1602 Sydney ST, San Luis Obispo, CA 93401
1602 Sydney ST, San Luis Obispo, CA 93401
1602 Sydney ST, San Luis Obispo, CA 93401
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Elite Real Estate Group

Elite Real Estate Group

$1,590,000
Est. payment /mo
3 Beds
2 Baths
1,512 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $1,051

MLS Listing ID 226004897

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1973

Lot Size 7,405 Sqft

Property Sub-Type Single Family Residence

Property Description

A Rare SLO Find: Character, Flexibility & Income Potential in the Desirable Banana BeltDiscover a unique opportunity in San Luis Obispo's desirable Banana Belt, conveniently located near downtown and Sinsheimer Park. Blending Craftsman charm with distinctive architectural details and a private, newly built ADU, this versatile property offers exceptional possibilities for multigenerational living, hosting extended guests, or income generation.Main House Features: - 3 bedrooms, 2 bathrooms, a dedicated laundry room, and a two-car garage. - Architectural character featuring sculptural details, graceful arches, fresh bedroom carpeting, and imported Italian porcelain flooring that offers the look of hand-pressed Saltillo tile with high durability. - Thoughtfully designed kitchen with a handmade Tree of Life backsplash, butcher-block countertops, a copper sink, custom cabinetry with pullouts, stainless steel appliances, and under-cabinet lighting. - Beautifully detailed bathrooms showcasing purpleheart wood framing Italian Carrara marble in the hall bath and a floor-to-ceiling marble shower in the primary suite.Private ADU Features: - Newly built, light-filled 2-bedroom, 2.5-bath ADU attached at the corner of the main house with minimal shared interior walls for optimal privacy. - Luxury vinyl plank flooring throughout, two matching upstairs bedrooms with ensuite bathrooms and soaking tubs, and west-facing sunset views from the living areas, bedrooms, and brand-new redwood deck.-Gorgeous handcrafted Mahogany center island Income Potential & Property Highlights: - Estimated ADU rental income of $3,500+ per month, with a proven history of approximately $25,000 annually operating the primary suite as an Airbnb homestay. (Note: Buyers to independently verify eligibility, permitting, owner-occupancy requirements, and future usage options). - Situated on a generous ~7,500-square-foot lot featuring a whimsical tree house, tropical landscaping, and an elevated hot tub retreat.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R1

Rooms

Other Rooms Guest House Attached

Interior

Interior Features Cathedral Ceiling(s), Pantry

Heating Solar

Cooling Electric

Flooring Carpet

Fireplaces Type Insert, Living Room, Pellet Stove, Wood Burning Stove

Fireplace Yes

Exterior

Exterior Feature Barbecue, Rain Gutters

Garage Spaces 2.0

Garage Description 2.0

Community Features Park

View Y/N Yes

View Hills

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Landscaped, Level, Near Park, Rectangular Lot

Faces South

Story 2

Entry Level Two

Foundation Slab

Architectural Style Craftsman

Level or Stories Two

Additional Building Guest House Attached

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 003703013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Krista Clearwater Clearwater Real Estate #02085195

Nearby Schools & Businesses

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Elite Real Estate Group

Elite Real Estate Group

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1602 Sydney ST