347 Branch St

San Luis Obispo, CA 93401
  • $1,450,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 2,612

    SqFt
  • 0.24

    Acre

About the Listing SL528 - SL01873454

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 communities.

Listing Highlights for 347 Branch St

Status Active With Contingency
Days on Site 29
Property Type Multi-Family
MLS ® SC26203460
Year Built 1929
Total Square Footage 2,612
Lot/Acreage 0.24

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances: Dishwasher, Gas Oven, Microwave, Dryer, Washer
  • Air Cond:
  • Heating: Forced Air,Wall Furnace
  • Fireplaces:
  • Floor: Tile,Vinyl,Wood
  • Basement:
  • Other: Main Level Primary
  • Water: Public

Exterior Details

  • Lot Description: Street Level,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 003739042
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

347 Branch St San Luis Obispo, CA 93401

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CRMLS

Agent profile image in chat bubble
Agent profile image in chat header

Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

Agent profile image in message

or another way