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Back 165 Cerro Romauldo Avenue
Off Market

165 Cerro Romauldo Avenue

San Luis Obispo CA 93405

4
2
1420 sq. ft.
5000 sq. ft.
Single-Family
Last sold for $1,140,000
Kristin LachemannKristin Lachemann, last sold this property on 21 January 2026 after 72 days on market.

Overview

Unique income-producing property in beautiful San Luis Obispo! This versatile property includes two completely separate units, ideal for investment, multi-generational living, or owner-occupancy with rental income. **Front Unit – 165 Cerro Romauldo (Approx. 420 sq. ft., 1 Bed / 1 Bath) -Fully renovated in 2022 with new plumbing, electrical, and interior finishes -Updated kitchen with newer appliances; washer, dryer, and refrigerator included -New roof and replaced sewer lateral. *Private fenced yard and single-car carport **Back Unit – 167 Cerro Romauldo (Approx. 1,000 sq. ft., 3 Beds / 1 Bath) -Newly constructed ADU with private entrance -Owned solar panels, 9' ceilings, and air conditioning -Low-maintenance, drought-tolerant landscaping *Investment Highlights -Both units leased through June 2026 for a combined $6,000/month (165: $2,200 | 167: $3,800) -Excellent opportunity for steady rental income or future owner occupancy This property is offered AS-IS. Conveniently located near downtown SLO, parks, and Cal Poly. Don’t miss this outstanding investment opportunity!

Features

4 bedrooms
2 bathrooms
1420 sq. ft. floor area
5000 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in San Luis Obispo over the last 12 months, the estimated median property value of 165 Cerro Romauldo Avenue is $1.28m.

Median value
$1.28m
Estimated value range
$1.67k - $3.67m
Median days on market
10
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in San Luis Obispo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 165 Cerro Romauldo Avenue

2026
Sold
$1,140,000
21 Jan 2026 by Kristin Lachemann, of Comet Realty
2022
Sold
$679,000
10 Jun 2022 by Kim Conti DeGroot, of Kimberly's Global Real Estate

Happy sellers in San Luis Obispo

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We have insufficient information to provide an overview of customer satisfaction for San Luis Obispo. Viewing the agent profiles, reviews and sales for San Luis Obispo can provide insights for this location.

Local market activity for 4 bedroom single-family properties in San Luis Obispo

In the last 12 months, 38 four-bedroom single-family properties similar to 165 Cerro Romauldo Avenue, have been sold.

This represents a 5% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in San Luis Obispo

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CJ Hegney

CJ Hegney is an award winning recommended agent for San Luis Obispo.  They have 1 local sale and collected 18 local reviews across the last 12 months.

  •   5   (83 reviews)
  •  18 Reviews in San Luis Obispo
  •  1 Sale in San Luis Obispo
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Jessica Burns

Sellers who recommend Jessica Burns have praised them for being local expert, clear communication, responsive, supportive, reliable, detail-oriented, and friendly

  •   5   (59 reviews)
  •  1 Review in San Luis Obispo
  •  1 Sale in San Luis Obispo
View profile
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Melissa Mertogul

Melissa Mertogul is an award winning recommended agent for San Luis Obispo.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in San Luis Obispo
  •  1 Sale in San Luis Obispo
View profile
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Lindsey Harn

Lindsey Harn is a recommended agent for San Luis Obispo.  They have 18 local sales across the last 12 months.

  •   5   (47 reviews)
  •  18 Sales in San Luis Obispo
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