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2050 Hope Street

San Luis Obispo, CA 93405

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$1,045,000

992 sq ft
  |  
0.08 acre

2050 Hope Street

San Luis Obispo, CA 93405

Listed On: 10/14/2026
Status: Active
Listing Number: SC26223259 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Lindsey Harn, Christie's International Real Estate Sereno

Calling Cal Poly Parents and Investors! A turnkey student housing opportunity in an established San Luis Obispo neighborhood, ideally located minutes to Cal Poly and downtown. Designed to accommodate approx. 5 to 6 students, this mid-century home offers a ready-to-go option for buyers seeking a property with student rental potential. Property previously rented for $5,000/mo. The open-concept living, dining, and kitchen areas create a central gathering space, complemented by durable luxury vinyl plank flooring throughout the main living areas. The updated kitchen pairs vintage character with modern function, featuring stainless steel appliances, a gas range, dishwasher, farmhouse sink, generous cabinetry, and breakfast bar. French doors open to an outdoor deck shaded by mature trees, extending the living space outdoors and creating a natural spot to gather, study, or unwind. The home's flexible layout includes three bedrooms, two bathrooms, additional storage spaces, and convenient attic access. A single-car garage with laundry area and utility sink adds practical functionality. Set on a cul-de-sac in a sought-after San Luis Obispo location near the university, downtown, shopping, dining, and parks, this property offers an opportunity to combine a convenient location with student housing/rental strategy and the appeal of California indoor-outdoor living.
Property Sub Type
Single Family Residence
Year Built
1941
Year Built Source
Assessor
Special Listing Conditions
Standard
Stories Total
2
Levels
Two
Number Of Buildings
1
Number Of Units Total
1
Entry Level
1
Entry Location
Front
Price Per Square Foot
$1,053
Price Per Unit
$1,045,000
Days On London
0
Cumulative Days On London
0
County Or Parish
San Luis Obispo
New Construction Y/N
No
Property Attached Y/N
No
Rent Control Y/N
No
Cooling Y/N
No
Fence Y/N
Yes
Heating Y/N
Yes
Directions
Take Grand Ave to Hope St
Room Type
Primary Bedroom, Kitchen, Living Room, Primary Bathroom
Heating
Floor Furnace
Cooling
None
Laundry Y/N
Yes
Laundry Features
In Garage
Appliances Y/N
Yes
Appliances
Microwave, Refrigerator, Gas Range, Dishwasher
Interior Features
Built-in Features, Open Floorplan, Storage
Flooring
Tile, Vinyl
Common Walls
No Common Walls
Fireplace Y/N
No
Fireplace Features
None
Exterior Features
Rain Gutters
Pool Features
None
Pool Private Y/N
No
Spa Y/N
No
Spa Features
None
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
1
Number Of Separate Gas Meters
1
Number Of Separate Water Meters
1
Utilities
Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
1.00
Parking Features
Garage, Driveway
Garage Spaces
1.00
Lot Features
Front Yard, Back Yard
Lot Size Area
3675.0000
Lot Size Units
Square Feet
Elevation Units
Feet
View Y/N
Yes
View
Neighborhood
Fencing
Wood
Common Interest
None
Parcel Number
052126018
Additional Parcels Y/N
No
Subdivision Name
San Luis Obispo(380)
Subdivision Name Other
San Luis Obispo(380)
Community Features
Biking, Hiking
Senior Community Y/N
No
Association Y/N
No
Number Of Units Leased
1
Tenant Pays
All Utilities
Gross Income
60000.00
Total Actual Rent
5000.00
Land Lease Y/N
No
Assessments
Unknown
Gross Scheduled Income
60000.00
Gross Income
60000.00
Net Operating Income
60000.00
Gross Income
60000.00
Net Operating Income
60000.00

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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