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.
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
Owner options
What's special
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#: SC24255247
Originating 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