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1328 Archer StreetSan Luis Obispo, CA 93401Price: $1,495,000

  • Price: $1,495,000
  • Est. Mortgage of $/month
  • 36 Days on Market
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Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,495,000List Price
  • 0.14Acreage
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.
Listed by Lindsey Harn of Christie's International Real Estate Sereno (805-441-7744)

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Based on information submitted to CRMLS as of February 19, 2025 12:22 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 1328 Archer Street

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