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Fully leased 4-unit investment ideally located in central San Luis Obispo on a 9,000 square foot lot with two buildings that total 2,744 square feet of living area. All four units are permitted. Current gross rents total $8,040/month ($96,480/year). 491 Branch St is 872 square feet, 2BD/1BA, standalone house with in-unit laundry and private patio at $2,550/month. 498 South St #C is 972 square feet, two-story, 2BD/1BA with in-unit laundry, facing the interior parking area, at $2,400/month. 498 South St #A is a 450 square foot open-loft studio facing South Street at $1,800/month. 498 South St #B is a 450 square foot open-loft studio facing South Street at $1,290/month. Five on-site parking spaces (shared use, single parcel) are accessed via Branch Street, with additional street parking available on both Branch and South streets. Central location near downtown SLO, with Hawthorne elementary school directly across the street. Information deemed reliable but not guaranteed.
Property Type(s):
Residential Income
| Last Updated | 8/13/2026 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1990 | Community | SLO - San Luis Obispo |
| County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Gas Range, Gas Water Heater, Refrigerator |
| AREA | SLO - San Luis Obispo |
| HEAT | Wall Furnace |
| LOT | 8999 sq ft |
| LOT DIMENSIONS | 9000 |
| PARKING | On Site, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| SUBDIVISION | San Luis Obispo(380) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with BHGRE HAVEN PROPERTIES
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.
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