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Renovated 4-Unit Multifamily Property
For Sale
$2,400,000

1130 Leff Street, San Luis Obispo, CA 93401

Four updated residences across two buildings with shared laundry and off-street parking near downtown San Luis Obispo.

Property SizeContact for details
Days on Market28

Property Features for 1130 Leff Street

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 2 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Amenities

laundry room

Building Details

Year Built 1925
Buildings 2
Listing Agency: Triad Real Estate Group
Listed By: Rodessa Newton · License #01392093
Source: Exitrealty
Added: Aug 11 Changed: Sep 1 Last Checked: Sep 7 at 6:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triad Real Estate Group

Investment Insights

Based on property information with market context.

This multifamily property comprises two buildings and four residences totaling 10 bedrooms. The unit mix includes two three-bedroom, one-bath homes and two two-bedroom, one-bath homes. Improvements completed across the residences include electrical and plumbing updates, new appliances, interior and exterior paint, and new flooring. Each unit has a separate electric meter.

Unit A offers an open layout, quartz countertops, updated cabinetry, a remodeled bath, LVP flooring, a tankless water heater, and a new furnace. Unit B combines refinished original cabinetry, vintage tile, original hardwood, updated forced-air heating, and a new shower. The front building dates to 2000 and includes Unit C with vaulted ceilings, a balcony, and corner windows; Unit D was built in 2023 and features contemporary finishes, quartz counters, LVP flooring, and a mini-split system for heating and air conditioning.

The property includes a private laundry room equipped with 2 washers and 2 dryers, along with several off-street parking spaces. It is located at 1130 Leff St in San Luis Obispo, with a BikeScore of 78, WalkScore of 68, and TransitScore of 34.

Key Highlights

  • Four residences across two buildings with a combined 10 bedrooms
  • Unit mix includes two 3‑bedroom and two 2‑bedroom residences
  • Recent electrical, plumbing, appliance, flooring, and paint updates

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Electrical Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,714
Businesses Nearby

Demographics for 93401, CA

29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four updated residences across two buildings with shared laundry and off-street parking near downtown San Luis Obispo.
Where is this multifamily property located?
The property is located at 1130 Leff Street San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Four residences across two buildings with a combined 10 bedrooms; Unit mix includes two 3‑bedroom and two 2‑bedroom residences; Recent electrical, plumbing, appliance, flooring, and paint updates
More about this property
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