1531 Monterey Street San Luis Obispo, CA
$ 1,595,000
Property Attributes
  • MLS#SC21132855
  • TypeContingent
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • NeighborhoodSan Luis Obispo
  • Zip93401
  • StyleMixed Use
  • Price$ 1,595,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2929
  • Lot Size6,528 SqFt
Listing Provided Courtesy Of:
Derek Senn with Anderson Commercial RE Service - 805-801-7352
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

A truly unique art deco mixed-use building located in the heart of San Luis Obispo. The upstairs consists of an immaculate, fully furnished 2 bedroom flat with an expansive outdoor patio, while the ground floor consists of an approximately 2,000 SF commercial space with high ceilings. The ground floor has most recently functioned as a café, art gallery, and performance space. All furnishings and fixtures in the upstairs residence will be included. Each item in the apartment was meticulously chosen to comport with the art-deco architecture. Amenities include custom tile and plumbing fixtures, dimmable lights, and refinished hardwood floors. The residence is a licensed vacation rental with continuous bookings, rave reviews, and super-host status. It can continue to function as a vacation rental or be used as a full-time residence. The property is zoned C-T (Tourist Commercial) which allows for an assortment of retail and hospitality uses on the ground floor. There are conceptual plans to remodel the ground floor into three large hotel suites with a lobby and reception area, if so desired by a new owner. Other options include continuing to use the space as a café, art gallery, or retail space.

Price History
6/22/2021 Listed $1,595,000

General Features

Community Features Urban
Cooling Central Air
Garage Spaces 4
Garage Y/N Yes
High School District San Luis Coastal Unified
Interior Features Multiple Staircases, All Bedrooms Up
Levels Two
Listing Agent Derek Senn - BRE#01252131
Listing Agent State License 01252131
Lot Size Square Feet 6528
MLS Area SLO - San Luis Obispo
Pool Features None
Property Sub Type Additional Mixed Use
Property SubType Mixed Use
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active Under Contract
Stories 2
Structure Type Mixed Use
Subdivision Name San Luis Obispo(380)
Terms Cash, Cash to New Loan
Total Units 2
View Hills
Virtual Tour
Zoning CT

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features None
Full Baths 2
Half Baths 1
Laundry Features Stacked, Upper Level
Living Area 2929
Main Level Bathrooms 1
Total Baths 3
Total Bedrooms 2

Exterior Features

Lot Features 2-5 Units/Acre
Lot Size Acres 0.15
Lot Size Area 6528
Lot Size Source Assessor
Lot Size Units Square Feet
Total Parking 4
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 93401

AVG $1.68M
AVG 133
Year Built
AVG 1962
AVG 70
Data Provided by Walkscore ® not using MLS data

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