Turnkey Triplex in San Luis
2101-2103 Johnson Ave, San Luis Obispo, CA 93401
Rare triplex near downtown and Cal Poly with upside potential.
Type:Multifamily
Property size:
900 SFPrice / SF:
$1,443/SF- Added:
- Feb 27, 2026
- Days on Market:
- 82
- 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
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
HighLights
- 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.
- Remodeled Front Cottage: A 2‑bed/1‑bath cottage with refinished hardwood floors, newer windows, updated kitchen and bath, fresh paint, and a single‑car garage.
- Studio Units: Two elevated studio units with vaulted ceilings, modern flooring, large decks, generous closets, and loft areas.
- Preliminary architectural concepts exist to convert the studios into two‑bedroom, two‑story units for long‑term value‑add.
Overview
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
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.648202
- Latitude
- 35.2758258
Nearby Similar for Sale
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.
