
San Luis Obispo, California 93401
This Modern 2014 Condominium is a Strong Value Opportunity, listed at $575,000—positioned well above the $514,330 Fair Market Value by 11%. While priced at a premium, the property maintains a Good Condition Rating and offers a functional, two-story layout with a private balcony and front patio. Located in the San Luis Coastal Unified district, this home provides a low-maintenance lifestyle near downtown. It is an ideal acquisition for first-time buyers or investors seeking a turnkey asset in a prime, high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 864 Lawrence Subject | $575,000* List Price | 2 | 1 | 825 | $623 | - |
A 1021 Southwood E Sold | $525,000 | 2 | 1 | 892 | $589 | 0.4 mi |
B 1025 Southwood Sold | $495,000 | 2 | 2 | 966 | $512 | 0.3 mi |
C 2230 Exposition 47 Sold | $575,000 | 2 | 2 | 1,026 | $560 | 0.8 mi |
D 1043 Southwood Drive F Active Under Contract | $555,000 List Price | 2 | 1 | 892 | $622 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, this 12-year-old property falls within the 10-20 year age bracket for a Good rating. The home appears well-maintained, functional, and move-in ready with modern recessed lighting and clean interior finishes.
Located near downtown San Luis Obispo, this property offers exceptional access to local dining, shopping, and entertainment, making it highly attractive for students and professionals.
Built in 2014, the home features contemporary design and newer infrastructure, reducing the immediate need for major repairs or system updates often found in older area properties.
The inclusion of both a private balcony off the primary bedroom and a front patio maximizes the usable space and provides desirable outdoor areas for a compact condo.
At 825 square feet for a two-bedroom layout, the interior space is relatively small, which may feel restrictive for some buyers or those with significant furniture.
With only one bathroom serving two bedrooms across a two-story layout, the configuration may present convenience challenges for multi-occupant households or guests.
Discover this charming condo in San Luis Obispo, built in 2014, offering comfort and convenient living. Featuring 2 bedrooms and 1 bathroom, this stylish home is perfectly situated close to downtown, providing easy access to shops, dining, and entertainment. This delightful and well thought out floorplan feels bigger than it looks, The two-story layout includes a spacious primary bedroom with a private balcony. The property also boasts a front patio, perfect for sipping your morning coffee. Additional highlights include a one-car garage, offering secure parking and extra storage. This versatile home is ideal for first-time homebuyers, students, or investors looking for a great opportunity in a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.5 |
| Square foot | 825 | 1,306 |
| Lot Size | 890 | 1,451 |
| Price | $575.0K | $708.5K |
| Price per sq ft | $697 | $558 |
| Built year | 2014 | 1997 |
| HOA | $204.0 | $342 |
| Days on market | 44 | 51 |
Jun 8, 2026
$575,000
Initial Listing
Jul 18, 2014
$163,000
Public Record