416 Sandercock Street, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 1 bath
416 Sandercock Street
San Luis Obispo, California 93401
Property Price
SUMMARY
Analysis of 416 Sandercock Street, San Luis Obispo, California 93401 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $740,000 Fair Market Value by 5%. This valuation gap indicates a +$41,000 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Luis Obispo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 Sandercock Street Subject | $699,000* List Price | 2 | 1 | 594 | $1,246 | - |
A 1010 Church Street Sold | $890,000 | 2 | 1 | 658 | $1,353 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1920, this property has undergone an extensive and high-quality renovation within the last few years. The interior features modern upgrades including a kitchen with granite countertops, custom cabinetry, and stainless steel appliances, along with updated wood flooring and dual-pane windows. Major system improvements like a new sewer line and meticulously curated outdoor living spaces with a new deck and firepit indicate the home is in like-new condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Historic Charm
This 1920s Craftsman cottage has been beautifully renovated with high-end finishes including granite countertops, custom cabinetry, and stainless steel appliances, blending classic character with modern convenience.
- Exceptional Outdoor Living
The property maximizes its footprint with thoughtfully designed outdoor spaces, featuring a fenced front deck and a private rear patio equipped with a firepit, built-in seating, and raised garden beds.
- Prime Downtown Proximity
Ideally located in a quiet neighborhood just moments from downtown San Luis Obispo, offering easy access to premier shopping, dining, and local schools.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 594 square feet, the home's petite scale may be restrictive for buyers requiring more living area or significant indoor storage.
- Small Lot Size
The 1,750 square foot lot is quite compact, which limits privacy from neighbors and provides minimal potential for future structural expansions.
About 416 Sandercock Street
Charming Craftsman style 2 bedroom cottage near downtown San Luis Obispo. This beautifully renovated 2 bedroom, 1 bath home may be petite in size, but it lives large with thoughtfully maximized indoor and outdoor spaces designed for comfort, entertaining, and gardening. A welcoming fenced front deck offers the perfect spot for morning coffee or relaxing evenings. Inside, you will find warm wood floors, custom cabinetry, granite countertops, stainless steel appliances, ceiling fans, and convenient indoor laundry. Additional upgrades include dual-pane windows and a new sewer line. The private back patio features a firepit with built-in seating, raised container garden beds, and a large shed for additional storage. Every inch of the lot has been thoughtfully curated to create inviting and usable outdoor living spaces. Ideally located in a quiet neighborhood just moments from downtown, shopping, and schools, this delightful property offers charm, efficiency, and lifestyle all in one.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 1,750 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 22% |
| Baths | 1.0 | 3.0 | 17% |
| Square foot | 594 | 1,722 | 1% |
| Lot Size | 1,750 | 6,000 | 3% |
| Price | $699.0K | $1.17M | 9% |
| Price per sq ft | $1.2K | $660 | 97% |
| Built year | 1920 | 1994 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 177 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$699,000
$740,000
-6% Price Drop
Initial Listing
Price Change
Feb 19, 2026
$740,000
Initial Listing
Sold
Nov 15, 2016
$437,000
Public Record
Sold
Jul 2, 2015
$237,500
Public Record