347 Branch Street, San Luis Obispo, CA 93401
Local realty services provided by:CENTURY 21 Masters
Listed by: graham updegrove
Office: california coastal real estate
MLS#:SC26203460
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,450,000
About this home
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 communit...
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Home facts
- Subdivision & Development:San Luis Obispo(380)
- Listing ID #:SC26203460
- Added:2 day(s) ago
- Updated:September 18, 2026 at 09:42 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
Heating and cooling
- Heating:Forced Air Unit
Structure and exterior
- Roof:Composition
- Levels:1 Story
Finances and disclosures
- Price:$1,450,000
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