1481 Balboa St., San Luis Obispo, CA 93405
- $1,195,000
- $1,195,000
Description
Nicely maintained 4-bed home + new 2-bed ADU
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, subway 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.
Distinctive Details:
- Dual-living setup featuring a nicely maintained 4-bed / 2-bath main home plus a brand-new 2-bed / 1-bath attached ADU with a separate entrance.
- Located on a quiet street in the desirable Laguna Lake area, offering a peaceful residential setting.
- Extensive system upgrades including a newer roof, updated furnace, and professional foundation shoring completed by Foundation Solutions.
- Modern interior updates in the main home, such as newer windows and vinyl plank flooring throughout much of the house.
- Stylish, turnkey ADU with a full kitchen featuring quartz countertops, subway tile backsplash, and stainless steel appliances.
- Contemporary ADU bathroom with a subway tile shower and frameless glass enclosure.
- Ample parking provided by a large driveway, ideal for multi-household living or rental use.
- Peaceful backyard retreat complete with a deck platform and storage shed, perfect for relaxing or entertaining
Address
Open on Google Maps-
Address: 1481 Balboa St.
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City: San Luis Obispo
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State/county: California
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Zip/Postal Code: 93405
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Area: Laguna Area
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Country: United States
Details
Updated on February 10, 2026 at 8:59 am-
Price $1,195,000
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Property Size 1817 sq ft
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Bedrooms 6
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Bathrooms 3
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Property Type Multi Family Home, Single Family Home with ADU
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Property Status For Sale, New Listing