About 165 Cerro Romauldo Avenue
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. Dont miss this outstanding investment opportunity!
Features of 165 Cerro Romauldo Avenue
| MLS® # | SC25254062 |
|---|---|
| Price | $1,188,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,420 |
| Acres | 0.11 |
| Year Built | 1935 |
| Type | Residential |
| Sub-Type | Detached |
| Status | Closed |
Community Information
| Address | 165 Cerro Romauldo Avenue |
|---|---|
| Area | SAN LUIS OBISPO (93405) |
| City | San Luis Obispo |
| County | San Luis Obispo |
| State | CA |
| Zip Code | 93405 |
Amenities
| Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Not Available,Sewer Connected,Underground Utilities,Water Connected |
|---|---|
| View | Mountains/Hills |
| Is Waterfront | No |
| Has Pool | No |
| Pool | N/K |
Interior
| Interior Features | Recessed Lighting,Unfurnished |
|---|---|
| Appliances | Refrigerator,Solar Panels,Electric Oven,Electric Range,Recirculated Exhaust Fan,Water Line to Refr |
| Heating | Energy Star,Heat Pump,Passive Solar |
| Cooling | Central Forced Air,Electric,Energy Star,Heat Pump(s),SEER Rated 16+,Zoned Area(s) |
| Fireplace | No |
| Fireplaces | N/K |
| # of Stories | 1 |
| Stories | 1 Story |
Exterior
| Lot Description | Curbs,Sidewalks |
|---|---|
| Roof | Composition |
| Construction | Cement Siding,HardiPlank Type,Lap Siding,Radiant Barrier,Concrete,Ducts Prof Air-Sealed,Glass |
Additional Information
| Date Listed | November 9th, 2025 |
|---|---|
| Days on Market | 48 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Comet Realty |
|---|