For SaleRisky Deal70 days on market
2645 El Cerrito St
2645 El Cerrito St, San Luis Obispo, CA 93401, San Luis Obispo, CA 93401
$2,499,000
Estimate®:$2,398,200
Listing Price
2645 El Cerrito St, San Luis Obispo, CA 93401
Loc: San Luis Obispo, CA
Days Listed
70
Tax Assessed
$1071k
Estimate®
$2398k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$6,044/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Sinsheimer Elementary School
K-6
0.3 mi away
9
Laguna Middle School
7-8
3.2 mi away
10
San Luis Obispo High School
9-12
1 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
modernranchstucco exteriorwood beam overhanglandscaped gardenpaver walkwayminimalistcontemporaryraised planterscurb appealsingle-storymid-century influenceclean lines
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.31%
Total ROI
-12.6%
Cash Flow
$-10,232/mo
DSCR
0.21
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-10,232/mo net cash flow with a 1.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in San Luis Obispo, CA
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-17 | Price change | $2,499,000 | $589 |
| 2026-08-13 | Price change | $2,639,000 | $622 |
| 2026-07-16 | Listed for sale | $2,839,000 | $669 |
| 2021-03-17 | Sold | $941,000 | $222 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,070,774 |
| 2025 | $11,493.6 | $1,049,779 |
| 2024 | $11,296.78 | $1,029,196 |
| 2023 | $17,765.6 | $1,612,016 |
| 2022 | $10,083.2 | $959,820 |
| 2021 | $1,521.12 | $150,198 |
| 2020 | $1,504.76 | $148,659 |
| 2019 | $1,487.68 | $145,745 |
| 2018 | $1,457.04 | $142,888 |
| 2017 | $1,427.02 | $140,087 |
| 2016 | $1,397.58 | $137,341 |
| 2015 | $1,397.58 | $135,279 |
| 2014 | $1,261.32 | $132,630 |
| 2012 | $0 | $129,443 |
| 2011 | $0 | $126,906 |
| 2010 | $0 | $125,958 |
| 2009 | $0 | $126,259 |
| 2008 | $0 | $123,784 |
| 2007 | $0 | $121,358 |
| 2006 | $0 | $118,980 |
| 2005 | $0 | $116,648 |
| 2004 | $0 | $114,362 |
| 2003 | $0 | $112,267 |
| 2002 | $0 | $110,067 |
| 2001 | $0 | $107,910 |
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