1328 Archer ST Open House

San Luis Obispo,CA 93401

$ 1495000

4 Beds

3 Baths

2313 SqFt


OPEN HOUSE

Tue Jan 21, 9:30am - 11:30am 

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,313 sqft

Price per Sqft $646

Subdivision San Luis Obispo(380)

MLS Listing ID SC24255247

Bedrooms 4

Full Baths 3

Year Built 1900

Lot Size 6,098 Sqft

Property 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.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Other Rooms Shed(s),Storage

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet,Vinyl

Fireplaces Type None

Laundry Outside

Exterior

Parking Features On Site,Off Street,Paved,Private,Uncovered

Fence Wood

Pool None

Community Features Biking,Hiking

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Triplex

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District San Luis Coastal Unified

Others

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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