347 Branch Street, San Luis Obispo, CA 93401
- $1,450,000
- 5
- BD
- 4
- BA
- 2,612
- SqFt
- List Price
- $1,450,000
- Status
- ACTIVE
- MLS#
- SC26196124
- Year Built
- 1929
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 2,612
- Lot Size
- 10,420
- Acres
- 0.24
- Lot Location
- Street Level
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Spanish
- Property Sub Type
- Triplex
- Stories
- One Level
- Neighborhood
- San Luis Obispo(380)
Property Description
Unlock the potential of this well-located triplex near downtown San Luis Obispo offering an attractive combination of historic character, R-2 zoning and rental income. Whether you're looking to expand your investment portfolio or pursue a house-hack strategy, this three-unit property provides multiple opportunities for an owner-occupant or investor. The front residence is a charming Mission-style 3-bedroom, 1.5-bath home, built in 1929 and offering ±1,460 square feet of living space. Enjoy the fenced front yard, mature landscaping and porch under a large redwood tree. Architectural character includes distinctive arched windows and doorways, while the spacious bedrooms, open kitchen, and indoor laundry add everyday functionality. At the rear of the property is a single-story duplex, built in 1942, with ±1,152 square feet of combined living space. Each unit features 1 bedroom and 1 full bathroom, along with its own private yard and washer/dryer hookups. Each unit comes with access to a shed, plus an additional large shed currently reserved for the owners tools and landscaping equipment. Unit A and Unit B are available for immediate move in, providing flexibility for a buyer, while Unit C is leased for $2,000 per month. There are separate gas and electric meters for each unit, with two water meters; one for the front house and one for the duplex. Ideally situated near downtown San Luis Obispo, freeway access, shopping, dining, and commercial services, this triplex offers a compelling opportunity to own a multi-family property in one of the Central Coast's most desirable communities.
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Additional Information
- Appliances
- Dishwasher, Gas Oven, Microwave, Dryer, Washer
- Pool Description
- None
- Heat
- Forced Air, Wall Furnace
- Cooling Description
- None
- View
- Mountain(s), Neighborhood
- Patio
- Patio
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- San Luis Coastal Unified
- Interior Features
- Main Level Primary
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Graham Updegrove (graham@ccreslo.com) from Listing Office: California Coastal Real Estate.
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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.