London Properties San Luis Obispo Real Estate

165 Cerro Romauldo Ave

San Luis Obispo, CA 93405

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$1,188,000

4 bd

2 ba

1,420 sq ft

0.11 acre

165 Cerro Romauldo Ave

San Luis Obispo, CA 93405

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Listed On: 11/09/2025

Status: Active

Listing Number: SC25254062 (CRMLS)

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Advertising Agent:

London Properties, Ltd. 559.436.4071 Email Agent

Property Description

Listing Agent: Kristin Lachemann, Comet Realty

Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit - 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer, and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit - 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don't miss this outstanding investment opportunity!

Property Sub Type

Single Family Residence

Structure Type

House

Year Built

1935

Year Built Source

Other

Special Listing Conditions

Standard

Stories Total

Levels

One

Number Of Units Total

Entry Level

Price Per Square Foot

$837

Days On Market

Cumulative Days On Market

County Or Parish

San Luis Obispo

New Construction Y/N

Property Attached Y/N

Cooling Y/N

Yes

Fence Y/N

Yes

Heating Y/N

Yes

Directions

West on E.Foothill Blvd. Right on Patricia. Left on Cerro Romauldo

Room Type

All Bedrooms Down, Galley Kitchen, Kitchen

Heating

Electric, ENERGY STAR Qualified Equipment, Heat Pump, Solar

Cooling

Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, SEER Rated 16+, Zoned

Laundry Y/N

Yes

Laundry Features

Electric Dryer Hookup, Gas & Electric Dryer Hookup, Inside, See Remarks, Stackable, Washer Hookup

Roof

Composition

Security Features

Carbon Monoxide Detector(s)

Construction Materials

Cedar, Cement Siding, Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Glass, HardiPlank Type, Lap Siding, Radiant Barrier

Foundation Details

Raised, Slab

Property Condition

Additions/Alterations, Updated/Remodeled

Other Structures

Two On A Lot

Main Level Bedrooms

Bathrooms Full And Three Quarter

Bathrooms Three Quarter

Main Level Bathrooms

Room Kitchen Features

Remodeled Kitchen

Eating Area

Breakfast Counter / Bar, Family Kitchen

Appliances Y/N

Yes

Appliances

Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Recirculated Exhaust Fan, Refrigerator, Tankless Water Heater, Water Line to Refrigerator

Room Bathroom Features

Low Flow Shower, Low Flow Toilet(s), Exhaust fan(s), Main Floor Full Bath, Remodeled

Interior Features

Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished

Accessibility Features

32 Inch Or More Wide Doors,Doors - Swing In,No Interior Steps

Flooring

Vinyl

Common Walls

No Common Walls

Fireplace Y/N

Fireplace Features

None

Pool Features

None

Pool Private Y/N

Patio Y/N

Yes

Patio And Porch Features

Porch, Front Porch

Electric

220 Volts in Kitchen,220 Volts in Laundry,220 Volts,Electricity - On Property,Photovoltaics on Grid,Photovoltaics Seller Owned

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Underground Utilities, Water Connected

Water Source

Public

Sewer

Public Sewer

Green Energy Efficient

Appliances, Construction, HVAC, Lighting, Thermostat, Water Heater, Windows

Green Energy Generation

Solar

Green Water Conservation

Flow Control

Parking Y/N

Yes

Parking Features

Carport

Lot Features

0-1 Unit/Acre,Front Yard,Level with Street,Rectangular Lot,Park Nearby,Utilities - Overhead

Lot Size Area

5000.0000

Lot Size Units

Square Feet

View Y/N

Yes

View

Mountain(s)

Fencing

Excellent Condition, New Condition, Wood

Common Interest

None

Parcel Number

052011049

Additional Parcels Y/N

Zoning

Subdivision Name

San Luis Obispo(380)

Subdivision Name Other

San Luis Obispo(380)

Community Features

Biking, Curbs, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Senior Community Y/N

Association Y/N

High School District

San Luis Coastal Unified

Inclusions

Washer/dryer, Refrigerator

Lease Considered Y/N

Land Lease Y/N

Assessments

None

Tax Lot

Tax Tract Number

1261

Tax Census Tract

112.01

A: SELECT * FROM `lpdotcom`.`props-main` WHERE CAST(`props-main`.`ListingPrice` AS DECIMAL) >= 1128600 AND CAST(`props-main`.`ListingPrice` AS DECIMAL) <= 1247400 AND CAST(`props-main`.`Bedrooms` AS DECIMAL) >= '4' AND CAST(`props-main`.`Bathrooms` AS DECIMAL(10,5)) >= '2' AND CAST(`props-main`.`SquareFootage` AS DECIMAL) >= 1170 AND CAST(`props-main`.`SquareFootage` AS DECIMAL) <= 1670 AND ((`props-main`.`PropertyType` = 'Residential' AND ( `props-main`.`PropertySubtype1` = '1 House on Lot' OR `props-main`.`PropertySubtype2` = '1 House on Lot' OR `props-main`.`PropertySubtype3` = '1 House on Lot' OR `props-main`.`PropertySubtype1` = 'Cabin' OR `props-main`.`PropertySubtype2` = 'Cabin' OR `props-main`.`PropertySubtype3` = 'Cabin' OR `props-main`.`PropertySubtype1` = 'House on Lot' OR `props-main`.`PropertySubtype2` = 'House on Lot' OR `props-main`.`PropertySubtype3` = 'House on Lot' OR `props-main`.`PropertySubtype1` = 'Own Your Own' OR `props-main`.`PropertySubtype2` = 'Own Your Own' OR `props-main`.`PropertySubtype3` = 'Own Your Own' OR `props-main`.`PropertySubtype1` = 'Rural Residence' OR `props-main`.`PropertySubtype2` = 'Rural Residence' OR `props-main`.`PropertySubtype3` = 'Rural Residence' OR `props-main`.`PropertySubtype1` = 'Rural/Residence' OR `props-main`.`PropertySubtype2` = 'Rural/Residence' OR `props-main`.`PropertySubtype3` = 'Rural/Residence' OR `props-main`.`PropertySubtype1` LIKE '%fam%' OR `props-main`.`PropertySubtype2` LIKE '%fam%' OR `props-main`.`PropertySubtype3` LIKE '%fam%'))) AND ((`props-main`.`id` = 1686324 OR `props-main`.`id` = 1679463 OR `props-main`.`id` = 1687991 OR `props-main`.`id` = 1677845 OR `props-main`.`id` = 1692519 OR `props-main`.`id` = 1697844 OR `props-main`.`id` = 1695483 OR `props-main`.`id` = 1688483 OR `props-main`.`id` = 1661116 OR `props-main`.`id` = 1670934 OR `props-main`.`id` = 1674173 OR `props-main`.`id` = 1680220 OR `props-main`.`id` = 1687145 OR `props-main`.`id` = 1687292 OR `props-main`.`id` = 1689563 OR `props-main`.`id` = 1690437 OR `props-main`.`id` = 1623230 OR `props-main`.`id` = 1684233 OR `props-main`.`id` = 1695930 OR `props-main`.`id` = 1695931 OR `props-main`.`id` = 1623531 OR `props-main`.`id` = 1673218 OR `props-main`.`id` = 1683157 OR `props-main`.`id` = 1668834 OR `props-main`.`id` = 1696967 OR `props-main`.`id` = 1663980 OR `props-main`.`id` = 1671277 OR `props-main`.`id` = 1659265 OR `props-main`.`id` = 1686667 OR `props-main`.`id` = 1679310 OR `props-main`.`id` = 1693384 OR `props-main`.`id` = 1679262 OR `props-main`.`id` = 1679263 OR `props-main`.`id` = 1651401 OR `props-main`.`id` = 1651403 OR `props-main`.`id` = 1691905 OR `props-main`.`id` = 1680174 OR `props-main`.`id` = 1689248 OR `props-main`.`id` = 1690991 OR `props-main`.`id` = 1697760 OR `props-main`.`id` = 1679240 OR `props-main`.`id` = 1694046 OR `props-main`.`id` = 1695016 OR `props-main`.`id` = 1694043 OR `props-main`.`id` = 1695018 OR `props-main`.`id` = 1623273 OR `props-main`.`id` = 1695013 OR `props-main`.`id` = 1693554 OR `props-main`.`id` = 1691081 OR `props-main`.`id` = 1687911 OR `props-main`.`id` = 1695991)) AND CONCAT(`MLSFeed`,`MLNumber`) != 'crmlsSC25254062' AND `props-main`.`PictureCount` > 0 AND (`props-main`.`ExpiredDate` >= '2025-12-16' OR `props-main`.`ExpiredDate` IS NULL OR TRIM(`props-main`.`ExpiredDate`) = '') AND `props-main`.`Status` != 'Unapproved' AND (`props-main`.`DupeOf` IS NULL OR TRIM(`props-main`.`DupeOf`) = '') AND `props-main`.`Delayed` = 0 GROUP BY `props-main`.`id` ORDER BY RAND();

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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165 Cerro Romauldo Ave

San Luis Obispo, CA 93405

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$1,188,000

165 Cerro Romauldo Ave

San Luis Obispo, CA 93405

Schedule a Tour

Contact Info

Advertising Agent:

Buying

Selling

Moving

Agents

Careers

Contact

About Us

559.436.4071

Get More Info

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165 Cerro Romauldo Ave

San Luis Obispo, CA 93405

Photo Gallery

$1,188,000

165 Cerro Romauldo Ave

San Luis Obispo, CA 93405

Schedule a Tour

Contact Info

Advertising Agent:

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