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This property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. The charming 2-bedroom, 1-bath main house showcases classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a ¾ bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional units—buyers should check with the city regarding development options. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!
Property Type(s):
Single Family
| Last Updated | 3/3/2025 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1929 | Community | San Luis Obispo |
| Garage Spaces | 2.0 | County | San Luis Obispo |
SCHOOLS
| School District | San Luis Coastal Unified |
|---|
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Oven, Electric Range |
| AREA | San Luis Obispo |
| FIREPLACE | Yes |
| GARAGE | Carport, Driveway, Garage, Yes |
| HEAT | Forced Air |
| HOA DUES | 0 |
| INTERIOR | Separate/Formal Dining Room |
| LOT | 7500 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| PARKING | Carport,Driveway,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | San Luis Obispo(380) |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills,Neighborhood |
| WATER | Public |
Location
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Listed with Keller Williams Realty Central Coast
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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