For SaleRisky Deal132 days on market
2221 King Ct Unit 40
2221 King Ct Unit 40, San Luis Obispo, CA 93401, San Luis Obispo, CA 93401
$649,000
Estimate®:$638,700
Listing Price
2221 King Ct Unit 40, San Luis Obispo, CA 93401
Loc: San Luis Obispo, CA
Days Listed
132
Tax Assessed
$699k
Estimate®
$639k
Market Rate
Lot Size
1,202 sqft
Rent Estimate
$3,193/mo
Est. Cash Flow base
Type
condo
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.
6
Hawthorne Elementary School
K-6
0.2 mi away
9
Laguna Middle School
7-8
2 mi away
10
San Luis Obispo High School
9-12
1.2 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
contemporarymulti-levelwood sidingattached carportgable roofchimneylow-maintenancesuburbanlandscaped lawnfire lanegray exteriorresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.14%
Total ROI
27.0%
Cash Flow
$-1,671/mo
DSCR
0.50
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,671/mo net cash flow with a 3.1% 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 |
|---|---|---|---|
| 2026-08-27 | Price change | $649,000 | $528 |
| 2026-05-15 | Listed for sale | $699,000 | $569 |
| 1995-08-15 | Sold | $125,000 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $698,700 |
| 2025 | $2,440.18 | $221,390 |
| 2024 | $2,398.72 | $217,050 |
| 2023 | $2,355.38 | $212,795 |
| 2022 | $2,207.74 | $208,623 |
| 2021 | $2,172.64 | $204,533 |
| 2020 | $2,150.38 | $202,437 |
| 2019 | $2,128.08 | $198,469 |
| 2018 | $2,086.36 | $194,578 |
| 2017 | $2,045.44 | $190,763 |
| 2016 | $2,005.36 | $187,024 |
| 2015 | $2,005.36 | $184,215 |
| 2014 | $1,813.28 | $180,607 |
| 2012 | $0 | $176,268 |
| 2011 | $0 | $172,813 |
| 2010 | $0 | $171,523 |
| 2009 | $0 | $171,932 |
| 2008 | $0 | $168,562 |
| 2007 | $0 | $165,258 |
| 2006 | $0 | $162,018 |
| 2005 | $0 | $158,842 |
| 2004 | $0 | $155,729 |
| 2003 | $0 | $152,876 |
| 2002 | $0 | $149,879 |
| 2001 | $0 | $146,941 |
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