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1351 Royal Way

San Luis Obispo, CA 93405

3 bd 2 ba 1,243 sqft Built 1980 Lot 3,433 sqft single_family
Most recent sale
$615,000
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 10, 2022 Listed $620,000 MLS #PI22026933
Feb 9, 2022 Sold $615,000 MLS #PI22026933
Oct 7, 2016 Sold $450,000 MLS #SP1069970
Sep 4, 2016 Listing removed $475,000 CentralCoast
Aug 8, 2016 Listed $475,000 MLS #SP1069970

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $254,689 $397,953 $652,642 $7,193
2024 $254,689 $397,953 $652,642 $7,071
2023 $244,800 $382,500 $627,300 $6,943
2022 $218,727 $273,411 $492,138 $5,133
2021 $214,439 $268,050 $482,489 $5,050
2020 $212,241 $265,302 $477,543 $4,998
2019 $208,080 $260,100 $468,180 $4,945
2018 $204,000 $255,000 $459,000 $4,847
2017 $200,000 $250,000 $450,000 $4,825
2016 $117,804 $71,385 $189,189 $2,029
2015 $116,035 $70,313 $186,348 $1,998
2014 $113,763 $68,936 $182,699 $1,834
2013 $113,249 $68,625 $181,874 $1,826
2012 $111,029 $67,280 $178,309 $1,790
2010 $108,039 $65,469 $173,508 $1,740
2009 $108,296 $65,625 $173,921 $1,743
2008 $106,173 $64,339 $170,512 $1,709
2007 $104,092 $63,078 $167,170 $1,675

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,243 sqft
Lot size
3,433 sqft
ZIP code
93405
City
San Luis Obispo
Street
Royal Way
Coordinates
35.25958, -120.69088

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,978
Gross rental yield
7.76%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 1351 Royal Way last sell?
1351 Royal Way most recently sold on Feb 9, 2022 for $615,000.
What is the current tax assessment for 1351 Royal Way?
The most recent total assessment for 1351 Royal Way (year 2025) is $652,642 with $7,193 in property tax.
How does 1351 Royal Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $615,000.
When was 1351 Royal Way built?
1351 Royal Way was built in 1980.
How does 1351 Royal Way compare to others on Royal Way?
We track 8 other properties on Royal Way. Browse the list under "Other properties on Royal Way" to compare beds, baths, and sale history.
What are the property facts for 1351 Royal Way?
1351 Royal Way is a 3 bed, 2 bath, 1,243 sqft, 3,433 sqft lot single_family.
Is 1351 Royal Way a flip candidate?
No — 1351 Royal Way does not appear in our flips dataset.
Is 1351 Royal Way a tax-appeal candidate?
No — 1351 Royal Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-9.1%
Implied 1-yr
-36.3%
2026 Q3
$1.15M
2026 Q4
$898K
ZIP 93405 — Median Price History + Forecast

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