Large lot with lots of house located close to the bike path and Sinsheimer. New permitted ADU has recently been converted from existing garage. Existing home features a traditional 3 bedroom 2 bath floor plan plus a private guest area with its own bedroom, kitchenette, seperate laundry, and bath. Property is currently under lease until July 1, 2025 for a total of $8,250/mo or $99,000 per year. Some improvements in guest area completed without permit. Seller has never lived on premises- Buyer to verify condition of property and complete their own inspections. Property also has plenty of potential for expansion with ample area in back yard for further uses.... Check with city to verify potential for additional SB9 units. Please do not disturb tenants by approaching home without an appointment. Owner is listing agent. This Property is perfect for someone looking for a solid income earner. It is also a good fit for home buyers looking for suplimental income with the ADU and guest area.
Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new tankless water heaters, updated plumbing, upgraded electrical systems and panels, new drywall and insulation, fresh interior and exterior paint, and luxury vinyl tile flooring throughout. The kitchens have been beautifully remodeled with open shelving, stainless steel appliances and hoods, and quartz countertops, blending modern style with everyday functionality. With its charming curb appeal, modern upgrades, and unbeatable location, this turnkey duplex is a rare investment opportunity in one of California’s most sought-after markets. Don’t miss your chance to own this exceptional downtown San Luis Obispo property!
Old-town SLO Railroad-Area triplex, near Upham Street and Railroad Square. Property parcel includes 1895 charming 3 brm, 2 bath home (one with clawfoot tub), renovated kitchen with generous storage, dishwasher, washer/dryer hookups, gracious front porch and back deck, and fully fenced front yard with Meyer lemon and orange trees. Rear of parcel has 1950’s era duplex, including two 1-bedroom 1 full bath apartments with single-level mirror floor plan layouts, with partially enclosed yard areas. One unit recently vacant and sparkling clean with recent paint and recent carpet, ready for occupancy. Garages for all 3 units include roll-up doors, 1-car sized each. Unit sizes are estimates, and square footage for assessor may be smaller than actual total area of units. May be potential for Mills Act property tax savings, buyer to evaluate for qualification. Property professionally managed. Seller will consider buyer concessions.
Discover the perfect blend of charm and modern updates at 2517 Broad Street, located in the heart of San Luis Obispo. This newly renovated property features a 3-bedroom, 1-bath main house and a detached studio ADU with a full kitchen and bathroom, perfect for extended family, guests, or rental income. Step inside to find stylish bright and airy living room with dusk cherry luxury vinyl flooring throughout, complemented by updated electrical throughout for modern convenience. The home shines with energy-efficient LED lighting, fresh interior Swiss coffee paint and Natural White exterior paint, and a beautiful new stucco finish that adds to its curb appeal. Both the main house and ADU boast new roofs, ensuring peace of mind for years to come. The entire property has also been landscaped with lavender and other drought tolerant succulents and shrubs. Off street parking under the carport or in the 2 car driveway. Situated in a prime location, this property is just a short stroll from vibrant restaurants, shops, and downtown SLO, making it an ideal spot for those who want to enjoy all the city has to offer. Whether you're looking for a move-in-ready home, a smart investment, or a property with flexible living arrangements, 2517 Broad Street checks all the boxes. Don’t miss this opportunity—schedule your showing today!
Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants. New ownership will benefit from the well designed project by Arris Architecture and a bid in hand from JW Design.
One of a kind investment opportunity in downtown San Luis Obispo. This property includes nine incredibly well built, standalone, single family cottages all with attached single car garages. The nine cottages consist of three 2 bed/1.5 bath, two studio/1 bath and four 1 bed/1.5 bath. Each cottage has its own personal backyard and additional off street parking space. All units boast an abundance of natural light, steel roofing, dual pane encased windows, original bamboo flooring, high ceilings and Rinnai tankless water heaters. Washer and dryer hook ups located in each garage. Entry and driveways consist of cobble pavers and lined with mature landscaping. Property includes a quaint and maintained common area seating area. This property is centrally located, minutes from the famous downtown area, Cal Poly Campus, SLO High campus, 101 access, local wineries and hiking trails. It sits in the beautiful banana belt weather area. This property is highly desirable to renters and has historically low vacancies.
The median home value in San Luis Obispo, CA is $944,970. This is higher than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in San Luis Obispo, CA is $944,970. Approximately 35.79% of San Luis Obispo homes are owned, compared to 54.72% rented, while 9.5% are vacant. San Luis Obispo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Luis Obispo real estate agent to arrange a tour today!
San Luis Obispo, California 93401 has a population of 47,257. San Luis Obispo 93401 is less family-centric than the surrounding county with 16.37% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in San Luis Obispo, California 93401 is $61,862. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in San Luis Obispo 93401 is 26 years.
The average high temperature in July is 73.7 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 20 inches per year, with 0 inches of snow per year.