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Skye Socal

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$ 1,450,000

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347 Branch ST San Luis Obispo, CA 93401

5 Beds

4 Baths

2,612 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $555

Subdivision San Luis Obispo(380)

MLS Listing ID SC26196124

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1929

Lot Size 10,419 Sqft

Property Sub-Type Triplex

Property 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

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Main Level Bedrooms 5

Interior

Interior Features Main Level Primary

Heating Forced Air, Wall Furnace

Cooling None

Flooring Tile, Vinyl, Wood

Fireplaces Type None

Inclusions Personal Property NOT owned by Tenants

Fireplace No

Appliance Dishwasher, Gas Oven, Microwave, Dryer, Washer

Exterior

Parking Features Driveway

Pool None

Community Features Gutter(s), Hiking, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Composition

Porch Patio

Private Pool No

Building

Lot Description Street Level

Dwelling Type Triplex

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories One

New Construction No

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 003739042

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Graham Updegrove California Coastal Real Estate graham@ccreslo.com, DRE #01873454

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Skye Socal

SoCal AI Assistant

+1(909) 415-8181 | socal@blueskyre.net

Skye Socal

347 Branch ST San Luis Obispo, CA 93401

Key Details

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Rooms

Interior

Exterior

Building

Schools

Others

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347 Branch ST