Welcome to 241 Hathway Ave! This property features an oversized lot located just three blocks from the Cal Poly campus. It is primed for redevelopment. According to the owners survey, the lot measures approximately 16,931 +/ square feet. This lot is the largest among listings within a few blocks of the Cal Poly campus. Preliminary assessments indicate the potential to build two five bedroom homes, plus each with an Accessory Dwelling Unit (ADU). Additionally, there may be an opportunity for a shared driveway with the neighboring property, which could further increase the total bedroom count or possibly allow for an additional lot. The property includes a 1950s stucco house with two bedrooms and one bathroom, a fireplace, and a two car garage, encompassing about 1,100 square feet. Currently, the house is rented and can remain occupied during the entitlement process with the City of San Luis Obispo (SLO). Bring your investors and contractors to explore one of the few remaining infill lots near the Cal Poly campus!