This property presents an outstanding investment opportunity near Cal Poly, offering versatile R4 zoning for a range of development options. The existing 2-bedroom, 1-bath, 826 sq. ft. home, originally built in 1915, boasts charming hardwood floors and updated electrical as of last year. Development possibilities include retaining the current home and demolishing the garage to create space for one or two additional dwellings, or possibly redeveloping the entire lot. The zoning could allow for up to four 2-bedroom units or three larger units with four or more bedrooms. Ideally located near downtown San Luis Obispo, with easy access to transportation, dining, and shopping and within walking distance to Cal Poly. Buyers should verify all possibilities with the City to fully capitalize on this property’s potential!
Current real estate data for Single Family in San Luis Obispo as of May 20, 2025
105
Single Family Listed
67
Avg DOM
790
Avg $ / SqFt
$2,000,900
Avg List Price
Property Details
Price:
$799,000
MLS #:
SC25030153
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Feb 10, 2025
Finished Sq Ft:
826
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1915
Schools
School District:
San Luis Coastal Unified
Interior
Cooling
None
Fireplace Features
None
Flooring
Vinyl, Wood
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
1.00
Lot Features
Back Yard, Front Yard
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Hills, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Contact Us
Mortgage Calculator
Community
- Address627 Henderson Avenue San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
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Property Summary
- Located in the San Luis Obispo(380) subdivision, 627 Henderson Avenue San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $799,000 and features 2 beds, 1 baths, and has approximately 826 square feet of living space, and was originally constructed in 1915. The current price per square foot is $967. The average price per square foot for Single Family listings in San Luis Obispo is $790. The average listing price for Single Family in San Luis Obispo is $2,000,900.
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Similar Listings Nearby
Courtesy of Keller Williams Realty Central Coast. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 627 Henderson Avenue
San Luis Obispo, CA
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