4115 Vachell, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 4 bed, 2 bath
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4115 Vachell
San Luis Obispo, California 93401
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,482Sq Ft
18,232Lot Size
Property Price
LIST PRICE$1,000,000
SUMMARY
Welcome to 4115 Vachell Lane! This income property has four bedrooms and 1.75 baths with creative room to spare inside and out! Originally built in 1913 and receiving several updates and expansions over the years. There is a covered front porch with a wheelchair access. A detached garage with partitioned workspace could be utilized for storage, vehicles, or possible ADU (check with the City). The 18,232 sq. ft. lot gives you the ability to shape this into a beautiful garden setting and while offering abundant parking. The home could be partitioned off for rental flexibility with three entrance points. While within the city limits, Vachell Lane has it's very own well for low cost watering with no meter. Conveniently located near Trader Joes, the airport, and easy freeway access. Come see it today!
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was originally built in 1913 and, while functional, shows signs of aging and dated renovations likely exceeding 20 years. Interior images reveal dated tile work and basic finishes, while the exterior wood stairs and gravel lot show significant wear, indicating a need for modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18232, living area = 1482.
- Development & ADU Potential
The expansive 18,232 sq. ft. lot includes a detached garage with a partitioned workspace, offering a prime opportunity for an ADU conversion or significant landscaping projects.
- Rental Income Flexibility
With three separate entrance points and a layout conducive to partitioning, the property offers excellent versatility for generating multiple streams of rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1482, other record living area = 1312.
- Vintage Infrastructure
Originally built in 1913, the property may require specialized maintenance or modernization of older systems that are typical for a home of this era.
- Limited Bathroom Ratio
The configuration of 1.75 bathrooms for a four-bedroom home may be insufficient for high-occupancy rental scenarios or modern family needs.
About 4115 Vachell
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1913
- Lot Size
- 18,232 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,482 | 1,906.09 |
| Lot Size | 18,232 | 6,523.766 |
| Price | $1.00M | $1.28M |
| Price per sq ft | $675 | $683 |
| Built year | 1913 | 1986 |
| HOA | $0 | $86 |
| Days on market | 43 | 49 |
Pricing History
Listed for Sale
Oct 6, 2026
$1,000,000
$1,200,000
-17% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$1,200,000
Initial Listing