
San Luis Obispo, California 93401
This property presents a High-Potential Investment Opportunity with a List Price of $620,000—positioned well above the $573,695 Fair Market Value by 8%. While the property lacks immediate equity, its Premium Parkside Location and Vaulted Ceilings provide a strong foundation for value-add renovations. Given the Fair Condition Rating and dated 1985 interiors, this asset requires cosmetic modernization to reach its full potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project in a prime San Luis Obispo community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2230 Exposition 29 Subject 2 bd · 2 ba · 1,067 sqft · $531 | $599,000* List Price | 2 | 2 | 1,067 | $531 | - |
A 2230 Exposition 47 Sold 2 bd · 2 ba · 1,026 sqft · $560 · 0.1 mi | $575,000 | 2 | 2 | 1,026 | $560 | 0.1 mi |
B 2221 King Court 40 Active 2 bd · 2 ba · 1,229 sqft · $528 · 0.1 mi | $649,000 List Price | 2 | 2 | 1,229 | $528 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (>30 years old) with mostly original features. The kitchen and bathrooms are significantly dated, featuring 80s-era wallpaper, oak vanities, and older appliances that require a full cosmetic rehab.
This unit occupies a superior position within the Woodbridge Meadows complex, backing directly onto a park with a private deck and lush greenery, offering a rare sense of privacy and outdoor connection.
The main living area features vaulted ceilings and a fireplace, creating an open, airy atmosphere that makes the 1,067-square-foot interior feel more spacious and inviting.
The property includes an attached one-car garage with internal laundry and extra storage, providing significant utility and security compared to units with detached parking.
Built in 1985 and lacking mention of recent renovations, the interior may require cosmetic updates or appliance upgrades to meet modern luxury standards.
With only 1.5 bathrooms serving two bedrooms, the layout may be less convenient for roommates or guests compared to units offering two full bathrooms.
Welcome to 2230 Exposition Dr. #29, a two-story condo in the desirable Woodbridge Meadows community of San Luis Obispo. This 2-bedroom, 1.5-bath home sits in a premium location backing the park, with a private deck for morning coffee or a barbecue and plenty of greenery. The main level has an open living and dining area with vaulted ceilings, a fireplace, and a slider out to the deck. The kitchen sits just off the living space and has plenty of cabinet storage and a window over the sink. Upstairs you’ll find two bedrooms and a full bath. An attached one-car garage includes laundry and extra storage. Woodbridge Meadows is close to Meadow Park, the South Hills trails, downtown SLO, shops, and dining. A convenient Central Coast location with a setting that is hard to find in the complex.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,067 | 1,139.484 |
| Lot Size | 1,067 | 1,191.161 |
| Price | $599.0K | $758.3K |
| Price per sq ft | $561 | $592 |
| Built year | 1985 | 1988 |
| HOA | $341.0 | $397 |
| Days on market | 39 | 62 |
Sep 29, 2026
$599,000
$620,000
-3% Price Drop
Initial Listing
Sep 15, 2026
$620,000
Initial Listing
Jul 19, 2023
$602,000
Public Record