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1703 Santa Barbara Avenue

San Luis Obispo, CA 93401
  • $2,200,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: SC22096554
UPDATED: 14 min ago
$2,200,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

Listing Agent(s): Linda Wilson of Wilson & Co. Real Estate (805-543-7727) and Bradley Wilson of Wilson & Co. Real Estate(805-543-7727)


Description

Known as "The Establishment this building has been woven into the historical fabric of San Luis Obispo. Owned by the same family since 1977, this is a unique opportunity to own an iconic piece of history. Situated at the trivium of Santa Barbara, Leff + Osos Streets, The Establishment has been a life changing experience in communal living for decades. With 19 private rooms, 4 full bathrooms, living room, kitchen and plenty of outdoor space, this building has nurtured students, artists and writers, including the famous beat author Jack Kerouac who once lived here while working as a brakeman for the Southern Pacific Railroad in the early 1950s. Known by many names the building was constructed around 1886 + was originally located at 894 Monterey Street. Then known as the Call Rooming House + Elmo Rooming House. In 1895 it was moved to the current location and renamed "the Chicago hotel, purchased in 1904 and eventually renamed the Park View hotel, then during the 40s + 50s it was known as the Colonial Hotel and by 1973 the building was referred to as it is now: The Establishment.This house carries an essence of intentional living and the whispers of a bygone era. Located ideally in downtown San Luis Obispo + in need of some repair, this building has been life changing for those lucky enough to have called it home + in exchange for a little TLC, it can change yours. Property is registered on the historical master list with the City of SLO. Property is not in the Mill's Act.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-20T00:31:21.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128518518
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1703 Santa Barbara Avenue San Luis Obispo, CA 93401

  • Price: $2,200,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 14 min ago
  • ID#: SC22096554
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1885
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Known as "The Establishment this building has been woven into the historical fabric of San Luis Obispo. Owned by the same family since 1977, this is a unique opportunity to own an iconic piece of history. Situated at the trivium of Santa Barbara, Leff + Osos Streets, The Establishment has been a life changing experience in communal living for decades. With 19 private rooms, 4 full bathrooms, living room, kitchen and plenty of outdoor space, this building has nurtured students, artists and writers, including the famous beat author Jack Kerouac who once lived here while working as a brakeman for the Southern Pacific Railroad in the early 1950s. Known by many names the building was constructed around 1886 + was originally located at 894 Monterey Street. Then known as the Call Rooming House + Elmo Rooming House. In 1895 it was moved to the current location and renamed "the Chicago hotel, purchased in 1904 and eventually renamed the Park View hotel, then during the 40s + 50s it was known as the Colonial Hotel and by 1973 the building was referred to as it is now: The Establishment.This house carries an essence of intentional living and the whispers of a bygone era. Located ideally in downtown San Luis Obispo + in need of some repair, this building has been life changing for those lucky enough to have called it home + in exchange for a little TLC, it can change yours. Property is registered on the historical master list with the City of SLO. Property is not in the Mill's Act.
Exterior Features

Construction Materials FrameWood Siding Fencing Average ConditionWood Lot Features 16-20 Units/AcreBack YardCorner LotWalkstreet Number Of Separate Electric Meters 1 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Common Walls No Common Walls Heating Natural GasWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Current Financing None Electric Electricity - On Property Electric Expense 7551.77 Fuel Expense 0 Garage YN No Gross Income 96200 Gross Scheduled Income 166200 Insurance Expense 5460.59 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Maintenance Expense 15217.82 Net Operating Income 96200 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 60689 Other Expense 11161 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 2330.64 Tax Annual Amount 2690.22 Tax Year 2021 Trash Expense 1575.32 Utilities Electricity ConnectedNatural Gas Available Water Sewer Expense 4001.74 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-20T00:31:21.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Linda Wilson of Wilson & Co. Real Estate (805-543-7727) and Bradley Wilson of Wilson & Co. Real Estate(805-543-7727)