1328 Archer Street Pending

San Luis Obispo,CA 93401

$ 1495000

4 Beds

3 Baths

2313 SqFt


Key Details

Property Type Condo

Listing Status Pending

Purchase Type For Sale

Square Footage 2,313 sqft

Price per Sqft $646

MLS Listing ID SC24255247

Style All Other Attached

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1900

Lot Size 6,100 Sqft

Acres 0.14

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, theres room to add an additional unit and expand parkingbuyers 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). Dont 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 Obispos most desirable areas.
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, theres room to add an additional unit and expand parkingbuyers 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). Dont 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 Obispos most desirable areas.

Location

State CA

County San Luis Obispo

Area San Luis Obispo (93401)

Interior

Flooring Carpet,Linoleum/Vinyl

Laundry Outside

Exterior

Fence Wood

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

View Neighborhood

Roof Type Shingle

Total Parking Spaces 5

Building

Story 2

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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