Listed by Krista Clearwater of Clearwater Real Estate
A Rare SLO Find: Character, Flexibility & Income Potential in the Desirable Banana BeltDiscover a unique opportunity in San Luis Obispo's desirable Banana Belt, conveniently located near downtown and Sinsheimer Park. Blending Craftsman charm with distinctive architectural details and a private, newly built ADU, this versatile property offers exceptional possibilities for multigenerational living, hosting extended guests, or income generation.Main House Features: - 3 bedrooms, 2 bathrooms, a dedicated laundry room, and a two-car garage. - Architectural character featuring sculptural details, graceful arches, fresh bedroom carpeting, and imported Italian porcelain flooring that offers the look of hand-pressed Saltillo tile with high durability. - Thoughtfully designed kitchen with a custom laid mosaic backsplash, butcher-block countertops, a copper sink, custom soft close cabinetry with pullouts, stainless steel appliances, and under-cabinet lighting. - Beautifully detailed bathrooms showcasing purpleheart wood framing Italian Carrara marble in the hall bath and a floor-to-ceiling marble shower in the primary suite.Private ADU Features: - Newly built, light-filled 2-bedroom, 2.5-bath ADU attached at the corner of the main house with minimal shared interior walls for optimal privacy. - Luxury vinyl plank flooring throughout, two matching upstairs bedrooms with ensuite bathrooms and soaking tubs, and west-facing sunset views from the living areas, bedrooms, and brand-new redwood deck.-Gorgeous handcrafted Mahogany center island Income Potential & Property Highlights: - Estimated ADU rental income of $3,500+ per month, with a proven history of approximately $25,000 annually operating the primary suite as an Airbnb homestay. (Note: Buyers to independently verify eligibility, permitting, owner-occupancy requirements, and future usage options). - Situated on a generous ~7,500-square-foot lot featuring a whimsical tree house, mature landscaping, and an elevated hot tub retreat.

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Property Details of 1602 Sydney Street

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Based on information submitted to CRMLS as of October 15, 2026 4:26 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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