171 Buena Vista Avenue, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 4 bed, 2 bath
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San Luis Obispo, California 93405
This 1951 Fixer-Upper serves as a high-utility Value-Add Asset in the premier San Luis Obispo market. Listed at $975,000, the property is priced near its $929,618 Fair Market Value. Featuring a Condition Score of 5, the home requires substantial renovation but offers significant upside through its 4-bedroom layout and 6,970 sq ft lot. Enhanced by Hills and Trees views, a deck, and a patio near Cal Poly, this property is positioned for maximum ROI. It is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1951, this property is explicitly marketed as a fixer-upper requiring significant renovation. While some living areas have updated laminate flooring, the kitchen is highly outdated with original-style cabinetry and tile countertops. Furthermore, images reveal at least one room in a completely unfinished state with exposed plywood subflooring and unfinished walls. The listing's emphasis on 'sweat equity' and the need for a 'tool belt' confirms that major systems and cosmetic elements require substantial rehabilitation.
Situated just minutes from Cal Poly and downtown San Luis Obispo, this property is in a high-demand area with excellent long-term appreciation potential and proximity to local amenities.
With a spacious 4-bedroom, 2-bathroom layout in a sought-after neighborhood, the home is perfectly positioned to capitalize on the strong local student and professional rental market.
As a 'blank canvas' fixer-upper, this property offers investors and DIYers a rare opportunity to build substantial equity through strategic renovations and modernization.
The property is marketed as a project requiring significant work, meaning buyers must budget for substantial time and capital investment to make it habitable or market-ready.
Built in 1951, the home likely requires updates to major systems such as plumbing, electrical, or roofing to meet modern standards and ensure long-term durability.
Investor's Dream in Prime San Luis Obispo Location! 4 Beds | 2 Baths | 1,552 Sq Ft Opportunity is knocking in one of San Luis Obispo's most sought-after neighborhoods—just minutes from Cal Poly and vibrant downtown SLO! This 4-bedroom, 2-bath, 1,552 sq ft home offers major income potential and is ideal for investors, DIYers, or anyone ready to roll up their sleeves and unlock its full potential. Bring your tool belt and imagination—this property is a blank canvas ready to be transformed into the perfect living space, rental income property, or multi-generational home. The flexible floor plan offers endless possibilities to suit your unique needs. Whether you're looking to invest, flip, or settle into a custom creation, this is a rare chance to own in a location that continues to grow in popularity and value. Highlights: • Prime location near Cal Poly & downtown SLO • Spacious 4-bedroom layout • High rental demand area • Excellent bones with room to update & expand • Huge potential for sweat equity Don't miss this incredible opportunity to make your mark in one of the Central Coast's most desirable zip codes. Your future starts here. All information deemed reliable but not guaranteed. Buyer to verify.
No exterior & parking available.
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| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,552 | 1,868.5 | 28% |
| Lot Size | 6,970 | 6,706.5 | 57% |
| Price | $975.0K | $1.26M | 17% |
| Price per sq ft | $628 | $690 | 39% |
| Built year | 1951 | 1971 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 140 | 2% |
Mar 25, 2026
$975,000
Initial Listing