Located in the Old Town historic district of Downtown SLO, this property features a three bedroom home & a separate one bedroom residence. Originally built in 1905, the front house is loaded with modern amenities. The property has been subject to several upgrades including a new foundation. There are ten-foot ceilings & restored double-hung windows with insulated shades that keep the home comfortable on mild days while the 20 SEER air conditioner & top-of-the-line furnace are ready for the rest. Permits & fees already paid to add an additional two bedrooms, two bathrooms and a two-car garage to the guest house. Enjoy a beautiful view of Cerro San Luis Obispo through the original wavy glass windows. There is also an air filtration unit and a Kinetico water softener and filtration system. Smart home features can be found throughout. A spacious kitchen has custom cabinets with abundant storage and a wine fridge. Each bedroom has its own bathroom, two with clawfoot bathtubs. All of the systems of the house have been updated and historic details such as hardwood floors and trim have been renewed. A giant attic with new floors and insulation offers possibilities for expansion. The second house has its own address at the back of the 8,250 square foot lot. It has one bedroom and bathroom plus plans & permits to build an additional two bedrooms, two bathrooms and a garage. The permitted plans allow for a flexible floorplan with third-story deck and Tesla tile roof. Outside there are well producing lemon, lime and apricot trees. The front patio has views of town and the mountains. The backyard has artificial grass, a raised vegetable bed and a shed. Perched on a small hill, the property is located just a block or two from a deli, coffee shop and restaurants are only a short walk or ride down bike boulevard to downtown SLO.