Price Reduced Listing
$1,325,000
 $7,113 est/mo Sourced by Back At You

123 Ramona,San Luis Obispo, CA 93405

San Luis Obispo, CA 93405

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Description

Located in one of San Luis Obispo's most desirable neighborhoods just minutes from California Polytechnic State University, downtown SLO, famous nearby mountains and top-rated schools, this exceptional property offers charm, versatility, and income-producing opportunity for owner-occupants, investors, or those seeking multi-generational living. Situated on an expansive 6,190± square foot parcel, the property features approximately 2,180± square feet of living space. The main residence offers a functional and inviting layout filled with abundant natural light. The first floor includes a well-appointed kitchen with stainless steel appliances, two bedrooms, one full bathroom, a bonus area, living room, oversized family room, in-unit laundry, and a garage currently utilized for storage. Upstairs, the private primary suite creates a peaceful retreat complete with a full bathroom and walk-in closet. Adding even more flexibility, the attached, permitted studio features its own private entrance, kitchenette, and full bathroom-ideal for guests, extended family, student housing, or rental income. Other highlights include ample storage, an updated electrical panel, rear rock patio, and mature fruit bearing trees. The generous floor plan presents potential for additional bedrooms or bathrooms, and the garage may present ADU conversion, subject to buyer verification and approval with the City of San Luis Obispo. Whether envisioned as a primary residence, an income-producing investment, or a property with room to expand and create, this home offers endless potential in an unbeatable location. Rarely do opportunities like this become available in the Bishop Knoll neighborhood.

Details

MLS #SC26112646
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1953
Days On Site105
Listing Provided ByTriad Real Estate Group | Jenna Lee

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,180
Garage1
BasementY
Story(s)2
Units2
Acreage0.14
Property ViewYes

Interior

CoolingNone
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoNo
Interior FeaturesCeiling Fans, Eat In Kitchen, Quartz Counters, Recessed Lighting, Storage, Unfurnished, Attic, Bedroom On Main Level, Walk In Closets
Window FeaturesDouble Pane Windows
AppliancesDishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Sump Pump, Washer
Fireplace Yes / NoYes

Exterior

Exterior FeaturesRain Gutters
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detectors, Smoke Detectors
Construction MaterialsDrywall, Stone, Stucco, Wood Siding
Foundation DetailsSlab
Lot FeaturesTwo To Five Units Acre, Back Yard, Drip Irrigation Bubblers, Front Yard, Landscaped, Near Park, Near Public Transit
FencingChain Link, Wood

Parking

Attached Garage Yes / NoYes
Parking FeaturesConcrete, Covered, Driveway, Garage
Garage Yes / NoYes

Utilities

UtilitiesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
ElectricElectricity On Property
SewerPublic Sewer

Location

Community FeaturesCurbs, Gutters, Hiking, Mountainous, Street Lights, Sidewalks, Park

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$1,325,000
low | high
Med:
$2,400,000
31.132075471698% of Average
sqft:
2,180
low | high
Med:
3,061
9.587155963303% of Average
$ / sqft:
$608
low | high
Med:
$784
21.00035134652% of Average
On site:
105
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 93405

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Learn More About This Property

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$1,325,000
low | high
Med:
$2,400,000
31.132075471698% of Average
sqft:
2,180
low | high
Med:
3,061
9.587155963303% of Average
$ / sqft:
$608
low | high
Med:
$784
21.00035134652% of Average
On site:
105
low | high
Med:
28
100% of Average
Sourced by Back At You
Listing Updated: September 7, 2026 at 12:42:12 AM PDT