$1,549,000
 $8,315 est/mo Sourced by Back At You

491 Branch Street,San Luis Obispo, CA 93401

San Luis Obispo, CA 93401

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Description

Fully leased 4-unit investment ideally located in central San Luis Obispo on a 9,000 square foot lot with two buildings that total 2,744 square feet of living area. All four units are permitted. Current gross rents total $8,040/month ($96,480/year). 491 Branch St is 872 square feet, 2BD/1BA, standalone house with in-unit laundry and private patio at $2,550/month. 498 South St #C is 972 square feet, two-story, 2BD/1BA with in-unit laundry, facing the interior parking area, at $2,400/month. 498 South St #A is a 450 square foot open-loft studio facing South Street at $1,800/month. 498 South St #B is a 450 square foot open-loft studio facing South Street at $1,290/month. Five on-site parking spaces (shared use, single parcel) are accessed via Branch Street, with additional street parking available on both Branch and South streets. Central location near downtown SLO, with Hawthorne elementary school directly across the street. Information deemed reliable but not guaranteed.

Details

MLS #SC26177285
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1990
Days On Site14
Listing Provided ByBHGRE HAVEN PROPERTIES | Kurtis Wurster

Features

SQ Feet2,744
Story(s)1
Units4
Building(s)2
Acreage0.21
Property ViewNone

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Window FeaturesDouble Pane Windows
AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator
Fireplace Yes / NoNo

Exterior

RoofComposition
Security FeaturesCarbon Monoxide Detectors, Smoke Detectors
Foundation DetailsSlab
Lot FeaturesLawn
FencingWood

Parking

Parking FeaturesOn Site, On Street
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Location

Community FeaturesCurbs, Street Lights

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$1,549,000
low | high
Med:
$2,300,000
2% of Average
sqft:
2,744
low | high
Med:
2,698
51.694606413994% of Average
$ / sqft:
$565
low | high
Med:
$863
2.934628289748% of Average
On site:
14
low | high
Med:
13.5
100% of Average
Sourced by Back At You

Market Activity 93401

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Learn More About This Property

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$1,549,000
low | high
Med:
$2,300,000
2% of Average
sqft:
2,744
low | high
Med:
2,698
51.694606413994% of Average
$ / sqft:
$565
low | high
Med:
$863
2.934628289748% of Average
On site:
14
low | high
Med:
13.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.161M - $1.936M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
523 Branch Street Property Photo 1
$1,395,000
523 Branch Street
San Luis Obispo, CA 93401
Listing Updated: August 21, 2026 at 10:00:42 PM PDT