$1,425,000 - 250 Kentucky Street, San Luis Obispo

  • 3Beds
  • 3Baths
  • 1,500SQ. Feet
  • 0.20Acres

San Luis Obispo Home Sale

Rare opportunity to obtain an income property located just five minutes’ walking distance to Cal Poly University! The property includes two units: a 2-bedroom (ability to create a 3rd bedroom), 1.5-bath main residence with indoor laundry, plus a detached turnkey studio. The premium location delivers breathtaking views of Madonna Mountain and Bishop Peak, making it highly desirable for tenants and future growth. A huge bonus is the detached 2 car garage and large driveways for on site parking in addition to the street side parking. Cash flow potential from dual units, plus potential opportunities for additional unit development on the large lot. Situated in the heart of San Luis Obispo, you’re only a short drive to pristine Central Coast beaches and less than 30 minutes to the award-winning Paso Robles wine country. A unique chance to secure rental income and strong potential appreciation in one of California’s most sought-after university towns.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces2
  • ParkingDoor-Multi, Driveway, Garage, Off Site, Permit Required
  • # of Garages2
  • GaragesDoor-Multi, Driveway, Garage, Off Site, Permit Required
  • ViewHills, Mountain(s), City Lights
  • PoolNone

School Information

  • DistrictLucia Mar Unified
  • HighSan Luis Obispo

Essential Information

  • MLS® #PI25191231
  • Price$1,425,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths2
  • Half Baths1
  • Square Footage1,500
  • Acres0.20
  • Year Built1950
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusClosed
  • Listing AgentRobert Mcconaghy
  • Listing OfficeLPT Realty, Inc.

Exterior

  • Lot DescriptionTwoToFiveUnitsAcre, Back Yard, Front Yard
  • FoundationRaised

Additional Information

  • Date ListedAugust 24th, 2025
  • Days on Market1
  • ZoningR1
  • Short SaleN
  • RE / Bank OwnedN

Community Information

  • Address250 Kentucky Street
  • AreaSLO - San Luis Obispo
  • SubdivisionSan Luis Obispo(380)
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93405

Interior

  • Interior FeaturesAll Bedrooms Down, Bedroom on Main Level
  • CoolingNone
  • FireplaceYes
  • FireplacesFamily Room
  • # of Stories1
  • StoriesOne

Price Change History for 250 Kentucky Street, San Luis Obispo, (MLS® #PI25191231)

Date Details Price Change
Closed
Pending (from Active)

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San Luis Obispo(380)

  • City:
    San Luis Obispo
  • Price Range:
    $133,800 - $8,200,000
  • Current Listings:
    362
  • HOA Dues:
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  • Average Price per Square Foot:
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Based on information from California Regional Multiple Listing Service, Inc. as of January 24th, 2026 at 2:50am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.