462 Islay Street & 458 San Luis Obispo, CA 93401
Triplex - San Luis Obispo, CA
Type:Triplex
Property size:
1,826 SFLot size:
7,500.00 AcresPrice / SF:
$780/SF- Added:
- Apr 27, 2026
- Days on Market:
- 9
- Last Refresh:
- May 5 at 5:06 am
Property Features for 462 Islay Street & 458
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 2
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Kitchen, Laundry, Living Room, Loft, Office
- Parking features
- Assigned, Driveway
- Exterior features
- Community Features Included: Gutters, Curbs, Hiking, Sidewalks, Level With Street
- Appliances
- Garbage Disposer, Oven - Gas, Refrigerator
- Standard status
- Active Under Contract
- APN
- 003614023
- Size
- 1,826 SF
- Lot size
- 7,500.00 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Wood
- Roof type
- Composition
- Architectural style
- Other
Listing agent Graham Updegrove License #01873454 (805) 458-5506
Listing office California Coastal Real Estate 3220 South Higuera St #233, San Luis Obispo, CA (805) 459-1865
Listing date Apr 27, 2026
MLS# SC26090280
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
San Luis Obispo Triplex Investment
This multi-family property presents an investment opportunity near downtown San Luis Obispo, California, featuring three income-producing units on a 7,500 square foot parcel. The property includes a mix of a classic single-family home and a newer duplex. The front residence, built around 1900, is a 2-bedroom plus office (or 3-bedroom), 1.25-bath home with approximately 928 square feet of living space. It features a fenced front yard, porch, hardwood floors, large bedrooms with 10-foot ceilings, a walk-in pantry, indoor laundry, and a storage shed. Currently, this home is leased for $3,010 per month. At the rear of the property is a two-story duplex built in 1990, totaling approximately 898 square feet. Each unit is a studio with a loft, vaulted ceilings, under stair storage, a kitchen, and a private patio/yard space. Shared laundry is available. One studio is leased for $1,800 per month, and the other for $1,850 per month. The property has four on-site parking stalls, five electric meters, three gas meters, and two water meters. There is potential for subdivision to separate the single-family home and duplex onto their own parcels, pending city planning verification. The property is located near downtown San Luis Obispo and offers prospects for long-term appreciation or multi-generational living.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6643965
- Latitude
- 35.273204
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three income-producing units near downtown San Luis Obispo.
Where is this triplex located?
The property is located at 462 Islay Street & 458 San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Three income‑producing units (single‑family home and duplex) on a 7,500 sq ft parcel near downtown San Luis Obispo.; Strong in‑place rental income: $3,010/month (house), $1,800/month and $1,850/month (studios).; Versatile property suitable for investors or owner‑occupants, with potential for long‑term appreciation.
