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Listed by Lindsey Harn • Christie's International Real Estate Sereno
$1,495,000
Est. payment /mo
2,313 SqFt
Pending
1328 Archer Street San Luis Obispo, CA 93401
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UPDATED:
01/30/2025 11:58 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,313 sqft
Price per Sqft $646
MLS Listing ID CRSC25004856
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1900
Lot Size 6,100 Sqft
Property Description
Situated in the heart of San Luis Obispo, this triplex combines location, convenience, and opportunity. Fully occupied, this property has the opportunity for immediate income generation with the possibility for future expansion. Located just steps from the vibrant downtown area, residents enjoy unparalleled access to charming local businesses, popular restaurants, and the iconic Thursday Night Farmers' Market. The triplex includes a mix of units to suit various tenant needs: one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, one 1-bedroom with a small loft, 1-bath unit. A shared laundry area provides convenience for tenants, while private off-street parking enhances the property's appeal. Situated on a generous lot, there’s room to add an additional unit and expand parking—buyers are encouraged to verify possibilities with the city. This property may also qualify for the Mills Act, offering potential tax savings (check eligibility with the city). Don’t miss this chance to own a versatile investment property in a highly sought-after location. Whether you're a seasoned investor or new to the market, 1328 Archer offers a unique opportunity to grow your portfolio in one of San Luis Obispo’s most desirable areas.
Location
State CA
County San Luis Obispo
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl, Carpet
Fireplace No
Laundry Other
Exterior
View Other
Building
Water Public
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