Skip to main content
San Luis Obispo, CA

$599,000

769 Mutsuhito Avenue, San Luis Obispo, CA
2
Beds
3
Baths
1,396
Sq Ft
1993
Built
42
Days listed

About this home

HUGE PRICE REDUCTION!!! "Incredible value! Priced to sell at $76,000 below the county's recent tax reassessment value. Because California property taxes reset to the final purchase price upon sale, the buyer will benefit from an immediate, permanently lowered tax base from day one. Don't miss this rare opportunity!" Villa Rosa may be one of the most beautiful developments in SLO. Located just south of the Little Italy Historic district. As you approach this 85 unit European like Village is a beautiful vintage Italianesque Architecture gently terraced into a lushly landscaped site with gently raised patios along the outdoor corridor. These private patios leave plenty of room for outdoor furniture and barbeques whether your having your morning coffee or evening beverage with friends. The exterior is uniquely private and pleasant. As you enter the home you are met with an open floor plan that adds a largeness to the space. The Living area features Large windows that stream light into the space and offer great views of Adjacent Architectural features and landscape while not sacrificing privacy. A wood burning fireplace is a feature that appears like new. This open area of the Living and Dining has rich warm wood floors. The kitchen is nicely laid out with plenty of cabinets and although original appears to be in great shape. There is a downstairs Powder Rm just off the hallway prior to ascending the stairs to the Bedrooms level. On the second floor there is a ample common/hall area that has a washer and dryer behind accordion closet doors. The Primary Bedroom suite consists of a large Primary with beautiful views of the adjacent Architecture combined with Eastern light make this a great place to read a book and relax. This primary also has an on suite bath w/ double sinks and tons of closet. The second bedroom also quite large could be used as a bedroom or auxiliary office with it Western Patio that overlooks the Courtyard that serves as entry to garages. This unit does have a 1 car finished garage off of this courtyard. Please enjoy the pictures as this is a wonderful, quite, peacefull place to live and enjoy.

Facts & features

Interior
Bedrooms
2
Bathrooms
2 full, 1 half
Living area
1,396 sq ft
Interior features
Balcony, Ceiling Fans, Open Floorplan, Pantry, All Bedrooms Up, Primary Suite
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Fireplace
Living Room, Wood Burning, Zero Clearance
Heating
Forced Air, Natural Gas
Cooling
None
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Upper Level
Levels
Two
Exterior & lot
Lot size
0.032 acres (1,396 sq ft)
Pool
None
View
Courtyard
Year built
1993
Parking spaces
1
Community
Area
SLO - San Luis Obispo
County
San Luis Obispo
Community features
Gutters, Sidewalks, Urban
HOA fee
$475/mo
Listing details
Status
Active
Property type
Condominium
Days on market
42
Listed
2026-06-02
Original price
$700,000
Terms
Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Exchange 1031
Parcel #
053197028
MLS #
NS26122348
Listed by
Frank Henderson · Platinum Properties

Location

Price history

Listed
$700,000 · 2026-06-02
Price reduced
$599,000 (−$101,000)
Days on market
42
Current price
$599,000
Financing

Could this home be yours?

Estimated monthly payment
$3,758
$3,029 principal & interest · $729 taxes & insurance
$119,800
Estimate only
Loan $479,200

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

Qualify for this home

Get pre-qualified with Your Agent and see your real rate and payment — no obligation.

Own a home?

What's your home worth?

Estimated value range nearby
$746,033$875,778

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

Get a free home valuation

Thinking of selling? Your Agent will prepare an accurate, no-obligation valuation and selling consultation.

Similar homes in San Luis Obispo

See all homes in San Luis Obispo

Listing data provided by CRMLS

Listing courtesy of Platinum Properties. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

Thinking about a move? Your Agent can help — get tailored listings & honest advice.