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Old Town SLO Duplex
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785-a & B Pepper, San Luis Obispo, CA 93401

Duplex with detached studio in old-town San Luis Obispo.

Property SizeContact for details
Days on Market289

Property Features for 785-a & B Pepper

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 2
Stories 1
Units 2
Listing Agency: Davies Co. Real Estate
Listed By: Dawna Davies · License #01152951
Source: Crexi
Added: Nov 7, 2025 Changed: Aug 8 Last Checked: Aug 23 at 3:49PM

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 Davies Co. Real Estate

Investment Insights

Based on property information with market context.

Located in the old-town San Luis Obispo railroad area, near the corner of Mill and Peach Streets, this property includes a 2-bedroom, 1-bath home and a detached studio, both with off-street parking. The front house features a picket fence front yard with a pomegranate tree and a fully fenced rear yard. The detached studio has a generous front porch and two yards, and a recently installed roof replacement. Unit sizes are estimates, and square footage for the assessor may differ from the actual total area of the units. The property is professionally managed, and both units are occupied. Photos reflect the most recent time of vacancy, and inspection reports reflect the current condition. Detailed income and expense information is available. The seller will consider buyer concessions.

Key Highlights

  • Two income‑producing units on one parcel, featuring a 2‑bedroom house and a detached studio.
  • Both units have off‑street parking.
  • Convenient location in Old‑town SLO, near Mill and Peach Streets.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Law Firm Big Box & Wholesale Store HVAC Service

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

83
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

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?
Duplex - Duplex with detached studio in old-town San Luis Obispo.
Where is this duplex located?
The property is located at 785-a & B Pepper San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Two income‑producing units on one parcel, featuring a 2‑bedroom house and a detached studio.; Both units have off‑street parking.; Convenient location in Old‑town SLO, near Mill and Peach Streets.
More about this property
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