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Updated 5 hours ago

1561 Royal Way


San Luis Obispo, CA

2 Bed
•
2 Bath

750 Sq. Ft.

Available starting Jul. 1st
Floor plans
2 Beds • 2 Bath
$3,900
750 ft2
1 Available
Managed By: avail
BRAND NEW ADU - SMALL UNIT ADDED TO BACK YARD BY LAGUNA LAKE
$3,900
Available Jul 1st, 2025
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1561 Royal Way
1561 Royal Way
1561 Royal Way
Fees & leasing info
Lease & Fees
Security Deposit: $3,900.00
Property details
Description

JUST FINISHING UP ...NOW.
This ADU (Additional Dwelling Unit, located in back yard of home in LOVELY NEIGHBORHOOD) ... is just being finished NOW. Will be ready to move in by JULY 1ST (or within week or two thereafter).
It will include: BRAND NEW washer-dryer, stove, refrigerator, heater, a/c, two LARGE BEDROOMS (10' x 11')' and each with own bathrooms.
COME SEE PROGRESS NOW- expected to be finished in 6-8 weeks, max. Also located on quiet Royal Way neighborhood, backing to Irish Hills- just a few blocks from Costco & Freeway- also near Foothill road (to Cal Poly). Call for Appointment for quick look. Property Lot is shared with front house- so it's like a Duplex.

Additional Details
Total Unit Count: 1
Last Updated: Updated 5 hours ago
Contact Number: (805) 440-5064
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 10.0 1.0
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1561 Royal Way by bedroom type below.
2 Bedroom
Suggested income:
$140,400
per year
Rent report

1561 Royal Way Rent vs. San Luis Obispo Average

 1561 Royal Way      San Luis Obispo Average
2BR
$3,900
$2,926
$0
$1,300
$2,600
$3,900
$5,200

1561 Royal Way is asking 33% more than the average 2 bedroom apartment in San Luis Obispo.

If you upsized to an average priced San Luis Obispo 3 bedroom apartment, you would pay 32% more per month.

If you downsized to an average priced San Luis Obispo 1 bedroom apartment, you would pay 54% less per month.

1561 Royal Way provides 25% less square footage than the average San Luis Obispo 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1561 Royal Way
2BR $3,900 $5.20 $11,700
San Luis Obispo Average
Studio $1,998 $4.10 $5,995
1BR $1,896 $3.90 $5,688
2BR $2,926 $2.90 $8,777
3BR $4,317 $2.70 $12,950
4BR $6,188 $3.20 $18,563

Availability in San Luis Obispo

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 79 2BR units on the market in San Luis Obispo. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
16% 34% 37% 8% 4%
Available Units in San Luis Obispo
Studio 33
1BR 72
2BR 79
3BR 16
4BR 8
Location
Nearby Colleges

California Polytechnic State University-San Luis Obispo

Cuesta College

Nearby Hospitals
Name Distance
French Hospital Medical Center 2.88 mi.
Sierra Vista Regional Medical Center 2.93 mi.
San Luis Obispo Co Psychiatric Health Facility 3.0 mi.
Nearby Fire Stations
Name Distance
Camp Parks Fire And Emergency Services 2.32 mi.
San Luis Obispo City Fire Department 2.37 mi.
San Luis Obispo County Fire Department 2.69 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 01, 2025.
What's the square footage of the available units?
It's 750 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
1561 Royal Way has a 2 bedroom unit starting at $3,900.
Where is this property located?
This property is at 1561 Royal Way in San Luis Obispo, CA. It's 3.0 miles southwest from the center of San Luis Obispo.
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