Back 1480 Madonna Road
Off Market

1480 Madonna Road

San Luis Obispo CA 93405

9
8
1
5023 sq. ft.
8400 sq. ft.
Duplex
Last sold for $1,500,000
Rob RoseRob Rose, last sold this property on 07 August 2026 after 42 days on market.

Overview

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.

Features

9 bedrooms
8 bathrooms
1 carspace
1 garage space
5023 sq. ft. floor area
8400 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 9 bedroom duplexes sold in San Luis Obispo over the last 12 months.

Property history for 1480 Madonna Road

2026
Sold
$1,500,000
07 Aug 2026 by Rob Rose, of Sereno Group

Happy sellers in San Luis Obispo

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Local market activity for 9 bedroom duplexes in San Luis Obispo

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