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Brenda Perez-Miranda

sellmesandiego@gmail.com +1(619) 846-9088

$ 1,495,000

Est. payment -/mo

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Active Under Contract

1328 Archer ST San Luis Obispo, CA 93401

6,098 Sqft Lot

UPDATED:

01/23/2025 04:28 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID SC25004856

HOA Y/N No

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

Zoning R3

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry Outside

Exterior

Parking Features Off Street, Private

Fence Wood

Pool None

Community Features Park, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 002507023

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard

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

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

Brenda Perez-Miranda

1328 Archer ST San Luis Obispo, CA 93401

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1328 Archer ST