern rebuild required for an excellent rating.
The property is move-in ready with significant 2026 updates including fresh interior paint, new flooring, a new hot water heater, and newer Milgard windows, complemented by a roof replaced in 2017.
Situated near Prefumo Canyon, Bishops Peak, and Irish Hills trailheads, this location offers exceptional access to world-class hiking and mountain biking, plus a large private enclosed brick patio for outdoor entertaining.
As a HomePath property, it offers a 30-day exclusive 'First Look' period for owner-occupants and up to 3% in closing cost assistance for qualifying first-time buyers through the HomePath Ready Buyer program.
The unit features only one full bathroom and one half-bath, which may be a drawback for buyers or co-habitants seeking the privacy of two full suites.
Laundry hookups are located in the detached one-car garage rather than inside the main living area, presenting a minor convenience issue for daily chores.
Turnkey condo. Two bedrooms, one and a half baths and a detached one car garage. Interior repainted along with some new flooring, hot water heater, toilets and microwave over the stove all done in 2026. Newer Milgard® windows. Kitchen features granite counter tops with breakfast bar, stainless steel dishwasher, refrigerator and built-in wine/beer fridge. French doors lead to an adjacent, large, private enclosed brick patio with room for entertaining. Roof was replaced in 2017. Detached one car garage with laundry hookups. Mountain biking and hiking all close by on Prefumo Canyon Road, Bishops Peak and Irish Hills trailhead. Also an executive golf course close by. This property is in the Fannie Mae First Look program which provides owner-occupants, public entities, and nonprofits a 30-day exclusive period to bid on HomePath foreclosed properties before investors. HomePath Ready Buyer™ Program. Homebuyers who take this online homeownership education course and receive a certificate of completion may receive up to 3% in closing cost assistance when purchasing a HomePath property.
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 | 1,265 | 1,174 | 58% |
| Lot Size | 1,265 | 1,174 | 58% |
| Price | $667.0K | $633.2K | 50% |
| Price per sq ft | $527 | $581 | 25% |
| Built year | 1985 | 1985 | 50% |
| HOA | $400.0 | $397 | 50% |
| Days on market | 42 | 155 | 8% |
Apr 10, 2026
$667,000
$680,500
-2% Price Drop
Initial Listing
Mar 11, 2026
$680,500
Initial Listing
May 14, 2021
$535,000
Public Record
Apr 11, 2017
$425,000
Public Record
Mar 23, 2005
$412,000
Public Record
Aug 6, 2004
$380,000
Public Record
May 31, 2002
$266,500
Public Record
Aug 31, 1999
$148,000
Public Record