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ActivePrice Reduced 31 days on market

241 Henderson

San Luis Obispo, CA 93405

$1,498,000

$1,575,000

241 Henderson
241 Henderson photo 2
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+53 more
3Beds
2Baths
1,471Sq Ft
0.12Acres
1953Built

About This Home

Prime investment opportunity in the highly sought-after “Golden Zone” just steps from California Polytechnic State University. This charming property offers an ideal blend of location, flexibility, and future development potential. The existing home features 3 bedrooms and 2 bathrooms, thoughtfully updated with a newer kitchen and somewhat remodeled bathrooms, creating a comfortable and move-in ready living space. An indoor laundry room adds everyday convenience, while the flexible floor plan offers the potential to convert the dining room or kitchen area into a fourth bedroom—maximizing use and versatility. From the street, the home boasts darling curb appeal with low-maintenance, drought-resistant landscaping, a turf lawn, and a welcoming front deck—perfect for enjoying the Central Coast lifestyle without the upkeep. What truly sets this property apart are the City-approved plans for a 4-bedroom ADU, presenting a rare and valuable opportunity to significantly increase long-term value in one of the most desirable locations in San Luis Obispo. The current lease is in place through 6/30/2026, offering a clear timeline for future planning. Whether you're looking to expand your portfolio, secure a prime location near campus, or capitalize on development potential, this is an exceptional opportunity you won’t want to miss.

Property Details

Property TypeSingleFamilyResidence
Year Built1953
Living Area1,471 sq ft
Lot Size0.12 acres
Bedrooms3
Bathrooms2 full
Garage Spaces0
Parking Total0
HeatingCentral
CoolingNone
PoolNo
MLS #1157197052
Days on Market31 days

Schools

High School

San Luis Obispo

Location

Listed by

Amy Daane

The Avenue Central Coast Realty, Inc.

MLS# SL01902657

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

241 Henderson | San Luis Obispo, CA | Leeper Realty Group