USACASan Luis ObispoSan Luis Obispo(380)1480 Madonna Road
Listing image | Image 1

1480 Madonna Rd, San Luis Obispo, CA

House

For Sale

Listed price in listed location currency (USD).
$1,679,000

981

MLS® SC26136638

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 5023 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.1928 Acres
Approx. Age 1972
Avg. Price Per Sqft $334
MLS® Number SC26136638

Property Address: 1480 Madonna Road, San Luis Obispo, CA, 93405

Average square foot calculated using Size range provided by listing agent.

Description

Rare investment opportunity in the heart of San Luis Obispo! Ideally located near shopping, schools, hiking and biking trails, public transportation, and major commuter routes, 1480 Madonna Road offers an excellent opportunity to acquire a well-positioned multifamily asset with significant upside potential. This fourplex (legally described as two duplexes) consists of approximately 5, 023 sq ft of living space and is situated on an 8, 400 sq ft lot. The property features a desirable unit mix of one 3-bedroom, 2-bath unit with a private 1-car garage and three 2-bedroom, 2-bath units. All units are two-story floor plans with living areas on the main level and bedrooms upstairs. Additional amenities include eight unassigned parking spaces and a shared community laundry facility. The property has been well maintained and presents an excellent value-add opportunity. Many of the units offer the chance for cosmetic updates, including flooring and interior paint, allowing a new owner to enhance the property while increasing its long-term income potential. Multifamily properties of this size and quality are rarely available in San Luis Obispo, making this an attractive opportunity for investors seeking stable cash flow and future appreciation.
MLS® NumberSC26136638
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1972
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Rooms

Change to metres

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$1,679,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$1,679,000List Price
  • Commute

Commute

Starting Address
Destination Address
1480 Madonna Rd, San Luis Obispo, CA

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