Log In/Sign Up
Your email has been sent.
687 Islay St 9 Unit Apartment Building $2,900,000 ($322,222/Unit) 4.19% Cap Rate San Luis Obispo, CA 93401
Investment Highlights
- Location near downtown, large lot size, additional development possible
- 7 garages with concrete floors currently used as storage for Owner, one is for tenants bikes
- nice units, lots of light
Executive Summary
Tenants all month to month, most are long standing tenants. Fully rented and highly desirable. Range of rents and unit sizes.229 to 774 sq ft.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Fireplace
- Ceiling Fans
- Refrigerator
- Range
- Walk-In Closets
- Carpet
- Family Room
- Loft Layout
- Smoke Free
- Window Coverings
Site Amenities
- Laundry Facilities
- Gas Range
- Trash Pickup - Curbside
- Vintage Building
- Multi Use Room
- Zen Garden
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | 670 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 003-631-006 | Total Assessment | $261,337 |
| Land Assessment | $123,591 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $137,746 | Tax Year | 2025 |
Property Taxes
Parcel Number
003-631-006
Land Assessment
$123,591
Improvements Assessment
$137,746
Total Assessment
$261,337
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 48
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
687 Islay St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.