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Amazing opportunity to own 4 fully renovated, high income producing units for a total of 10 bedrooms in downtown San Luis Obispo with several off street parking spots and a private laundry room that contains 2 washers and 2 dryers. There are two buildings and each building has one 3 bedroom unit and one 2 bedroom unit ensuring high income for years to come. Over the past year each unit has received a thorough renovation. The property has seen electrical updates including new panels, plumbing updates, new appliances, new interior and exterior painting and new flooring. Unit A is a 3 bedroom 1 bath open floor plan with new cabinets, quartz counters, luxury vinyl plank flooring (LVP), remodeled bathroom, a tankless water heater and a new furnace. Unit B retains much of the vintage charm from when the back building was built that includes refinished original cabinets and a one piece custom sink and countertop. There is plenty of light in this 2 bedroom unit with updated forced air heating, new shower, original hardwood and vintage tile. Units C & D are in the front building that was built in 2000, although Unit D was just built in 2023 so everything is new in that unit. Unit C is a 3 bed 1 bath unit with vaulted ceilings, a balcony and unique corner windows that bring in more natural light. Unit D has 2 bedrooms, 1 bath, modern finishes that include white shaker cabinets, LVP flooring, quartz counters, black hardware and a mini-split to provide heat and AC. Each unit has separate electric meters and current rents have plenty room for increase.
Property Type(s):
Residential Income
| Last Updated | 8/10/2026 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1925 | Community | SLO - San Luis Obispo |
| County | San Luis Obispo |
Additional Details
| APPLIANCES | Dryer, Washer |
|---|---|
| AREA | SLO - San Luis Obispo |
| LOT | 5750 sq ft |
| LOT DIMENSIONS | 5750 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | San Luis Obispo(380) |
| WATER | Public |
Location
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Listed with Triad Real Estate Group
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