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3380 Bullock Lane, San Luis Obispo, CA 93401

San Luis Obispo
Local realty services provided by:CENTURY 21 Epic
3380 Bullock Lane,San Luis Obispo, CA 93401
$3,075,000
  • - Beds
  • - Baths
  • 6,971 sq. ft.
  • Multi-family
  • Active
Listed by: michael lopus
Office: colliers international310-621-8838
MLS#:V1-33328
Source:CRMLS

Price summary

  • Price:$3,075,000
  • Price per sq. ft.:$441.11

About this home

3380 Bullock Lane presents a rare opportunity to acquire a turn-key, pride of ownership multifamily asset in one of San Luis Obispo's most sought-after rental markets. The 8-unit property has been meticulously maintained and thoughtfullyupgraded, featuring modern interiors with luxury vinyl plank flooring, updated kitchens with stainless-steel appliances, and spacious open-concept living areas with private patios. The building demonstrates strong in-place rents and steady operational performance, offering both secure income and upside potential through continued rent growth in a supply-constrained submarket. Residents enjoy convenient access to Downtown SLO, Cal Poly University, and major employers, with abundant on-site parking and on-site laundry facilities. With a current CAP rate of 4.8% and a market CAP rate approaching 5.2%, this property provides an attractive blend of yield, stability, and long-term appreciation. 3380 Bullock Lane is the ideal acquisition for an investor...

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Home facts

  • Year built:1977
  • Subdivision & Development:Not Applicable
  • Listing ID #:V1-33328
  • Added:335 day(s) ago
  • Updated:October 12, 2026 at 11:10 AM

Rooms and interior

  • Kitchen Description:Dishwasher, Free Standing Range, Refrigerator
  • Living area:6,971 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1977
  • Building area:6,971 sq. ft.
  • Lot area:0.5 Acres
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,075,000
  • Price per sq. ft.:$441.11

Features and amenities

  • Appliances:Dishwasher, Free Standing Range
  • Amenities:All Bedrooms Up

Parking

  • Total parking spaces:16
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). 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. The accuracy of all information, regardless of source, including but not limited to open house information, 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 California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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