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$1,515,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,180 Sq. Ft.
  • 1 Car Garage
  • Updated 2 hours ago
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Located in one of San Luis Obispo's 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 bathroom-ideal 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. Currently tenant-occupied through June 30, 2026, the property generates rental income with the main residence leased at $4,655/month and the studio at $1,545/month, with potential rental upside for market-rate adjustments, making it an attractive opportunity for investors seeking long-term cash flow in a high demand rental market. Whether you envision a beautiful primary residence, an income-producing investment, or a property with room to expand and create, this home offers endless potential in an unbeatable location. Rarely do opportunities like this become available in the Bishop Knoll neighborhood.

Full Property Details for 123 Ramona

General

  • Price: $1,515,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SC26112646
  • Updated: 5/28/2026
  • Days on Market: 3 days
  • Added to Site: 3 day(s) ago

Interior

  • Rooms/Areas: Walk-In Closet, Primary Bedroom, Attic, Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Family Room, Primary Bathroom
  • Interior Features: Quartz Counters, Copper Plumbing (Partial), Unfurnished, Ceiling Fan(s), Recessed Lighting, Sump Pump, Storage
  • Fireplace: Yes
  • Fireplace(s): Gas, Family Room
  • Eating Areas: In Kitchen
  • Appliances: Disposal, Microwave, Refrigerator, Gas Water Heater, Gas Range, Freezer, Gas Oven, Dishwasher
  • Flooring: Tile, Vinyl, Carpet, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, Gas Dryer Hookup, Washer Hookup, Washer Included, Dryer Included

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: Open Patio, Patio, Covered, Tile, Concrete, Porch, Front Porch, Stone

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Garage, Concrete, Covered, Driveway

Location

  • County: San Luis Obispo
  • Subdivision: San Luis Obispo(380)
  • Driving Directions: Santa Rosa N to Foothill, L on La Entrada, R on Ramona to 123 Ramona Dr.
  • Direction Faces: North

School Information

  • School District: San Luis Coastal Unified
  • Elementary School: BISPK
  • Middle School: LAGUNA
  • High School: SALUOB

Community

  • Community Features: Gutters, Curbs, Hiking, Mountainous, Street Lights, Sidewalks

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Construction: Wood Siding, Stucco, Stone, Drywall Walls
  • Foundation: Slab
  • Roof: Composition, Shingle
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows
  • Disability Access: Parking, Low-Pile Carpeting
  • Entry Location: Front Door
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,180
  • Sq. Ft. Source: Other
  • Year Built: 1953
  • Year Built Source: Public Records

Lot Features

  • Property View: Mountain(s), Neighborhood, Hills
  • Lot Size (Acres): 0.1421
  • Lot Size (Sq. Ft.): 6,190
  • Lot Size Source: Other
  • Irrigation System: Sprinkler System
  • Lot Description: Landscaped, Near Public Transit, Park Nearby, Drip Sprinkler System, 2-5 Units/Acre, Front Yard, Back Yard
  • Fencing (Description): Chain Link, Wood

Financial Considerations

  • Price Per Sq. Ft.: $694.95

Disclosures and Reports

  • Special Conditions: Standard

Listed by Triad Real Estate Group, Jenna Lee

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Listing agent

— 123 Ramona —

  • Jenna Lee

    Triad Real Estate Group

805-503-0572

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 123 Ramona

School District:San Luis Coastal Unified School District
NameGradesDistance
Bishop's Peak Elementary School
451 Jaycee Drive, San Luis Obispo, CA 93405
K-60.3 mi
Laguna Middle School
11050 Los Osos Valley Road, San Luis Obispo, CA 93405
7-82.1 mi
San Luis Obispo High School
1499 San Luis Drive, San Luis Obispo, CA 93401
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 Ramona Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/25/2026
Listed
$1,515,000
74.14%
MLS
5/26/2021
Sold
$870,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 123 Ramona

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,380
4%
$941,714
2%
2023
$10,019
—
$923,250
2%
2023
$10,019
7%
$905,148
2%
2022
$9,391
27%
$887,400
28%
2021
$7,372
1%
$693,986
1%
2020
$7,296
1%
$686,871
2%
2019
$7,221
2%
$673,404
2%
2018
$7,079
4%
$660,200
4%
2017
$6,809
18%
$635,000
18%
2016
$5,790
834%
$540,000
733%
2015
$620
9%
$64,825
2%
2014
$568
1%
$63,556
—
2013
$565
—
$63,270
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 123 Ramona

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Triad Real Estate Group, Jenna Lee

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123 Ramona, San Luis Obispo, CA 93405 (MLS# SC26112646) is a Single Family property with 4 bedrooms and 3 full bathrooms. 123 Ramona is currently listed for $1,515,000 and was received on May 25, 2026. Want to learn more about 123 Ramona? Do you have questions about finding other Single Family real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.

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