For SaleRisky Deal550 days on market
1498 Oconnor Way
1498 Oconnor Way, San Luis Obispo, CA 93405, San Luis Obispo, CA 93405
$3,450,000
Listing Price
1498 Oconnor Way, San Luis Obispo, CA 93405
Loc: San Luis Obispo, CA
Days Listed
550
Lot Size
189.00 acres
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.
9
Bishop's Peak Elementary School
K-6
2.5 mi away
9
Laguna Middle School
7-8
3.4 mi away
10
San Luis Obispo High School
9-12
4.6 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
ruralranchagriculturalpasturehillsidefarmhousefarmsteaddirt roadlarge acreagescenic viewsopen spaceoutbuildingssecluded
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.2%
Cash Flow
$-531/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-531/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-05-22 | Listed for sale | $3,450,000 | $1,438 |
| 2026-04-28 | Contingent | $3,450,000 | $1,438 |
| 2026-04-28 | Pending sale | $3,450,000 | $1,438 |
| 2025-11-01 | Price change | $3,450,000 | $1,438 |
| 2025-08-08 | Price change | $3,995,000 | $1,665 |
| 2025-03-24 | Listed for sale | $4,200,000 | $1,750 |
| 2009-05-18 | Listing removed | $3,400,000 | $1,417 |
| 2009-03-01 | Listed for sale | $3,400,000 | $1,417 |
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