
San Luis Obispo, California 93401
This Turnkey Ridgepoint Condominium is a Strong Value Opportunity, listed at $565,000—positioned well below the $639,266 Fair Market Value by 11%. This valuation gap offers $74,266 in Instant Equity for the buyer. Featuring a 2021 Modern Remodel with quartz countertops and luxury vinyl plank flooring, the home maintains an Excellent Condition Rating. With private balconies and hill views, this property offers a premium lifestyle near Cal Poly. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3335 Broad Street 2 Subject | $545,000* List Price | 2 | 2 | 1,190 | $475 | - |
A 1035 Southwood Drive Sold | $560,000 | 2 | 2 | 966 | $580 | 0.5 mi |
B 3802 Ranch House Road 303 Sold | $590,000 | 2 | 2 | 1,030 | $573 | 0.7 mi |
C 1021 Southwood E Sold | $525,000 | 2 | 1 | 892 | $589 | 0.5 mi |
D 1025 Southwood Sold | $495,000 | 2 | 2 | 966 | $512 | 0.5 mi |
E 3335 Broad Street 12 Active | $590,000 List Price | 2 | 2 | 1,190 | $496 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was remodeled in 2021, meeting the <5-year renovation criteria for Excellent. Updates include modern quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and fully remodeled bathrooms. While some original cabinetry remains, the primary surfaces, fixtures, and lighting are in mint, move-in ready condition.
Extensively updated in 2021 with quartz countertops, luxury vinyl plank flooring, and stainless steel appliances, offering a turnkey, move-in ready experience.
The unit features a private patio plus two separate balconies off the bedrooms, providing exceptional indoor-outdoor flow and multiple vantage points for hill views.
Ideally situated with convenient access to Cal Poly, downtown San Luis Obispo, and local beaches, making it highly attractive for both professionals and students.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1190, other record lot size in square feet = 945. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1190, other record living area = 945.
The monthly HOA fee of $515 is relatively high, which significantly impacts the overall monthly carrying costs for the property.
With only 1.5 bathrooms for a two-bedroom unit, the lack of a second full bath may be a drawback for roommates or families seeking more privacy.
** Price Improvement - Motivated seller ** Thoughtfully remodeled in 2021, this stylish Ridgepoint condo offers updated finishes, functional living spaces, and an ideal Central Coast location. The 2 bedroom, 1.5 bathroom home features quartz countertops, stainless steel appliances, luxury plank vinyl flooring, recessed lighting, updated fixtures, and beautifully remodeled bathrooms. The living room is warm and inviting with a cozy fireplace and access to a private outdoor patio, while both bedrooms feature their own private balconies, creating a bright and comfortable retreat. Additional highlights include in-unit laundry hookups, covered carport parking, and multiple outdoor spaces to enjoy the coastal climate. Conveniently located near downtown San Luis Obispo, Cal Poly, shopping, restaurants, beaches, and hiking trails, this move-in ready home offers easy access to everything the Central Coast lifestyle has to offer.
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 | 1,190 | 1,192 | 48% |
| Lot Size | 1,190 | 966 | 58% |
| Price | $545.0K | $739.0K | 18% |
| Price per sq ft | $458 | $580 | 6% |
| Built year | 1982 | 2016 | 9% |
| HOA | $515.0 | $389 | 82% |
| Days on market | 24 | 147 | 9% |
Jun 1, 2026
$545,000
$565,000
-4% Price Drop
Initial Listing
May 13, 2026
$565,000
Initial Listing
Jul 12, 2016
$332,500
Public Record
Jun 29, 2007
$360,000
Public Record
Jun 22, 2004
$303,500
Public Record
May 10, 2002
$220,000
Public Record
Jun 19, 1998
$118,000
Public Record
Feb 9, 1995
$101,000
Public Record