1481 Balboa, San Luis Obispo, CA 93405
Tucked away on a quiet street in the Laguna Lake area, this nicely maintained property offers exceptional flexibility and value on a 6,000 sq. ft. lot. The main residence features 4 bedrooms and 2 bathrooms, complemented by a brand-new 2-bedroom, 1-bath attached ADU with its own private entrance—ideal for investors, extended family living, or rental income. The main home has been thoughtfully updated with newer windows, vinyl plank flooring throughout much of the house, and a refreshed bathroom featuring a new shower and vanity. Many major systems have also been improved, including a newer roof, a furnace upgrade, and extensive foundation shoring completed by Foundation Solutions, providing peace of mind for years to come. The kitchen and living room are generously sized and functional, while all four bedrooms offer comfortable proportions. The newly constructed garage-conversion ADU is stylish and turnkey, boasting a full kitchen with quartz countertops, stylish tile backsplash, and stainless steel appliances. The modern bathroom features a subway tile shower with a frameless glass enclosure, and vinyl plank flooring runs throughout the unit. Outside, enjoy a large driveway with ample parking and a peaceful backyard complete with a deck platform and storage shed—perfect for relaxing or entertaining. Whether you’re looking for a strong investment opportunity, a perfect setup for Cal Poly students, or a home with private guest quarters, this versatile Laguna Lake property truly checks all the boxes.
Bedrooms
6
Bathrooms
3
Square Feet
1,817
Lot Size
6,000 sqft
Year Built
1963
Property Type
Single Family Residence
Days on Market
7
HOA Fee
N/A
Garage Total
0
MLS #
SC26030333
Interior Features
In Law Floorplan, Pantry, Bedroom On Main Level
Flooring
Carpet, Vinyl
Fireplace
Gas, Wood Burning
Appliances
Dishwasher, Gas Range, Refrigerator, Water Heater
Laundry
Laundry Room
Main Level Master
Yes
Heating
Central
Patio & Porch
Deck
Construction
Stucco
Foundation
Slab
Roof
Composition
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Based on price, location, and features
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