347 Branch Street, San Luis Obispo, CA 93401
347 Branch Street, San Luis Obispo, CA 93401
347 Branch Street, San Luis Obispo, CA 93401
347 Branch Street, San Luis Obispo, CA 93401
347 Branch Street, San Luis Obispo, CA 93401
347 Branch Street, San Luis Obispo, CA 93401
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$ 1,450,000
Est. payment | /mo

5 Beds

4 Baths

2,612 SqFt


$ 1,450,000
Est. payment | /mo

5 Beds

4 Baths

2,612 SqFt

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $555

Subdivision San Luis Obispo(380)

MLS Listing ID SC26196124

Style Mediterranean/Spanish

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1929

Lot Size 10,420 Sqft

Property Sub-Type All Other Attached

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 communit

Location

State CA

County San Luis Obispo

Direction Beebee to Branch

Interior

Heating Forced Air Unit, Wall/Gravity

Flooring Linoleum/Vinyl, Tile, Wood

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Washer, Gas Oven

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Neighborhood

Roof Type Composition

Porch Patio

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 003739042

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://branchtriplex.com/idx

MLS Router / San Diego MLS
Listed by Graham Updegrove, DRE#01873454 California Coastal Real Estate 
Co-listed byNON LISTED OFFICE

Schools and Properties Nearby

LJ Bognot

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 610-8583

lj@ljbognot.com

2820 Camino del Rio S Suite 300, San Diego, CA 92108, USA

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347 Branch Street