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1229 Mill Street San Luis Obispo CA 93401
Price $ 1,798,000
Listing ID SC25196391
Status Active
Property Type Triplex
County San Luis Obispo
Neighborhood San Luis Obispo(380)
Beds 5
Baths 3
House Size 2278
Year Built 1942
Days on website 2
Description
Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026.
The back duplex, built in 1950, features two one-bedroom, one-bath units—each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency.
Whether you’re looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don’t miss your chance to invest in one of San Luis Obispo’s most desirable locations!
Location
Financial Information
List Price: $ 1798000
Property Features
Appliances: Dishwasher, Dryer, Washer
Community Features: Curbs, Sidewalks
Construction Materials: Stucco
Direction Faces: West
Flooring: Carpet, Tile, Vinyl, Wood
Foundation Details: Raised, Slab
Heating: Central
High School District: San Luis Coastal Unified
Interior Features: Unfurnished
Laundry Features: Stacked
Levels: Two
Lot Features: Level
Parking Features: Driveway, Garage, Public
Road Surface Type: Paved
Roof: Shingle
Senior Community YN: false
Structure Type: Triplex
Water Source: Public
Window Features: Screens
High School District: San Luis Coastal Unified
MLS Area Major: SLO - San Luis Obispo
City: San Luis Obispo
Senior Community YN: false
Listed By:   Hayley Townley   Comet Realty 
CA Lic#
1229 Living Room 1229 Living Room 1229 Kitchen 1229 Bedroom 1A