165 Cerro Romauldo

San Luis Obispo, CA, 93405
For Sale $1,188,000
  • 0.11acre
Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Kristin Lachemann with Comet Realty
(805) 546-9925
165 Cerro Romauldo is a Residential Income Single Family Residence property located in San Luis Obispo, California, featuring a 0.115 acre lot, MLS #SC25253370.

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Data last modified: 2025-11-10 14:10:50