1481 Balboa

San Luis Obispo, CA 93405
Single Family Residence
$1,165,000
Sold (Apr 13, 2026) Sold vs. List Price: -2.5% $30,000 below last list price 7 Days on Market
1481 Balboa

Virtual Tours & Property Media

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Property Website
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Matterport Tour
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(note: A Matterport tour may be on the property website.)
Listing Agent: Jed Damschroder, DRE #01886306
Listing Brokerage: The Avenue Central Coast Realty, Inc.
Listing Brokerage Contact: 805-550-7960
6Beds
3Baths
1,817Sq Ft
6,000Lot Sq Ft
1963Year Built

Property Description

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.

Basic / Listing Information

Property Subtype
Single Family Residence
Parcel Number / APN
4,442,004
Days on Market
7
Cumulative Days on Market
7
Original List Price
$1,195,000
Last List Price
$1,195,000
Sold Price
$1,165,000
Listing Date
Feb 10, 2026
Sold Date
Apr 13, 2026
MLS#
SC26030333

Size & Layout

Year Built
1963
Living Area
1,817
Lot Size (sq ft)
6,000
Lot Size (acres)
0.1377
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Levels
One
Main-Level Bedrooms
6
Common Walls
No Common Walls

Interior

Interior Features
In Law Floorplan,Pantry,Bedroom On Main Level
Flooring
Carpet,Vinyl
Appliances
Dishwasher,Gas Range,Refrigerator,Water Heater
Laundry
Laundry Room
Heating
Central
Cooling
None

Exterior / Lot

View
Yes
View Types
Mountains,Neighborhood
Lot Features
Back Yard,Front Yard,Garden,Landscaped,Level
Exterior Features
Rain Gutters
Patio / Porch Features
Deck
Private Pool
No
Pool Features
None
Spa
No

Parking

Garage
No
Garage Spaces
0
Total Parking
0
Parking Features
Driveway

Utilities / Energy / Rural Features

Water Source
Public
Sewer
Public Sewer
Utilities
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

HOA / Community

Senior Community
No
HOA / Association
No
HOA Fee
$0
Community Features
Storm Drains,Suburban,Sidewalks
Common Interest
None

Schools / Location

High School District
San Luis Coastal Unified

Ownership / Other Listing Details

Additional Parcels
No
Possession
Close Of Escrow,See Remarks

IDX Information

Based on information from CRMLS as of April 14, 2026 at 11:40 AM PDT.

The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information is deemed reliable but is not guaranteed and should be independently reviewed and verified for accuracy. Property information is supplied by the listing broker and/or other sources and may be subject to errors, omissions, or changes without notice.

Properties displayed on this website may be listed by a real estate brokerage other than SLO County Homes.

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