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Corner-Lot Triplex Near Downtown
For Sale
$1,700,000

1162 Mill San Luis, San Luis Obispo, CA 93401

Three two-bedroom units occupy a 1918 property in San Luis Obispo’s historic Mill St neighborhood.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market119

Property Features for 1162 Mill San Luis

General Information

Standard status Active
Lot size 0.30 Acres
Property subtype Triplex

Building Details

Year Built 1918
Stories 2
Listing Agency: Bjerre & Garcia Realty Inc
Listed By: David Bjerre · License #00891620
Source: Kw
Added: May 30 Changed: Sep 25 Last Checked: Sep 24 at 3:09PM

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 Bjerre & Garcia Realty Inc

Investment Insights

Based on property information with market context.

This triplex comprises three two-bedroom units across the addresses 1162 and 1168 Mill St. The 1162 Mill residence contains one two-bedroom unit, while 1168 Mill includes two additional two-bedroom units. The property dates to 1918 and occupies a corner lot measuring 86 x 150 feet.

Located in San Luis Obispo’s historic Mill St neighborhood, the property is close to downtown. Its corner-lot configuration and established residential setting add to the physical profile of this three-unit offering.

Key Highlights

  • Three total units, each with two bedrooms
  • 1918 construction
  • 86 x 150‑foot corner lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Locksmith Pet 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.

Location Intelligence

Trade Area within ½ mile

4,083
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three two-bedroom units occupy a 1918 property in San Luis Obispo’s historic Mill St neighborhood.
Where is this triplex located?
The property is located at 1162 Mill San Luis San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Three total units, each with two bedrooms; 1918 construction; 86 x 150‑foot corner lot
More about this property
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