Presenting a rare 12,949± SF lot zoned R-2-S (Medium-Density Residential), perfectly positioned for redevelopment or investment. This generous parcel currently features a charming 3-bedroom, 1-bath, 1,260± SF home along with a detached garage that includes an unpermitted guest studio—ideal for immediate rental income while planning your future build. According to city zoning guidelines (SLO Municipal Code Section 17.18.020), the lot allows for up to 4 residential units (or potentially 8 studio units based on density unit calculations in Section 17.70.040). Additional density bonuses may be available to maximize development potential. Property recently appraised for $875,000! This is a unique chance to secure a sizable infill lot with flexible development options in one of San Luis Obispo’s growth corridors. Whether you're an investor, builder, or developer, this property offers substantial upside potential in a strong rental and housing market. Contact us today for more details!
For sale
Listing Provided by:
Owen Schwaegerle DRE #02040597 805-215-5063,
Keller Williams Realty Central Coast,
Camille Schwaegerle DRE #02107467 805-215-5073,
Keller Williams Realty Central Coast
$699,000
3280 Rockview Pl, San Luis Obispo, CA 93401
3beds
1,100sqft
Est.:
Single Family Residence
Built in 1940
0.3 Acres Lot
$686,800 Zestimate®
$635/sqft
$-- HOA
What's special
Detached garageUnpermitted guest studio
- 46 days
- on Zillow |
- 4,574 |
- 142 |
Likely to sell faster than
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