San Luis Obispo, CA 93405 311 Longview Lane
$4,500,000
24 more
Presented By: Matt Gullage with Irish Hills Realty Inc; gmattgullage@gmail.com
Beds • 12
Baths • 4
SQFT • 5,272
Year Built • 1972
Home Details
First time ever on the sales market !
This income property has been owned by the same family for decades.
This large well maintained four plex is ideally located near Cal Poly (two blocks away).
Each of the four two story units includes three bedrooms and two baths. Each unit is approximately 1318 square feet (larger than some homes).
Upstairs features include a large family room-with large sliding glass doors that emit natural light-and open to an outdoor balcony. Also upstairs is a large kitchen with updated appliances and solid countertops ; an informal dining area; a large primary bedroom -with a large walk in closet and large ensuite bathroom.
Downstairs features include two large bedrooms, a laundry room,a large bathroom. Also downstairs is access to outdoor private patio. Each bedroom includes large closets. Also downstairs is access to the exterior private back patio area.
There are also large windows on the front of each unit that also allows additional natural light.
There are three designated parking spots for each unit in the large common parking area.
Each unit pays its own utilities-except for water and trash.
Don't miss this opportunity to get this close to Cal Poly with a large and very well maintained income property.
Presented By: Matt Gullage with Irish Hills Realty Inc; gmattgullage@gmail.com
Interior Features for 311 Longview Lane
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Window FeaturesBlinds, DoublePaneWindows, InsulatedWindows, Screens
Other Rooms
Entry Level1
General for 311 Longview Lane
AccessibilityAccessibleDoors
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricOven, ElectricRange, Disposal, VentedExhaustFan, WaterHeater
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CitySan Luis Obispo
Community FeaturesBiking, Curbs, Foothills, Gutters, Hiking, StreetLights, Suburban
Construction MaterialsAsphalt, Block, Drywall, Concrete, Stucco
CoolingNone
CountySan Luis Obispo
Current FinancingNone
DirectionsEast end of Longview ln
DisclosuresSellerWillPaySec1Termite
Electric Expense0.0
Electric On Property Y/NNo
Entry Locationstair landing
Exterior FeaturesRainGutters
Facing DirectionNorth
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingForcedAir, NaturalGas
Home Warranty Y/NNo
Insurance Expense6000.0
Interior FeaturesBalcony, GraniteCounters, GalleyKitchen, PrimarySuite, UtilityRoom, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet10500.0
Lot Size UnitsSquareFeet
MLS AreaSLO - San Luis Obispo
MaintenanceExpense10255.0
MobileHomeRemainsYNNo
Net Operating Income158094.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces9.0
Operating Expense28318.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Security FeaturesCarbonMonoxideDetectors, SecurityGate, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameSan Luis Obispo(380)
Tax Lot4
Tenant PaysCableTv, Electricity, Gas, Telephone
Trash Expense1856.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewMountains
Water Sewer Expense4370.0
Waterfront Y/NNo
Year Built1972
Year Built SourceAssessor
ZoningR2
Exterior for 311 Longview Lane
Building Area Total5272.0
Crops Included Y/NNo
Door FeaturesPanelDoors, SlidingDoors
FencingWood
Foundation DetailsCombination, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCulDeSac, RectangularLot
Lot Size Acres0.241
Lot Size Area10500.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Asphalt, DrivewayLevel, ElectricGate, OnSite, Paved, OneSpace
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking9.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$4,500,000
MLS#SC25051579
List Date
03/10/2025
Property Type
Multi-Family
Phone
(310) 963-5595
