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80 Verde — San Luis Obispo — 3 Beds • 2 Baths • 2,148 Sq Ft | Belmont Brokerage

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$1,295,000

$603/ft²

80 Verde, San Luis Obispo, CA 93405

Property Description

Welcome to 80 Verde! Lovingly cared for by the same owner for more than 30 years, this 2,148 sq. ft. split-level home offers exceptional versatility, space and opportunity. The upper level features 2 bedrooms, 1 full bathroom, a formal dining room, family room, large bonus area, and a remodeled kitchen. Two sets of sliding glass doors open to a spacious outdoor deck and patio, creating a wonderful indoor-outdoor living experience & views of the mtns. The lower level offers even more flexibility with a third bedroom, private office, laundry room, and large bonus family room. Additional features include A/C, covered storage, and a generous backyard with convenient access from the downstairs level. A Fantastic Opportunity for Investors Located in a highly desirable student-rental area, this property offers tremendous potential. The existing layout could potentially be reconfigured to create a 5-bedroom rental, providing an excellent opportunity for investors looking to maximize rental income. There is also substantial potential for additional development, with enough space to build a two-story, 4-bedroom/2-bath ADU along with a 2-bedroom JADU.Conveniently located just a 5-minute drive from Cal Poly, the home is also within a short walk of a municipal bus stop, Foothill shopping center, restaurants, and a new urgent care center. Whether you're looking for a spacious home with room to grow or an investment property with significant upside potential, 80 Verde is an opportunity you won't want to miss. Don't wait—this property won't last long!

Listing provided by: Steve FerrarioDRE #01033421805-592-2050 stevef@havenslo.com, BHGRE HAVEN PROPERTIES

MLS #: SC26172229

FLIP & EXPANSION SIMULATORSOLID PROFIT

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$128K

+16.9% ROI

Rehab + Add$400K

Est. ARV$1918K

Est. Profit+$128K

Proj. ROI17%

Sqft to Add (Expansion / ADU)+550 sqft (2,698 total sf)

Remodel Rate (Existing Space)$140/sqft ($301K total)