Description
Approved plans on a separate building pad, two leased units generating ~ $70,800 annually, and elevated views in San Luis Obispo, a rare opportunity. 3291Rockview combines income, views, and expansion momentum in one of SLO’s most convenient hillside locations. The property includes a 3-bedroom, 2-bath mainresidence of approximately 1,632 square feet and a separate 1-bedroom, 1-bath ADU of approximately 600 square feet. Both units are currently leased, providingimmediate revenue while future plans move forward. The upper portion of the lot features an elevated build site with approved plans per seller, and water andsewer have been extended to that area. The separation between the existing improvements and the upper terrace allows flexibility for additional constructionwhile maintaining usable yard space. The lot size and orientation support view-oriented outdoor living, private yard space, or pool design. Generate income whileplanning your next home. Positioned just minutes from downtown San Luis Obispo, restaurants, shopping, and major routes, the property benefits from proximityto established neighborhoods and evolving restaurant and retail corridors. In a market where properties offering existing income and approved expansioncomponents are limited, 3291 Rockview stands apart. Both 3291 and 3281 Rockview are offered for sale, creating the potential for a larger estate footprint orexpanded investment strategy.
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0BEDS
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0.96ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Approved plans on a separate building pad, two leased units generating ~ $70,800 annually, and elevated views in San Luis Obispo, a rare opportunity. 3291Rockview combines income, views, and expansion momentum in one of SLO’s most convenient hillside locations. The property includes a 3-bedroom, 2-bath mainresidence of approximately 1,632 square feet and a separate 1-bedroom, 1-bath ADU of approximately 600 square feet. Both units are currently leased, providingimmediate revenue while future plans move forward. The upper portion of the lot features an elevated build site with approved plans per seller, and water andsewer have been extended to that area. The separation between the existing improvements and the upper terrace allows flexibility for additional constructionwhile maintaining usable yard space. The lot size and orientation support view-oriented outdoor living, private yard space, or pool design. Generate income whileplanning your next home. Positioned just minutes from downtown San Luis Obispo, restaurants, shopping, and major routes, the property benefits from proximityto established neighborhoods and evolving restaurant and retail corridors. In a market where properties offering existing income and approved expansioncomponents are limited, 3291 Rockview stands apart. Both 3291 and 3281 Rockview are offered for sale, creating the potential for a larger estate footprint orexpanded investment strategy.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-10T11:29:59.54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.