$1,595,000
San Luis Obispo, CA 93401
1920
Year Built
San Luis Obispo
County
SingleFamilyResidence
Property Type
Two fully remodeled units on a generous R2-zoned lot, walking distance from Cal Poly and downtown San Luis Obispo makes for a turnkey income opportunity. The main 3-bedroom home was rebuilt to the studs in 2024 with durable finishes throughout — quartz counters, LVP flooring, mini-splits in every room, a programmable direct-vent fireplace, and quality appliances. The outdoor space is equally low-lift with synthetic turf and paver patio. A matching 1-bedroom secondary unit, finished to the same standard, gives you two independent income streams on one lot — each with its own appeal to the SLO rental pool. The R2 zoning leaves room for additional upside if you want to explore it down the road.
$8,489/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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