1023 Walnut St , San Luis Obispo, CA 93401
$950,000
Est. Payment: $4,797.22/mo
2 Bed
2 Bath
1400 Sqft
Status: active | Days on site: 90
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House Description

Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor plan, modern finishes, and a fresh, contemporary feel. The remodeled kitchen opens seamlessly to the living space and features white cabinetry, updated countertops, and a large peninsula perfect for casual dining or entertaining. A beautifully renovated bathroom includes a spacious walk-in tiled shower, while the private deck provides a peaceful spot to enjoy your morning coffee, unwind in the evening, or take in the surrounding hillside views. The second unit offers its own distinct character and comfortable living space, creating excellent potential for rental income, guest accommodations, or multi-generational living. This unit features original hardwood floors, wood paneling, and several windows for lots of natural light. Separate outdoor areas give each residence a sense of privacy and independence. This property is set on a generously sized lot with off-street parking, mature landscaping, and multiple outdoor gathering spaces. Each unit has access to a garage and their own washer and dryer. This structure could be converted into an ADU for even more rental income potential. Check with the city for future development opportunities. The versatile layout allows future owners to ma

Highlights

Listed by Owen Schwaegerle , 805-215-5063 The Schwaegerle Team , 805-776-3036. San Diego County Multiple Listing Service mls logo

Property Type

Condo/Townhome

Lot/Acreage
0.12

Year Built

1948

County

San Luis Obispo

Neighborhood

San Luis Obispo(380)

Listing ID

SC26128081

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Microwave, Refrigerator, Gas Range
Air Cond:N/K
Fireplaces:N/K
Floor:Linoleum/Vinyl,Wood
Other:Public

Exterior Features

Garage Capacity:2
Roof:Asbestos Shingle
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$4,797
Taxes
$606

Home Price

$950,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,797.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,797.22 $605.63 $0.00 $5,402.85
Yearly $57,566.65 $7,267.50 $0.00 $64,834.15
Total $1,726,999.64 $218,025.00 $0.00 $1,945,024.64

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Luis Obispo, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T22:38:39.000Z

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