San Luis Obispo Homes with Multi Family Subtype

San Luis Obispo County, located in the state of California, is a picturesque region known for its natural beauty and charming communities. With its stunning coastline, rolling hills, and vibrant downtown areas, it is a highly sought-after destination for those looking to live in a stunning coastal setting.

One of the appealing aspects of San Luis Obispo County is the availability of homes with the multi-family subtype. These properties offer unique opportunities for buyers looking to invest in real estate or for those who prefer a more communal living arrangement. Multi-family homes typically consist of two or more separate living units, such as duplexes, triplexes, or apartment buildings.

Investing in a multi-family home in San Luis Obispo County can be a wise choice for several reasons. Firstly, it provides the opportunity for rental income, as each unit can be rented out to tenants. This can help offset the costs of homeownership and potentially generate a steady stream of income. Additionally, multi-family homes often appreciate in value over time, making them a sound long-term investment.

Furthermore, living in a multi-family home allows for a sense of community and shared resources. Residents can enjoy the benefits of shared amenities such as a communal garden, pool, or laundry facilities. It can also foster a close-knit neighborhood atmosphere, as neighbors are often more connected and engaged with one another.

If you're considering purchasing a home in San Luis Obispo County and value the benefits of multi-family living, exploring properties with this subtype can be a worthwhile endeavor. With the county's stunning landscapes and thriving communities, investing in a multi-family home in San Luis Obispo County offers both financial and lifestyle advantages.

Newest San Luis Obispo Homes with Multi Family Subtype

$1,725,000

SC26195051 MLS ⋅ Active Status

Check out this real estate investment opportunity located in the Embarcadero neighborhood of Morro Bay, CA ! Centrally located near 3 stacks and a rock, a 1945 built triplex. 1163 Scott A is upstairs with 3 BR, 1 full bath and indoor laundry, views of Morro Rock and the Harbor rented @ $2535/mo., 1163 Scott B is downstairs, large 1BR, 1Bath plus office and indoor laundry rented @ $1744/mo., and 1160 West downstairs Commercial unit rented @ $2300/mo. There is a detached 1 car garage and 4 off street parking spaces. Per the San Luis Obispo County Tax Assessor record the total square footage of the building is 3,094. The lot size is 40.9 ft x 112 ft street to street. Fully occupied with long-term tenants and professionally managed. Second home opportunity to use the upstairs unit in between vacation renters and collect rents from the other 2 units.

1160 West, Morro Bay

$4,600,000

SC26025867 MLS ⋅ Active Status

Prime Infill Opportunity in Downtown San Luis Obispo. One of the last largest remaining infill sites in Downtown SLO. This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately. » Rare scale & scarcity — Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left. » Prime southern Downtown location — Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities. » City Approved — Existing entitlements for 49-unit high density residential reduce risk and speed timelines. » High-value residential focus — Final large-scale chance to add significant housing in a downtown top California coastal market. » Possibility for Assisted Living.

1390 Walker, San Luis Obispo

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.