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364 Hathway Avenue 364 Hathway Ave 1086 Unit Apartment Building $2,500,000 ($2,302/Unit) San Luis Obispo, CA 93405
INVESTMENT HIGHLIGHTS
- Blocks from Cal Poly Campus
- In-Unit Laundry
- Large Backyard
- Onsite, Off Street Parking
EXECUTIVE SUMMARY
Location! Location! This property offers a unique investment opportunity for investors, homeowners, and Cal Poly parents alike. This rare 8700 sqft parcel features three standalone single-family homes plus a detached garage. 360 Hathway (Front House): 2 bedrooms, 2 bathrooms, plus a bonus room—ideal for an office or additional living space. Includes in-unit laundry. Currently leased for $4,250.00 per month. 362 Hathway (Middle House): 2 bedrooms, 2 bathrooms, also with in-unit laundry. Currently leased for $4,200.00 per month. 364 Hathway (Back House): 2 bedrooms, 2 bathrooms, with access to a detached garage equipped with its own washer and dryer. Currently leased for $4,350.00 per month. Tenants pay for all utilities. Each home offers privacy and functionality, making this an ideal setup for student housing, long-term rentals, or multi-generational living. The spacious rear yard provides additional potential for future development or expansion—subject to city approval and zoning regulations.
PROPERTY FACTS
| Price | $2,500,000 | Lot Size | 0.20 AC |
| Price Per Unit | $2,302 | Building Size | 2,647 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 1086 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 1.13/1,000 SF |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R2 - Residential | ||
| Price | $2,500,000 |
| Price Per Unit | $2,302 |
| Sale Type | Investment |
| No. Units | 1086 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 2,647 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1940 |
| Parking Ratio | 1.13/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 - Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Cable Ready
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Oven
- Range
- Tub/Shower
- Yard
- Attic
- Breakfast Nook
- Double Pane Windows
- Family Room
- Lawn
- Office
- Porch
- Vinyl Flooring
- Quartz Countertops
SITE AMENITIES
- Fenced Lot
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1086 | $4,275 | - |
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 052-201-017 | Improvements Assessment | $568,913 |
| Land Assessment | $739,587 | Total Assessment | $1,308,500 |
PROPERTY TAXES
Parcel Number
052-201-017
Land Assessment
$739,587
Improvements Assessment
$568,913
Total Assessment
$1,308,500
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364 Hathway Avenue | 364 Hathway Ave
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