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Sold for $1,495,000 on 03/11/25
  • Listing Provided by: 

    Lindsey Harn DRE #01868098 805-441-7744,

    Christie's International Real Estate Sereno

    Bought with: NONMEMBER MRML
    $1,495,000

    1328 Archer St, San Luis Obispo, CA 93401

    4beds
    2,313sqft
    Triplex
    Built in 1900
    -- sqft lot
    $1,515,800 Zestimate®
    $646/sqft
    $3,470 Estimated rent

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    $9,133/mo

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    $9,133/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: March 11, 2025 at 01:00pm

    Listing Provided by:

    Lindsey Harn DRE #01868098 805-441-7744,

    Christie's International Real Estate Sereno

    Bought with:

    General NONMEMBER, DRE #01424304

    NONMEMBER MRML

    Source: CRMLS,MLS#: SC24255247MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Outside
    Features
    • Loft
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 2,313 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: On Site, Off Street, Paved, Private, Uncovered
    • Uncovered spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,100 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 002507023
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Hiking
    Location
    • Region: San Luis Obispo
    • Subdivision: San Luis Obispo(380)

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Paved
    Sell with ease on Zillow
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    $1,515,800
    2% more+$30,316
    With Zillow Showcase(estimated)$1,546,116