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523 Branch Street, San Luis Obispo, CA 93401 (Sold on )

  • Open House
  • New Listing
  • Price Reduced$80,000
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.
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 $1,395,000

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  • 5 BedBeds
  • 3 BathBaths
  • 2,816 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# SC26080122

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Property Description

Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980± square foot street-to-street lot, the property offers three separate residences with strong income potential and flexible living options. The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry. Tucked behind the main home are two additional units, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you'll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units. With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.

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Property Details 523 Branch Street, San Luis Obispo, CA 93401

General

  • MLS#: SC26080122
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 05/15/2026
  • Year Built: 1910
  • Area: SLO - San Luis Obispo
  • Subdivision: San Luis Obispo(380)
  • County: San Luis Obispo
  • Beds: 5
  • Full Bath: 3
  • Total Baths: 3
  • Association Fee: $0.00

Interior Features

  • Laundry Features: See Remarks

Exterior Features

  • Community Features: Biking, Hiking, Park, Sidewalks
  • Private Pool: No
  • Pool Features: None

Schools

  • High School District: San Luis Coastal Unified

Structure

  • Stories: 2
  • Attached Garage: No

Size & Lot

  • Lot Size Acres: 0.2062
  • Lot Size SqFt: 8,980
  • Lot Features: Street Level

Utilities

  • Heating: Central, Wall Furnace
  • Cooling: None
  • Sewer: Public Sewer

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

 

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