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2021 Broad St, San Luis Obispo, CA, 93401

5beds
2baths
1,666sqft
$989,000
$594price/sqft
$6,054/moest. monthly cost
$242,160/yrincome needed

About This Home

Two homes on one lot zoned CN – Commercial Neighborhood, offering excellent flexibility and exposure. Unique opportunity to live in one home while using the other for residential or allowable business use (buyer to verify). Prominent corner location at Broad Street and Sandercock with strong visibility. Both homes are nicely finished inside and rent-ready. Broad st property is currently rented, is 880 sq ft 3 to 1 bath and the second home, located at 674 Sandercock St, is approximately 786 sq ft 2 bed 1 bath currently vacant. Older properties offered as-is and priced accordingly. Ideal for owner-user, investor, or future CN redevelopment in a prime San Luis Obispo corridor.

Getting Around

88
WalkingVery Walkable
32
TransitSome Transit
87
BikeVery Bikeable

Schools

6/10
9/10
Laguna Middle SchoolGrades 7-82.2 mi
10/10

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Dryer,Washer
  • Laundry features: Common Area

Bedroom

  • Features: All Bedrooms Down

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Cooling

  • Cooling features: None

Features

  • Balcony,All Bedrooms Up,All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 1,666 sqft

Property

Details

  • Parcel number: 003745015
  • Zoning: CN
  • Special condition: Trust

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Fencing: Partial
  • Has view: Yes
  • View description: Hills

Lot

  • Lot size: 7,500 sqft
  • Features: Irregular Lot,Level

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Unpaved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,000$60,000
Home Insurance *$129$1,548
Property Taxes $527$6,324
Electricity $398$4,786
Total$6,054$72,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,565/yr
40% on housing$181,620/yr
45% on housing$161,440/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$594This listing

vs Other Active Listings

Avg $/sqft

ZIP 93401$857
San Luis Obispo County$560

vs Homes Sold Last Month

Median $/sqft

ZIP 93401$660
San Luis Obispo County$522

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-11Pending sale$989,000
2026-02-08Price change$989,000
2026-01-25Listed for sale$1,050,000
2026-01-13Pending sale$1,050,000
2025-12-19Listed for sale$1,050,000

For Sale by Agent

AgentLinda Wilson
BrokerageCentral Coast Sotheby's International Realty

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