2196 Rachel Street, San Luis Obispo, CA 93401

Fantastic views, a great SLO neighborhood AND an income-producing, permitted studio apartment! All this plus a beautiful, newer 3 bedroom 3 bath house and you’ve got a great R2 property sitting at the edge of Terrace Hill. Supplement your mortgage with the rent from the roomy studio apartment, or use that space to create a comfortable multi-generational home. The open-concept living, dining and kitchen area boast views of the South Hills, Irish Hills, Cerro San Luis and Bishop’s Peak. There is one bedroom and bath on the 1st floor and 2 bedrooms and 2 baths on the 2nd. The master suite and its private deck command the same great views and the bath is replete with two sinks, a Jacuzzi tub and separate shower. Appliances included, interior laundry, private, nicely landscaped rear yard. The attached studio has a private entrance, kitchen area, bathroom, washer/dryer and view deck. The studio is currently rented at $1100/month and has separate utility meters. In addition to the two-car garage there is one off-street parking space. Investors, families, Poly Parents– this one’s for you!