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1257 Iris St 3, San Luis Obispo, CA 93401

Sale Price: $499,000
Apr 25, 2025748 sqft1 beds1 baths
Listed by: Chelsea King
License #: 02152275
Phone #: 805-540-9333
Invest SLO
Source:
CRMLS Logo
MLS #: PI25082563

Property Description

Welcome to 1257 Iris Street #3, a 1-bedroom, 1-bathroom condo located in "The Ritz", one of San Luis Obispo’s most desirable neighborhoods. Conveniently located on the east side of the vibrant Railroad District, this home places you just blocks from Terrace Hill, Sinsheimer Park, coffee shops, and restaurants. Step inside to a bright and open living space with vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace. A private balcony off the living room provides the perfect setting for relaxation, with views of the surrounding neighborhood. The dining area connects to a galley kitchen with plenty of cabinetry and access to a dedicated laundry room. The bedroom includes a large closet and a balcony and sits next to a full bathroom. The home also includes a garage which can be used for additional storage and a brand new water heater. With its central location near Cal Poly, downtown SLO, and the airport, this condo offers a low-maintenance lifestyle in one of the city’s most walkable and well-loved neighborhoods!
Assignment
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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

$7,983

TurboHome Estimated Value

$515,600

$689 sqft

High Valuation
$541,380
$724/sqft
Normal Valuation
$515,600
$689/sqft
Low Valuation
$489,820
$655/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$689/sqft$515,600

Neighborhood: San Luis Obispo(380)

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Comparative Value

$499K

$675K

$715K

1257 Iris St 3, San Luis Obispo, CA 93401

List Price: $499,000

Subject Property

1257 Iris St 3, San Luis Obispo, CA 93401

Sale Price: $499,000

Selected Comparable

1017 Southwood Dr B, San Luis Obispo, CA 93401

Sale Price: $502,500

Selected Comparable

1021 Southwood Dr H, San Luis Obispo, CA 93401

Sale Price: $505,000

Selected Comparable

1427 Beach St, San Luis Obispo, CA 93401

Sale Price: $675,000

Selected Comparable

1520 Carmel St, San Luis Obispo, CA 93401

Sale Price: $715,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1257 Iris St 3, San Luis Obispo, CA 93401

1257 Iris St 3, San Luis Obispo, CA 93401

List: $499,000

Listed: 4/25/2025

Area:748 sqft
Price/sqft:$667
Beds:1
Baths:1
Year Built:
Lot Size:784

Comparable Properties

COMPARABLE
Choose comps
1257 Iris St 3, San Luis Obispo, CA 93401

1257 Iris St 3, San Luis Obispo, CA 93401

Sale: $499,000

7/1/20250.00 mi

Area:748 sqft
Price/sqft:$667
Beds:1
Baths:1
Year Built:
Weight:27.5%
1427 Beach St, San Luis Obispo, CA 93401

1427 Beach St, San Luis Obispo, CA 93401

Sale: $675,000

6/27/20250.79 mi

Area:780 sqft
Price/sqft:$865
Beds:2
Baths:1
Year Built:
Weight:20.5%
1520 Carmel St, San Luis Obispo, CA 93401

1520 Carmel St, San Luis Obispo, CA 93401

Sale: $715,000

10/21/20240.83 mi

Area:746 sqft
Price/sqft:$958
Beds:2
Baths:1
Year Built:
Weight:18.9%
1017 Southwood Dr B, San Luis Obispo, CA 93401

1017 Southwood Dr B, San Luis Obispo, CA 93401

Sale: $502,500

5/12/20250.86 mi

Area:892 sqft
Price/sqft:$563
Beds:2
Baths:1
Year Built:
Weight:17.1%
1021 Southwood Dr H, San Luis Obispo, CA 93401

1021 Southwood Dr H, San Luis Obispo, CA 93401

Sale: $505,000

2/3/20250.88 mi

Area:892 sqft
Price/sqft:$566
Beds:2
Baths:1
Year Built:
Weight:16.0%

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