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1650 Palm St, San Luis Obispo, CA 93401

Sale Price: $830,000
Jul 12, 2024632 sqft2 beds1 baths
Listed by: Kate Hendrickson
License #: 01730943
Phone #: 805-801-1979
BHGRE HAVEN PROPERTIES
Source:
CRMLS Logo
MLS #: SC24141823

Property Description

Charming 2 bedroom, 1 bath home built in 1928 located near the heart of downtown San Luis Obispo and just a stone's throw from Cal Poly. Nestled on a spacious 7,250 square foot R2 lot, this property offers a perfect blend of historic appeal and future potential, making it an ideal for those looking to add an ADU or further develop the space.The home has retained a lot of its vintage allure with an inviting sunroom, original Douglas fir wood floors throughout, and a bright and sunny kitchen exuding the timeless elegance of the 1920s. Completing the space is an expansive basement area with laundry perfect for additional storage, your wine collection or projects. The home has been very well maintained and features a new roof, new paint, newer sewer lateral and newer driveway with pavers to the backyard leading to a nice patio with pergola. The drought-tolerant, pollinator front yard is a riot of color in the spring and Meyer lemon, orange and lime trees thrive in the beautiful Central Coast weather. The rest of the large backyard is a blank canvas with endless possibilities, whether you envision a lush garden, a peaceful retreat or an area to add additional living space. All of this is ideally located near shops, restaurants, and parks. Don’t miss this exceptional opportunity!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,457

TurboHome Estimated Value

$921,400

$1,458 sqft

High Valuation
$967,470
$1531/sqft
Normal Valuation
$921,400
$1458/sqft
Low Valuation
$875,330
$1385/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1458/sqft$921,400

Neighborhood: San Luis Obispo(380)

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Comparative Value

$675K

$700K

$800K

$830K

$879K

$1.00M

1427 Beach St, San Luis Obispo, CA 93401

Sale Price: $675,000

Selected Comparable

28 S Tassajara Dr, San Luis Obispo, CA 93405

Sale Price: $700,000

Selected Comparable

1010 Church St, San Luis Obispo, CA 93401

Sale Price: $799,500

Selected Comparable

1650 Palm St, San Luis Obispo, CA 93401

Sale Price: $830,000

Selected Comparable

1650 Palm St, San Luis Obispo, CA 93401

List Price: $879,000

Subject Property

1520 Beach St, San Luis Obispo, CA 93401

Sale Price: $1,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1650 Palm St, San Luis Obispo, CA 93401

1650 Palm St, San Luis Obispo, CA 93401

List: $879,000

Listed: 7/12/2024

Area:632 sqft
Price/sqft:$1,391
Beds:2
Baths:1
Year Built:
Lot Size:7,250

Comparable Properties

COMPARABLE
Choose comps
1650 Palm St, San Luis Obispo, CA 93401

1650 Palm St, San Luis Obispo, CA 93401

Sale: $830,000

8/12/20240.00 mi

Area:632 sqft
Price/sqft:$1,313
Beds:2
Baths:1
Year Built:
Weight:22.8%
1010 Church St, San Luis Obispo, CA 93401

1010 Church St, San Luis Obispo, CA 93401

Sale: $799,500

12/27/20240.85 mi

Area:658 sqft
Price/sqft:$1,215
Beds:2
Baths:1
Year Built:
Weight:20.9%
1427 Beach St, San Luis Obispo, CA 93401

1427 Beach St, San Luis Obispo, CA 93401

Sale: $675,000

6/27/20251.15 mi

Area:780 sqft
Price/sqft:$865
Beds:2
Baths:1
Year Built:
Weight:19.1%
28 S Tassajara Dr, San Luis Obispo, CA 93405

28 S Tassajara Dr, San Luis Obispo, CA 93405

Sale: $700,000

8/15/20241.42 mi

Area:696 sqft
Price/sqft:$1,006
Beds:2
Baths:1
Year Built:
Weight:18.6%
1520 Beach St, San Luis Obispo, CA 93401

1520 Beach St, San Luis Obispo, CA 93401

Sale: $1,000,000

5/30/20251.14 mi

Area:792 sqft
Price/sqft:$1,263
Beds:2
Baths:1
Year Built:
Weight:18.6%

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