495 Chorro, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 2 bath
495 Chorro
San Luis Obispo, California 93405
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 495 Chorro Subject | $1,250,000* List Price | 3 | 2 | 1,329 | $828 | - |
A 24 Verde Drive Sold | $1,230,000 | 3 | 2 | 1,633 | $753 | 0.3 mi |
B 441 Kentucky Sold | $1,150,000 | 3 | 2 | 1,202 | $957 | 0.9 mi |
C 236 Hermosa Way Sold | $1,225,000 | 3 | 2 | 1,652 | $742 | 0.7 mi |
D 250 Kentucky Street Sold | $1,610,000 | 3 | 3 | 1,500 | $1,073 | 0.9 mi |
E 551 Hathway Avenue Sold | $1,040,000 | 1,501 | $693 | 0.9 mi | ||
F 321 Jeffrey Drive Active Under Contract | $1,099,000 List Price | 3 | 3 | 1,450 | $758 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1946 home that retains much of its original character, including hardwood flooring and classic moldings. However, the kitchen and bathrooms are dated with older cabinetry, tile work, and appliances that show signs of age. While the home is functional and tidy, it lacks recent extensive renovations, and the vintage systems and 1.5-bath configuration require modernization to meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in a historic, highly walkable neighborhood near Mission Plaza and downtown SLO, offering a premium bike-friendly lifestyle along the North Chorro Greenway.
- ADU Development Potential
The generous 6,534 sq ft lot and detached two-car garage provide an excellent opportunity to create an income-producing ADU or private guest suite.
- Classic Architectural Character
Built in 1946, this home showcases authentic 1940s craftsmanship and mountain views, offering a unique charm that is highly sought after in the SLO market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 1102. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1329, other record living area = 1296.
- Limited Bathroom Configuration
The 1.5-bath layout for a three-bedroom home may be a drawback for modern families or buyers expecting a full primary en-suite at this price point.
- Vintage Infrastructure Needs
Given the 1946 construction, the property likely requires updates to older systems and finishes to meet contemporary energy efficiency and modern living standards.
About 495 Chorro
This charming local gem offers 3 bedrooms and 1.5 baths, showcasing classic 1940s character and craftsmanship throughout. Boasting generously sized bedrooms and a separate dining room, this residence blends classic Central Coast charm with an inviting, comfortable ambiance. Situated on a 6,534 sq ft lot, the property includes a detached two-car garage and a spacious backyard enclosed by a sturdy block wall—perfect to enjoy as a private outdoor oasis or explore the potential for an income-producing ADU. Located in the heart of a historic and centrally located San Luis Obispo neighborhood, this home captures the best of SLO living. Enjoy a highly walkable and bike-friendly lifestyle along the North Chorro Neighborhood Greenway, with Mission Plaza, downtown cafés, restaurants, and local favorites just a short stroll away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,329 | 2,133 | 12% |
| Lot Size | 6,534 | 7,240 | 39% |
| Price | $1.25M | $1.23M | 51% |
| Price per sq ft | $941 | $632 | 92% |
| Built year | 1946 | 1965 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 157 | 2% |
Pricing History
Listed for Sale
Feb 10, 2026
$1,250,000
Initial Listing
Sold
Nov 26, 2008
$3,000
Public Record