& 762 Woodbridge

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& 762 Woodbridge

San Luis Obispo, California

$1,649,000

Overview

Residential
Property Type

4
Bedrooms

5
Bathrooms

2
Garages

2060
Sqft

270431
Property ID

Description

Welcome to 762 & 760 Woodbridge Street, an exceptional and rare investment opportunity located in the heart of San Luis Obispo’s beloved Little Italy neighborhood. This thoughtfully updated, fully furnished multi-unit property offers two distinct living spaces totaling 2,060 sq ft, providing outstanding versatility for owner-occupants, investors, 1031 exchange or those seeking a combination of both. The front residence at 762 Woodbridge is a charming 2-bedroom, 1.5-bath home spanning 860 sq ft. With a bright, open floor plan, abundant natural light, and warm interior finishes, this unit offers a seamless flow between the living, dining, and kitchen areas. The in-unit laundry, conveniently located in the half bath, adds to the home’s overall functionality and ease of living. Tucked at the rear of the property is 760 Woodbridge, a modern ADU built in 2021. Offering 2 bedrooms, 1.5 baths, and 816 sq ft of sleek, contemporary design, this residence features an open-concept layout, clean architectural lines, and upscale finishes throughout. Just outside, a 288 sq ft partially covered deck extends the living space outdoors, perfect for relaxing or entertaining. Behind the garage lies a bonus 384 sq ft shop. Whether used as a home office, creative space, fitness room, or guest quarters, the possibilities are endless. A large 576 sq ft (24×24) finished 2-car garage complete with painted drywall and epoxy flooring provides secure parking, extra storage, or a potential workshop. Each living space has its own private entrance, offering separation, privacy, and flexibility for a variety of living arrangements. The entire property is serviced by an owned solar system, reducing utility costs and increasing long-term value. Best of all, this turn-key investment comes fully furnished and equipped, generating an impressive gross monthly income of approximately $8,950. Beautifully maintained and move-in ready, 762 & 760 Woodbridge offers more than just a home, it provides a lifestyle.