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