For sale Home

Listed May 18, 2026

$1,295,000 Est. $8,565/mo

123 Ramona

  • 4

    Beds

  • 3

    Baths

  • 2,180

    Sq ft

The story

  • Pool
  • Basement

Located in one of San Luis Obispos most desirable neighborhoods just minutes from California Polytechnic State University, downtown SLO, famous nearby mountains and top-rated schools, this exceptional property offers charm, versatility, and income-producing opportunity for owner-occupants, investors, or those seeking multi-generational living. Situated on an expansive 6,190 square foot parcel, the property features approximately 2,180 square feet of living space. The main residence offers a functional and inviting layout filled with abundant natural light. The first floor includes a well-appointed kitchen with stainless steel appliances, two bedrooms, one full bathroom, a bonus area, living room, oversized family room, in-unit laundry, and a garage currently utilized for storage. Upstairs, the private primary suite creates a peaceful retreat complete with a full bathroom and walk-in closet. Adding even more flexibility, the attached, permitted studio features its own private entrance, kitchenette, and full bathroomideal for guests, extended family, student housing, or rental income. Other highlights include ample storage, an updated electrical panel, rear rock patio, and mature fruit bearing trees. The generous floor plan presents potential for additional bedrooms or bathrooms, and the garage may present ADU conversion, subject to buyer verification and approval with the City of San Luis Obispo. Whether envisioned as a primary residence, an income-producing investment, or a property with room to expand and create, this home offers endless potential in an unbeatable location

Facts & features

Home type

Home

Year built

1953

Floors

2

Price per sq ft

$594

Parking

1-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Basement

    Yes

  • Cooling

    N/K

  • Heating

    Forced Air Unit

  • Appliances

    Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Freezer, Gas Oven, Gas Range

  • Flooring

    Carpet, Linoleum/Vinyl, Tile, Wood

  • Roof

    Composition, Shingle

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$8,565 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $6,893
  • Property tax $1,295
  • Insurance $378

Includes principal, interest, taxes & insurance.

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Listing Broker

Triad Real Estate Group

Broker Name

Triad Real Estate Group

Agent

Jenna Lee

Location

San Luis Obispo CA 93401