Listing Agent: Graham Updegrove      Broker/Office: California Coastal Real Estate
347 Branch Street San Luis Obispo CA 93401
$ 1,450,000
  5   |    3 Full  1 Half   |    2612 Sq Feet

Listing ID

#SC26196124

Status

Active

Property Type

Triplex

Property Style

Spanish

County

San Luis Obispo

Neighborhood

San Luis Obispo(380)

Year Built

1929

Days on website

4

Description
Unlock the potential of this well-located triplex near downtown San Luis Obispo offering an attractive combination of historic character, R-2 zoning and rental income. Whether you're looking to expand your investment portfolio or pursue a house-hack strategy, this three-unit property provides multiple opportunities for an owner-occupant or investor. The front residence is a charming Mission-style 3-bedroom, 1.5-bath home, built in 1929 and offering ±1,460 square feet of living space. Enjoy the fenced front yard, mature landscaping and porch under a large redwood tree. Architectural character includes distinctive arched windows and doorways, while the spacious bedrooms, open kitchen, and indoor laundry add everyday functionality. At the rear of the property is a single-story duplex, built in 1942, with ±1,152 square feet of combined living space. Each unit features 1 bedroom and 1 full bathroom, along with its own private yard and washer/dryer hookups. Each unit comes with access to a shed, plus an additional large shed currently reserved for the owners tools and landscaping equipment. Unit A and Unit B are available for immediate move in, providing flexibility for a buyer, while Unit C is leased for $2,000 per month. There are separate gas and electric meters for each unit, with two water meters; one for the front house and one for the duplex. Ideally situated near downtown San Luis Obispo, freeway access, shopping, dining, and commercial services, this triplex offers a compelling opportunity to own a multi-family property in one of the Central Coast's most desirable communities.
Location
Financial Information
List Price:  $ 1450000
Property Features
Appliances:  Dishwasher, Dryer, Microwave, Washer
Community Features:  Hiking, Sidewalks
Flooring:  Tile, Vinyl, Wood
Foundation Details:  Raised
High School District:  San Luis Coastal Unified
Levels:  One
Parking Features:  Driveway
Patio And Porch Features:  Patio
Roof:  Composition
Senior Community YN:  false
Structure Type:  Triplex
View:  Neighborhood
Water Source:  Public
High School District:  San Luis Coastal Unified
Senior Community YN:  false
MLS Area Major:  SLO - San Luis Obispo
City:  San Luis Obispo
Listed By:   Graham Updegrove   California Coastal Real Estate 
CA Lic#