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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1481 Balboa, San Luis Obispo – $1,195,000

  • 6 Beds
  • 3 Baths
  • 1,817 Sqft
  • .14 Acres
  • 6 Beds
  • 3 Baths
  • 1,817 Sqft
  • .14 Acres

1481 Balboa

Tucked away on a quiet street in the Laguna Lake area, this nicely maintained property offers exceptional flexibility and value on a 6,000 sq. ft. lot. The main residence features 4 bedrooms and 2 bathrooms, complemented by a brand-new 2-bedroom, 1-bath attached ADU with its own private entrance—ideal for investors, extended family living, or rental income. The main home has been thoughtfully updated with newer windows, vinyl plank flooring throughout much of the house, and a refreshed bathroom featuring a new shower and vanity. Many major systems have also been improved, including a newer roof, a furnace upgrade, and extensive foundation shoring completed by Foundation Solutions, providing peace of mind for years to come. The kitchen and living room are generously sized and functional, while all four bedrooms offer comfortable proportions. The newly constructed garage-conversion ADU is stylish and turnkey, boasting a full kitchen with quartz countertops, stylish tile backsplash, and stainless steel appliances. The modern bathroom features a subway tile shower with a frameless glass enclosure, and vinyl plank flooring runs throughout the unit. Outside, enjoy a large driveway with ample parking and a peaceful backyard complete with a deck platform and storage shed—perfect for relaxing or entertaining. Whether you’re looking for a strong investment opportunity, a perfect setup for Cal Poly students, or a home with private guest quarters, this versatile Laguna Lake property truly checks all the boxes.

Essential Information

  • MLS® #SC26030333
  • Price$1,195,000
  • Bedrooms6
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,817
  • Acres0.14
  • Year Built1963
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive Under Contract

Community Information

  • Address1481 Balboa
  • AreaSLO - San Luis Obispo
  • SubdivisionSan Luis Obispo(380)
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93405

Amenities

  • ParkingDriveway
  • GaragesDriveway
  • ViewMountain(s), Neighborhood
  • PoolNone

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Interior

  • InteriorCarpet, Vinyl
  • HeatingCentral
  • CoolingNone
  • FireplaceYes
  • FireplacesGas, Wood Burning
  • # of Stories1
  • StoriesOne

Interior Features

Pantry, Bedroom on Main Level, In-Law Floorplan

Appliances

Dishwasher, Gas Range, Refrigerator, Water Heater

Exterior

  • ExteriorStucco
  • Exterior FeaturesRain Gutters
  • WindowsDouble Pane Windows
  • RoofComposition
  • ConstructionStucco
  • FoundationSlab

Lot Description

Back Yard, Front Yard, Garden, Landscaped, Level

School Information

  • DistrictSan Luis Coastal Unified
  • HighSan Luis Obispo

Additional Information

  • Date ListedFebruary 6th, 2026
  • Days on Market38

Listing Details

  • AgentJed Damschroder

Office

The Avenue Central Coast Realty, Inc.

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Price Change History for 1481 Balboa, San Luis Obispo, (MLS® #SC26030333)

Date Details Change
Status Changed from Active to Active Under Contract

Jed Damschroder, The Avenue Central Coast Realty, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of March 20th, 2026 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.