523 Branch St

San Luis Obispo, CA 93401
  • $1,345,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,816

    SqFt
  • 0.21

    Acre

About the Listing SL1129 - SL01868098

Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980± square foot street-to-street lot, the property offers three tenant occupied residences with strong income potential currently producing $7,600/month ($91,200/year) in total rental income. The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry. Tucked behind the main home are two additional units, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you'll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units. With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.

Listing Highlights for 523 Branch St

Status Active
Days on Site 143
Property Type Multi-Family
MLS ® SC26108142
Year Built 1910
Total Square Footage 2,816
Lot/Acreage 0.21

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Central,Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Street Level,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Paved,One Space,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 003749003
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

523 Branch St San Luis Obispo, CA 93401

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Originating MLS: CRMLS

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Yury Medrano

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

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