
San Luis Obispo, California 93401
This Turnkey Condominium represents a Strong Value Opportunity, listed at $585,000—positioned well above the $551,006 Fair Market Value. While priced at a premium, the property maintains a Condition Rating of 3, featuring modern updates like dual-pane Milgard windows and refreshed flooring. Residents benefit from a prime location near Downtown San Luis Obispo, complemented by community amenities including a pool, spa, and clubhouse. This well-appointed residence is an ideal choice for first-time buyers or Owner-Occupants seeking a move-in ready lifestyle in a highly walkable urban setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 570 Peach 13 Subject | $585,000* List Price | 2 | 2 | 918 | $600 | - |
A 570 Peach Street 25 Sold | $599,000 | 2 | 2 | 918 | $653 | 0.0 mi |
B 680 Chorro Street 22 Sold | $490,000 | 2 | 1 | 878 | $558 | 0.2 mi |
C 680 Chorro Street 5 Sold | $499,000 | 2 | 1 | 878 | $568 | 0.2 mi |
D 2230 Exposition 47 Sold | $575,000 | 2 | 2 | 1,026 | $560 | 0.9 mi |
E 570 Peach 28 Active | $579,000 List Price | 2 | 2 | 918 | $631 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property has been significantly updated with new flooring, dual-pane Milgard windows, and a refreshed galley kitchen. It is described as move-in ready and well-maintained, aligning with the criteria for a 5-15 year renovation age.
Situated just blocks from Downtown San Luis Obispo, this property offers exceptional walkability to the city's premier dining, shopping, and cultural attractions.
The condo features vaulted ceilings, updated flooring, and dual-pane Milgard windows, providing a contemporary, move-in-ready aesthetic with an open and airy feel.
The inclusion of two dedicated parking spaces—one covered—along with a private outdoor storage closet adds significant value and convenience for urban living.
The monthly HOA fee of $500 is a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
Constructed in 1975, the complex may require ongoing maintenance or future capital improvements to common areas compared to newer residential developments.
This beautifully updated 2-bedroom, 2-bath condo is just a few blocks from Downtown San Luis Obispo. The upper-level location offers added privacy and an open, airy feel enhanced by vaulted ceilings. Ideally situated within the Mission Gardens complex, the home enjoys views of the pool from the living room and balcony. Interior features include updated flooring throughout, dual-pane Milgard windows and a galley kitchen with a breakfast bar. All appliances are included, making the home move-in ready. Residents of Mission Gardens enjoy access to community amenities including a pool, spa, and clubhouse. The property also includes two dedicated parking spaces — one covered carport and one uncovered space — along with a private outdoor storage closet. Experience the convenience of Downtown SLO living in this inviting, well-appointed condo.
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 | 918 | 1,192 | 24% |
| Lot Size | 918 | 966 | 48% |
| Price | $585.0K | $739.0K | 30% |
| Price per sq ft | $637 | $589 | 64% |
| Built year | 1975 | 2016 | 3% |
| HOA | $500.0 | $389 | 76% |
| Days on market | 29 | 147 | 9% |
May 8, 2026
$585,000
Initial Listing
Aug 31, 2005
$405,000
Public Record
May 26, 2000
$172,500
Public Record