Request More Info
Schedule a Showing
Share
Print
|
A special opportunity near downtown San Luis Obispo, 1929 Chorro Street features three separate residences on a 7,500 sf parcel, offering strong income potential with the flexibility for an owner-occupant or multigenerational living. The main residence is a three-bedroom, two-bath home with approximately 1,095 sf of living space. Built in 1910, the home includes hardwood cabinetry, stainless steel appliances, and tile countertops in the kitchen, porcelain countertops in the bathroom, and tile-and-fiberglass wainscoting in the shower. Flooring is a mix of wood laminate, tile, and vinyl, with an interior laundry area. A welcoming front yard creates a distinct outdoor space for the main residence, which is currently leased for $3,356/month. Two detached one-bedroom units sit apart from the main home. Unit A offers approximately 607 sf with a spacious living area, one bedroom, one bathroom, a small outdoor patio, and exclusive access to a 419 sf detached storage room. Unit B also offers approximately 607 sf, with abundant natural light, a view of Cerro San Luis from the kitchen, tile countertops, and a small bar area with room for stools. Both units are currently leased at $1,500/month, which is under market value, and feature wood-like laminate and tile flooring. The two units share a detached 80 sf laundry room. The property also offers off-street parking for all three residences, plus a garage and additional storage area. There are 2 gas meters, 1 water meter, and 3 electric meters on site. Three independent living spaces. Established rental income. A prime location just steps from downtown's restaurants, shops, and everyday conveniences. This property should not be missed! Information not verified.
Property Type(s):
Residential Income
| Last Updated | 8/26/2026 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1910 | Community | SLO - San Luis Obispo |
| County | San Luis Obispo |
Price History
| Prior to Aug 26, '26 | $1,549,000 |
|---|---|
| Aug 26, '26 - Today | $1,495,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Electric Range, Washer/Dryer Stacked, Water Heater |
| AREA | SLO - San Luis Obispo |
| CONSTRUCTION | Wood Siding |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 7500 |
| PARKING | Driveway, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | San Luis Obispo(380) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Hills, Neighborhood |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Compass
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 2026.
Twitter
Facebook
Email