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Three-Unit Residential Income Property

523 Branch St San Luis Obispo, CA 93401

523 Branch St, San Luis Obispo, CA, 93401
$1,395,000
For Sale
$1,395,000

Three separate residences on a street-to-street lot, offering flexible living and rental layout with off-street parking.

Lot Size0.21 Acres
Days on Market45

Property Features for 523 Branch St

General Information

Standard status
Active
Lot size
0.21 Acres
Property subtype
Investment

Building Details

Year Built
1910
Listing Agency Sereno
Listed by Lindsey Harn · License #01868098
Source Elliman
Added: Jun 3 Checked: Jul 17 at 6:18 am

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 Sereno


Investment Insights

Based on property information with market context.

This three-unit residential income property features a street-to-street configuration on a spacious 8,980± square foot lot. The front home at 523 Branch Street offers 3 bedrooms and 1 bathroom, with a covered front porch, mature shade trees, and a spacious front yard. Inside, an open-concept living area supports a practical day-to-day flow, and the kitchen includes in-unit laundry.

Behind the main residence, the property includes two additional units at 520 South A & B, both built in 1989. Each unit has an open-concept lower level with a pass-through kitchen window to the living room, and direct access from the dining area to a private yard space. Upstairs, each unit offers a generously sized bedroom, a full bathroom, and a versatile loft area that can function as a home office or additional living space. Off-street parking is available in front of the units.

Located in the heart of San Luis Obispo’s Railroad District, the property is positioned moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. The three separate residences provide a straightforward fit for investors, owner-occupants, or households looking to live in one home while renting the others, supported by private yards and off-street parking.

Key Highlights

  • Three separate residences on an 8,980+ SF street‑to‑street lot in San Luis Obispo’s Railroad District
  • Front residence (523 Branch St) offers 3 bedrooms, 1 bathroom, plus a covered front porch and in‑unit laundry
  • Two additional units (520 South A & B) built in 1989, each with an open‑concept lower level and pass‑through kitchen window

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three separate residences on a street-to-street lot, offering flexible living and rental layout with off-street parking.
Where is this triplex located?
The property is located at 523 Branch St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Three separate residences on an 8,980+ SF street‑to‑street lot in San Luis Obispo’s Railroad District; Front residence (523 Branch St) offers 3 bedrooms, 1 bathroom, plus a covered front porch and in‑unit laundry; Two additional units (520 South A & B) built in 1989, each with an open‑concept lower level and pass‑through kitchen window
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