
San Luis Obispo, California 93401
This property presents a Strong Value Opportunity, listed at $699,000—positioned well below the $640,921 Fair Market Value (Note: List price exceeds market value). With a Condition Rating of 5, the home features original 1976 finishes, offering significant potential for forced appreciation through interior modernization. Residents benefit from premium community amenities, including a pool and tennis courts, alongside a private backyard deck. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic renovations in a prime San Luis Obispo location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67 Contenta Court Subject | $649,000* List Price | 3 | 2 | 1,293 | $482 | - |
A 75 Contenta Court Sold | $751,800 | 4 | 2 | 1,742 | $432 | 0.1 mi |
B 88 Los Verdes Sold | $801,000 | 4 | 2 | 1,587 | $505 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 and showing mostly original finishes; the bathroom features a dated vanity, old light fixtures, wallpaper, and popcorn ceilings, suggesting the property requires a full interior rehab to meet modern standards.
Located in Los Verdes Park II, residents enjoy premium facilities including a swimming pool, tennis and basketball courts, a fitness center, and scenic walking paths, offering a resort-like lifestyle.
The property is ideally situated minutes from the San Luis Obispo Public Market and vibrant downtown SLO, providing convenient access to top-tier dining, shopping, and entertainment.
The well-designed floor plan features high ceilings and sliding glass doors in both the dining area and primary suite, creating an inviting connection to the private backyard deck.
The monthly HOA fee of $420 is a significant recurring cost that may impact the debt-to-income ratio for some buyers or deter those seeking lower carrying costs.
Built in 1976, the home may require updates to its original finishes and systems to meet the aesthetic and efficiency standards of modern buyers.
Introducing the "Los Verdes Retreat," a charming 3-bedroom, 2-bathroom home nestled within the highly desirable Los Verdes Park II community of San Luis Obispo. This inviting residence offers a 2-car attached garage, private driveway, and a well-designed floor plan that combines comfort, functionality, and everyday convenience. Inside, a bright living room with a cozy fireplace and high ceilings flows seamlessly into the dining area, where sliding glass doors open to a backyard deck, creating an inviting connection between the indoor and outdoor living spaces. The kitchen offers abundant storage with ample cabinetry, creating a practical and welcoming space for everyday living. The primary bedroom offers a comfortable retreat with sliding doors providing direct access to the backyard deck. The private en-suite bathroom features additional storage, generous closet space, and a tiled walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or other needs, while the second full bathroom features a convenient shower-in-tub combination. Ideally located just minutes from the San Luis Obispo Public Market, vibrant downtown SLO, local shopping, dining, and entertainment, this home offers convenient access to all that San Luis Obispo has to offer. Residents of Los Verdes Park II also enjoy an array of community amenities, including a swimming pool, playground, tennis courts, basketball court, fitness center, and scenic walking paths throughout the neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,293 | 1,868.778 |
| Lot Size | 3,600 | 6,365.978 |
| Price | $649.0K | $1.27M |
| Price per sq ft | $502 | $676 |
| Built year | 1976 | 1986 |
| HOA | $420.0 | $91 |
| Days on market | 28 | 49 |
Aug 21, 2026
$649,000
$699,000
-7% Price Drop
Initial Listing
Aug 12, 2026
$699,000
Initial Listing