Introducing "Railhouse Cottage" —a rare opportunity in the heart of San Luis Obispo. With an R-2 zoning this lot allows for two single-family residences, making it perfect for investors, developers, or those looking to create a multi-generational living setup.
Located in the desirable Railroad District, just blocks from Downtown and directly across from Mitchell Park, this 2-bedroom, 1-bath bungalow sits on a prime lot with endless potential. Live in the existing home while you plan your second residence, or explore building two new homes from the ground up.
Enjoy unbeatable walkability — minutes to the Thursday Night Farmers’ Market, the SLO Food Co-op, local coffee shops, restaurants, and more.
Whether you’re looking to build, invest, or simply enjoy all that San Luis Obispo has to offer, this is a property that checks all the boxes.
Sold for $800,000 on 09/29/25
Listing Provided by:
Chelsea King DRE #02152275 805-540-9333,
Invest SLO,
Abel Contreras DRE #02062620,
Invest SLO
Bought with: Invest SLO
$800,000
973 Buchon St, San Luis Obispo, CA 93401
2beds
726sqft
Single Family Residence
Built in 1947
6,000 Square Feet Lot
$802,800 Zestimate®
$1,102/sqft
$2,751 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 29, 2025 at 08:00pm
Listing Provided by:
Chelsea King DRE #02152275 805-540-9333,
Invest SLO,
Abel Contreras DRE #02062620,
Invest SLO
Bought with:
Chelsea King, DRE #02152275
Invest SLO
Abel Contreras, DRE #02062620
Invest SLO
Source: CRMLS,MLS#: PI25175481
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Main Level Primary
Bathroom
- Features: Tile Counters, Tub Shower
Kitchen
- Features: Tile Counters
Cooling
- None
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Tile Counters, Main Level Primary
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 726 sqft
Property
Parking
- Parking features: Driveway Level, Driveway
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,000 sqft
- Features: Level, Rectangular Lot, Value In Land
Details
- Parcel number: 003542001
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: San Luis Obispo
- Subdivision: San Luis Obispo(380)
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$802,800
2% more+$16,056
With Zillow Showcase(estimated)$818,856