334 Margarita Avenue, San Luis Obispo, CA 93401
334 Margarita Avenue, San Luis Obispo, CA 93401
Property Description
Major price reduction!!!. Welcome to 334 Margarita Ave, a charming single-story home offering 1,909 sq. ft. of comfortable, functional living space. Featuring 2 bedrooms, a versatile bonus room (ideal as a 3rd bedroom or home office), and 2 full bathrooms, this light-filled floor plan flows seamlessly from the welcoming living area into the kitchen and dining space. Step outside to a spacious, well-maintained backyard with mature fruit trees and ample room for outdoor dining, gardening, and relaxation. Additional highlights include a Tesla solar system for low electricity costs, an attached 2-car garage, and generous driveway parking. Ideally situated in South San Luis Obispo, just minutes from local parks, schools, downtown dining, and Central Coast beaches.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Luis Obispo · Single Family Residence
Listed 24.6% below the median closed sale of $1,325,000. Price per sqft ($523) is a 24% discount to closed comps ($688). Closed comps sold at 100% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1284 Oceanaire Drive | San Luis Obispo | 1970 | 3 | 2 | 1,891 | 6,422 | $494 | $935,000 | 10 | 98 |
| 2035 Rachel Street | San Luis Obispo | 1995 | 3 | 2 | 1,565 | 6,041 | $636 | $995,000 | 2 | 88 |
| 1560 Phillips Lane | San Luis Obispo | 1952 | 3 | 3 | 1,848 | 6,600 | $731 | $1.35M | 11 | 87 |
| 615 Grove Street | San Luis Obispo | 1939 | 3 | 3 | 1,748 | 6,098 | $958 | $1.68M | 52 | 83 |
| 3101 Arezzo Drive | San Luis Obispo | 2020 | 3 | 3 | 1,935 | 4,563 | $620 | $1.20M | 96 | 83 |
| Total: 5 · Average | 3.0 | 2.6 | 1,797.4 | 5,944.8 | $687.8 | $1.23M | 34.2 | |||
| Median | 1,848 | $1.20M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1351 Avalon Street | San Luis Obispo | 1963 | 08/31/2026 | 3 | 2 | 1,665 | 6,000 | $925,000 | $935,000 | $562 | 1.01 | 39 | 93 |
| 1010 Yarrow Court | San Luis Obispo | 1987 | 08/18/2026 | 3 | 2 | 1,828 | 7,564 | $1.35M | $1.35M | $740 | 1.00 | 40 | 89 |
| 642 Stoneridge Drive | San Luis Obispo | 1988 | 09/16/2026 | 3 | 3 | 1,881 | 5,000 | $1.18M | $1.18M | $625 | 1.00 | 33 | 89 |
| 3204 Violet | San Luis Obispo | 2016 | 10/05/2026 | 3 | 2 | 1,746 | 5,470 | $1.35M | $1.32M | $759 | 0.98 | 65 | 87 |
| 1330 Oceanaire Drive | San Luis Obispo | 1967 | 09/01/2026 | 2 | 3 | 1,881 | 7,200 | $1.38M | $1.42M | $755 | 1.03 | 46 | 87 |
| Total: 5 · Average | 2.8 | 2.4 | 1,800.2 | 6,246.8 | $1.24M | $1.24M | $688.2 | — | 44.6 | ||||
| Median | 1,828 | $1.32M | $1.32M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.