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895 Lincoln Street, San Luis Obispo, CA 93405

$1.40M5bd · 2ba · 1,480 sqft
Lot 6,802 sqft•Single Family Residence•
Active
•7d on market•MLS# SC-26193351

Property Description

Exceptional opportunity just blocks from downtown San Luis Obispo and close to Cal Poly. This updated 5-bedroom, 2-bathroom home offers a rare combination of location and versatility that appeals to both investors and owner-occupants. Completely renovated in 2020, improvements include flooring, countertops, bathrooms, windows and window coverings, appliances, washer and dryer, heating system and roof. Generous living spaces, a huge backyard and plenty of off-street parking further enhance the property. The flexible 5-bedroom layout provides plenty of options for full-time living, additional workspace, guests, or rental income. Ideally situated for enjoying the best of SLO, with easy access to prime dining, shopping, entertainment, and an array of local amenities.

Features & Amenities

FeeBuilt 1943

Property Details

Land Type
Fee
Year Built
1943
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Forced Air
Cooling
None
Flooring
Wood
City
San Luis Obispo
Zip Code
93405
County
San Luis Obispo
Listed byUnknown Office, Kevin Goodwin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,053.88
Principal & Interest
Loan Amount
$1,116,000
Total Interest
$1,423,396
Total Payment Over 30 Years
$2,539,396
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

895 Lincoln Street, San Luis Obispo, CA 93405

San Luis Obispo · Single Family Residence

$1.40M
Affordable Tier
Beds
5
Baths
2
Sqft
1,480
Lot
6,802 sqft
Year
1943
$/Sqft
$943
Pool: No✓
Spa: No✓

Listed 24.6% above the median closed sale of $1,120,000. Price per sqft ($943) is a 25% premium to closed comps ($753). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.40M· $943/sqft
Total list price
Closed comps
vs closed median $1.12M
+$275K (+24.6%)
Active comps
vs active median $1.23M
+$165K (+13.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $875
+$68 (+7.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2599 Helena StreetSan Luis Obispo1953421,3416,089$1,007$1.35M8085
133 TassajaraSan Luis Obispo1944331,6945,251$708$1.20M3381
2061 Ward StreetSan Luis Obispo1938321,2007,103$1,025$1.23M10380
2049 Sierra WaySan Luis Obispo1953311,4066,534$675$949,0002178
615 Grove StreetSan Luis Obispo1939331,7486,098$958$1.68M5475
Total: 5 · Average3.22.21,477.86,215$874.6$1.28M58.2
Median1,406$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
32 RafaelSan Luis Obispo194208/11/2026421,2805,500$1.10M$1.21M$9451.103389
298 Ramona DriveSan Luis Obispo195507/01/2026521,7366,970$1.20M$1.12M$6450.944786
1107 Atascadero StreetSan Luis Obispo196109/11/2026421,3806,100$896,000$864,000$6260.965782
441 LunetaSan Luis Obispo195906/30/2026421,4008,400$1.20M$1.20M$8571.004281
1222 Newport StreetSan Luis Obispo196305/20/2026421,3977,400$939,000$970,000$6941.032880
Total: 5 · Average4.22.01,438.66,874$1.07M$1.07M$753.4—41.4
Median1,397$1.12M$1.12M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.