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Versatile investment opportunity in a desirable San Luis Obispo location — two separate detached homes on an R2-zoned lot totaling 8,680 sq ft. Whether you're an investor, a buyer looking to live in one unit while offsetting your mortgage with the other, or someone in need of flexible multi-generational housing, this property delivers options. 3204 Rockview Place – Front Home | 1,318 Sq Ft This multi-level, 4-bedroom, 2-bathroom home welcomes you into a living room with access to a bedroom and full bathroom. Up a few stairs you'll find the kitchen, which overlooks the living room below, along with two additional bedrooms and a sliding glass door leading to the back porch. Downstairs, a bonus room offers the potential to be converted into the 5th bedroom, accompanied by the 4th bedroom and a full bathroom. The laundry area is tucked conveniently beneath the back porch along with additional storage space. A front lawn and covered front porch complete this home's inviting curb appeal. 3206 Rockview Place – Back Home | 1,070 Sq Ft Added in 2000, this two-story, 1-bedroom, 1.5-bathroom home is thoughtfully laid out. The main level features a half bath, a kitchen opening to the living room, laundry hookups, and a sliding glass door to a concrete patio overlooking a seasonal creek. Upstairs you'll find the bedroom and full bathroom, plus an additional living area with potential to be converted into a second bedroom. Buyers should verify with the City of San Luis Obispo regarding bedroom addition requirements. The property includes 4 off-street parking spaces. Both homes are fully landscaped and currently tenant-occupied — please do not disturb occupants. Conveniently located with easy access to Broad Street and the heart of downtown SLO. The neighboring property at 3202 Rockview Place is also available for sale, presenting a rare opportunity to expand your portfolio further. Information deemed reliable but not guaranteed. Buyer to verify all details.