For SaleNeutral Deal30 days on market
1220 Bassi Dr
1220 Bassi Dr, San Luis Obispo, CA 93405, San Luis Obispo, CA 93405
$3,399,000
Estimate®:$3,199,000
Listing Price
1220 Bassi Dr, San Luis Obispo, CA 93405
Loc: San Luis Obispo, CA
Days Listed
30
Tax Assessed
$2550k
Estimate®
$3199k
Market Rate
Lot Size
2.65 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Smith (C. L.) Elementary School
K-6
4.5 mi away
9
Laguna Middle School
7-8
4.6 mi away
10
San Luis Obispo High School
9-12
6.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Spanish colonial revivalstucco exteriorred tile roofluxury estatepanoramic viewslandscaped gardenscircular drivewaymulti-level architecturebalconysunset settingspacious groundshillside propertycourtyardMediterranean influence
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.23%
Total ROI
94.3%
Cash Flow
$7/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $7/mo net cash flow with a 6.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in San Luis Obispo
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-25 | Listed for sale | $3,399,000 | $575 |
| 2025-08-25 | Listing removed | $3,688,000 | $624 |
| 2025-08-22 | Listing removed | $7,900 | $1 |
| 2025-07-31 | Price change | $7,900 | $1 |
| 2025-06-23 | Listed for sale | $3,989,000 | $675 |
| 2024-08-07 | Listed for rent | $8,995 | $2 |
| 2024-04-20 | Listing removed | $0 | – |
| 2024-04-05 | Listed for rent | $8,995 | $2 |
| 2024-04-05 | Listing removed | $0 | – |
| 2024-03-07 | Listed for rent | $8,995 | $2 |
| 2021-03-26 | Sold | $2,310,000 | $391 |
| 2021-02-01 | Pending sale | $2,499,000 | $423 |
| 2021-01-23 | Price change | $2,499,000 | $423 |
| 2020-12-19 | Listed for sale | $2,650,000 | $449 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $2,550,423 |
| 2025 | $27,559.82 | $2,500,416 |
| 2024 | $27,091.52 | $2,451,389 |
| 2023 | $26,601.9 | $2,403,324 |
| 2022 | $24,934.48 | $2,356,200 |
| 2021 | $15,308.54 | $1,448,143 |
| 2020 | $15,150.82 | $1,433,296 |
| 2019 | $14,992.12 | $1,405,193 |
| 2018 | $14,696.68 | $1,377,641 |
| 2017 | $14,407.06 | $1,350,629 |
| 2016 | $14,123.1 | $1,324,147 |
| 2015 | $14,123.1 | $1,304,258 |
| 2014 | $12,767.96 | $1,278,710 |
| 2012 | $0 | $1,247,973 |
| 2011 | $0 | $1,223,504 |
| 2010 | $0 | $1,214,361 |
| 2009 | $0 | $1,217,247 |
| 2008 | $0 | $1,193,380 |
| 2007 | $0 | $1,169,981 |
| 2006 | $0 | $1,147,041 |
| 2005 | $0 | $1,124,551 |
| 2004 | $0 | $1,102,502 |
| 2003 | $0 | $1,082,296 |
| 2002 | $0 | $1,061,075 |
| 2001 | $0 | $1,025,000 |
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