1052 Islay St, San Luis Obispo, CA 93401

Charming home in highly desirable San Luis Obispo neighborhood within walking distance to downtown, shopping and so much more! Built in 1910, this home is historically designated with a Mills Act property tax reduction that passes to the new owner and is part of the old town district (2011 taxes $2,277 that's an savings of approximately $5,000 annually which supports nearly $80,000 in mortgage). Gorgeous wood floors, 3 bedrooms, 2 baths, high ceilings and a detached 4 car garage in the back! The 4-car garage has the potential for additional development. Zoned R3, it allows for 2 more units to be built! Recent improvements include a new driveway for ample off-street parking and patio, new kitchen and an expansion of the second bathroom. This home has old world charm, but is also a wonderful investment with so much potential!