1328 Archer Street
San Luis Obispo, CA 93401
2313 sqft | 4 beds | 3 baths | 0.14 acres | #SC24255247
Description
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.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- School DistrictSan Luis Coastal Unified
- SubdivisionSan Luis Obispo(380)
- Lot DescriptionZeroToOneUnitAcre
- CountySan Luis Obispo
- ViewNeighborhood
- Sewer InformationPublicSewer
- Original List Price$1,495,000
- MLS #SC24255247
- MLS #SC24255247
- Property TypePurchase
- Cost1495000
- Property SubtypeTriplex
- Structure TypeTriplex
- Utility SourcePublic
- InteriorLoft
- Acres0.14
- Square Feet2313
- Year Built1900
- FoundationSlab
- Bedrooms4
- Bathrooms3
- Full Baths3
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Lindsey Harn (#SL01868098)
Listing Office: Christie's International Real Estate Sereno (#SL1129)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
