Active

1328 Archer Street

San Luis Obispo CA, 93401

$1,495,000


$646.35 per sqft

Active

4 Beds

3 Baths

2,313 sqft

Multi-family

Built in 1900

Listed by Lindsey Harn with Christie's International Real Estate Sereno 805-441-7744

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.

SC24255247

MLS ID

January 15, 2025

Listed

January 21, 2025

Updated

Map

1328 Archer Street
San Luis Obispo CA, 93401

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Loft


Laundry Description

Outside


Floor Description

Carpet, Vinyl


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

0-1 Unit/Acre


Roof

Shingle


Sewer

Public Sewer

School Information

School District

San Luis Coastal Unified

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

6


Garage

No


Parking

On Site, Off Street, Paved, Private, Uncovered


Parking Total

5


View

Yes


View Description

Neighborhood


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 805-476-0104 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/21/2025 at 10:20 PM UTC

 

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