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523 Branch Street

San Luis Obispo, CA 93401
  • $1,395,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: SC26108142
Price Reduced
UPDATED: 41 min ago
$1,395,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Lindsey Harn of Christie's International Real Estate Sereno (805-476-0104)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-08T00:27:15.707. 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.
www.kennyrealestategroup.com/homes/176879538
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523 Branch Street San Luis Obispo, CA 93401

  • Price: $1,395,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 41 min ago
  • ID#: SC26108142
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1910
Built
Neighborhood:
San Luis Obispo(380)
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
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.
Exterior Features

Entry Level 1 Entry Location Front Lot Features Street Level Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features PavedOne SpaceUncovered Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating CentralWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingHikingParkSidewalks Electric Expense 0 Garage YN No Gross Income 91200 Gross Scheduled Income 91200 Insurance Expense 2000 Land Lease YN No Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 77200 New Construction YN No New Taxes Expense 12000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 14000 Possession Close Of Escrow Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-08T00:27:15.707. 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.
 
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Equity Union
860 Walnut St. Ste C
San Luis Obispo CA, 93401
Listing Agent(s): Lindsey Harn of Christie's International Real Estate Sereno (805-476-0104)