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Don Pelletier

[email protected] +1(858) 336-1114

$ 2,025,000

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Contingent

241 Hathway Avenue San Luis Obispo, CA 93405

2 Beds

1 Bath

1,100 SqFt

UPDATED:

02/20/2025 07:00 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $1,840

MLS Listing ID SC25033500

Style Detached

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1951

Lot Size 0.389 Acres

Acres 0.3887

Property Sub-Type Detached

Property Description

Welcome to 241 Hathway Ave! This property features an oversized lot located just three blocks from the Cal Poly campus. It is primed for redevelopment. According to the owners survey, the lot measures approximately 16,931 +/- square feet. This lot is the largest among listings within a few blocks of the Cal Poly campus. Preliminary assessments indicate the potential to build two five-bedroom homes, plus each with an Accessory Dwelling Unit (ADU). Additionally, there may be an opportunity for a shared driveway with the neighboring property, which could further increase the total bedroom count or possibly allow for an additional lot. The property includes a 1950s stucco house with two bedrooms and one bathroom, a fireplace, and a two-car garage, encompassing about 1,100 square feet. Currently, the house is rented and can remain occupied during the entitlement process with the City of San Luis Obispo (SLO). Bring your investors and contractors to explore one of the few remaining infill lots near the Cal Poly campus!
Welcome to 241 Hathway Ave! This property features an oversized lot located just three blocks from the Cal Poly campus. It is primed for redevelopment. According to the owners survey, the lot measures approximately 16,931 +/- square feet. This lot is the largest among listings within a few blocks of the Cal Poly campus. Preliminary assessments indicate the potential to build two five-bedroom homes, plus each with an Accessory Dwelling Unit (ADU). Additionally, there may be an opportunity for a shared driveway with the neighboring property, which could further increase the total bedroom count or possibly allow for an additional lot. The property includes a 1950s stucco house with two bedrooms and one bathroom, a fireplace, and a two-car garage, encompassing about 1,100 square feet. Currently, the house is rented and can remain occupied during the entitlement process with the City of San Luis Obispo (SLO). Bring your investors and contractors to explore one of the few remaining infill lots near the Cal Poly campus!

Location

State CA

County San Luis Obispo

Area San Luis Obispo (93405)

Zoning R1

Interior

Flooring Wood

Fireplaces Type FP in Living Room

Equipment Electric Range

Appliance Electric Range

Laundry Garage

Exterior

Exterior Feature Stucco

Parking Features Garage - Two Door

Garage Spaces 2.0

Fence Chain Link

Utilities Available Electricity Connected, Sewer Connected

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Curbs, Sidewalks

Story 1

Sewer Public Sewer

Water Public

Architectural Style Craftsman, Craftsman/Bungalow

Level or Stories 1 Story

Construction Status Fixer

Others

Miscellaneous Urban

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Mike McNamara • McNamara Real Estate

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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Don Pelletier

241 Hathway Avenue San Luis Obispo, CA 93405

Key Details

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