Bring your hard hat and your imagination to this rare opportunity in one of San Luis Obispo's most desirable neighborhoods. Set on an R2-zoned parcel, this property offers exceptional potential for renovation, expansion, or redevelopment (buyer to verify). The driveway leads to a French-door style single-car garage with an attached 286± sq ft workshop perfect for projects or storage, and a brick paver patio. Upstairs, a 273± sq ft porch deck with exceptional views welcomes you into the 540± sq ft home, featuring a living room, dining area, kitchen with breakfast nook and ample storage, a bedroom with ensuite bath, and a walk-in closet. Hardwood flooring and an abundance of windows provide natural light throughout, while a wall furnace serves the home. The oversized lot is a standout-rich with mature vegetation, garden spaces, a citrus tree, and a mix of concrete and paver patio areas. An open shed currently houses the laundry. Located close to Terrace Hill, Sinsheimer Park, French Hospital, San Luis Obispo High School, and Downtown SLO. This property offers endless potential to renovate, rebuild, or completely reimagine in a prime San Luis Obispo location.