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2101-2103 Johnson Ave San Luis Obispo, CA 93401

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For Sale
$1,299,000

Rare triplex near downtown and Cal Poly with upside potential.

Type:Multifamily
Property size:
900 SF
Added:
Feb 27, 2026
Days on Market:
33
Last Refresh:
Mar 17 at 1:16 pm

Property Features for 2101-2103 Johnson Ave

General Information

Standard status
Active
Size
900 SF
Property subtype
Multifamily

Building Details

Year Built
1939

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Listing Contact
Abel Contreras

Listing agent Abel Contreras License #2062620

Listing office Invest SLO

Listing date Feb 27, 2026

Source Crexi

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 Invest SLO


Overview

Turnkey Triplex in San Luis Obispo

The property at 2101 Johnson Avenue is a turnkey triplex situated in a walkable area of San Luis Obispo, conveniently located near downtown and Cal Poly. The property features updated interiors and strong operations. The front home is a remodeled 2-bed/1-bath cottage of roughly 900 SF with refinished hardwood floors, newer windows, an updated kitchen and bath, fresh paint, and its own single-car garage plus two additional off-street spaces. Behind it are two elevated studio units of about 450 SF each, positioned over their own garages and featuring vaulted ceilings, modern flooring, large decks, generous closets, and loft areas. Each studio has two designated parking spaces, and there is one extra space on site. All utilities are separately metered, and there is coin-operated laundry. Preliminary architectural concepts exist to convert the studios into two-bedroom, two-story units for long-term value-add potential. This triplex represents an excellent Central Coast income opportunity for investors seeking long-term potential.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
San Luis Obispo
County
San Luis Obispo
State
California
Longitude
-120.648202
Latitude
35.2758258

FAQs

What type of property is this?
Triplex - Rare triplex near downtown and Cal Poly with upside potential.
Where is this triplex located?
The property is located at 2101-2103 Johnson Ave San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Prime Location: Highly walkable San Luis Obispo location, close to downtown and Cal Poly, yet on a quiet, tree‑lined residential street.; Turnkey Triplex: Updated interiors and strong operations, appealing to both investors and future owner‑users.; Stable income performance with strong tenant appeal, representing an excellent Central Coast income opportunity.
More about this property
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