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1527 Royal Way
San Luis Obispo CA 93405 US

$2,599,000

Active Listing ID PI24219494
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8 bed
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8.00 Bath (4 Full , 4 Half)
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Lot: 10,500.00 Square Feet
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Quadruplex

$2,599,000

Active Listing ID PI24219494
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1527 Royal Way This 4 unit luxury apartment complex is a rare find. It is centrally located close to shopping and an easy commute to Cal Poly. All units are 2 bedroom 2 bath townhouse style. Each unit has a fireplace, indoor laundry with washer & dryer. All units also have 2 outdoor private enclosed patios one in front and back. Unit 1 and 4 have extra large outdoor area. 3 skylights in each unit, oak staircase in 3 units. All new windows including 2 - 8ft patio doors in each unit. Custom 8 ft mirror closet doors in each unit and custom 8ft door at the guest closet at the entrance. All laminated floors and tile bathrooms, for easy upkeep. Sunken large tub - combination of tub/shower. The Foyer has 36 ft high ceiling with skylights. Kitchen has 36 ft high ceiling and a skylight. 2 parking spaces for each unit. Additional lot on the left side that could take a trailer or RV with pull out. Lot has electric plug for the RV and is possible to connect to the existing sewer line. The parking lot was recently refinished. The complex is 5 mi to Cal-Poly , 5-mi to Avila beach, Costco, Target, Home Depot are very close. As you can see these are quality, turn key units with an annual gross income of over $151, 000. All 4 units are on annual leases that started mid-August 2024 until mid-August 2025 with options to renew leases. Large lot 10, 500 sq ft, view of the mountains from several bedrooms. If you would like more information on this fantastic property, please call Jim Kelsey, with Century 21 Hometown Realty, at 805-709-4828.

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Property Features

  • Facts
  • Lot Size: 10,500.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 4
  • Cooling System: None
  • Exterior Finish: Fence, Community Features Included: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Gutters, Park, Sidewalks, Street Lights, 11-15 Units/Acre
  • Floor Covering: Tile, Vinyl
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 2599000
  • unparsedaddress: 1527 Royal Way
  • postalcity: San Luis Obispo
  • stateorprovince: CA
  • country: US
  • postalcode: 93405
  • bathroomsfull: 4
  • bathroomshalf: 4
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.241046831955923
  • lotsizeunits: Square Feet
  • lotsizearea: 10500
  • livingarea: 4544
  • livingareaunits: Square Feet
  • listagentfullname: James Kelsey
  • listagentemail: jim.kelsey1@gmail.com
  • listagentkey: 3yd-MRMLSCA-PI01354722
  • listagentmlsid: PI01354722
  • listagentpreferredphone: 8057094828
  • listagentofficephone: 8054892100
  • listofficekey: 3yd-MRMLSCA-PI2326
  • listagentstatelicense: 01354722
  • listofficemlsid: PI2326
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1971
  • listingcontractdate: 2024-10-23
  • listagenturl: https://www.c21home.com
  • countyorparish: San Luis Obispo
  • parcelnumber: 053102008
  • cooling: None
  • flooring: Tile, Vinyl
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • parkingfeatures: Assigned, Driveway
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • interiorfeatures: Formica Counters, High Ceilings
  • exteriorfeatures: Fence, Community Features Included: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Gutters, Park, Sidewalks, Street Lights, 11-15 Units/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Hometown Realty REA", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jim.kelsey1@gmail.com", "ListBrokerageCity":"Pismo Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Sold@AprilMoulton.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Hometown Realty REA", "ListBrokeragePhone":"(805) 773-2100", "ListBrokeragePostalCode":"93449", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1401 Dolliver Street, Suite #101", "ListBrokerageWebsiteUrl":"https://www.c21home.com", "ListOfficeAddress1":"102 Bridge Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"pi01450133", "ListOfficeCity":"Arroyo Grande", "ListOfficeCountry":"US", "ListOfficeEmail":"romeo@c21realestate.com", "ListOfficePostalCode":"93420", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - San Luis Obispo, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1527-Royal-Way_San-Luis-Obispo_CA_93405_M26771-41153?f=listhub&s=MRMLSCA&m=PI24219494&c=rexren", "MLSModificationTimestamp":"2024-10-23T08:12:55Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/15/2025 12:56:03 AM GMT
Source Updated Date: 2/21/2025 6:51:39 AM GMT

Courtesy of: James Kelsey, Century 21 Hometown Realty, Arroyo Grande Office, jim.kelsey1@gmail.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.