San Luis Obispo County, CA Residential income properties for sale

Multi-Unit Property in Railroad District

$1,395,000

2,816 SF

Multi-Unit Property in Railroad District

523 Branch Street, San Luis Obispo, CA 93401

Three residences in a prime San Luis Obispo location.

Prime location in San Luis Obispo's desirable Railroad District, near parks and downtown.
Three separate residences on a large 8,980± sq ft lot, offering strong income potential.
Flexible living options for investors, owner‑occupants, or those seeking rental income.
Front residence (523 Branch St) features 3 bedrooms, 1 bathroom, covered porch, and in‑unit laundry.
Two additional units (520 South A & B) each with open‑concept living, private yard, bedroom, bathroom, and loft.

Updated: May 26

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$1,350,000

2,403 SF

Craftsman Duplex with Detached Barn

1160 Buchon, San Luis Obispo, CA 93401

Two vintage Craftsman-style residences offer flexible 3-bedroom and 1-bedroom rental or household living with added detached barn space.

Main residence built in 1910 at 1160 Buchon Street with 3 bedrooms and 1 bathroom
Secondary self‑contained residence at 1158 Buchon Street features 1 bedroom and 1 bathroom
Historic District property with early‑1900s Craftsman‑style architectural features including high ceilings and classic wood trim
Built‑in cabinetry and built‑ins throughout both homes for additional functional character
Large detached dirt floor barn on‑site for storage, workshop space, parking, or future use

Updated: May 22

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Charming Multi-Unit Property in San Luis Obispo

$1,250,000

1,727 SF

Charming Multi-Unit Property in San Luis Obispo

Three-unit property with strong income potential in a desirable location.

2101 Johnson Avenue, San Luis Obispo, CA 93401

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$1,469,500

2,985 SF

Los Osos Multifamily Opportunity

Multifamily property in Los Osos with rental income potential.

701 Los Osos Valley, Los Osos, CA 93402

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Historic Victorian Residence in San Luis Obispo

$2,900,000

5,888 SF

Historic Victorian Residence in San Luis Obispo

Iconic Victorian residence with income potential in downtown San Luis Obispo.

687 Islay, San Luis Obispo, CA 93401

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Grover Beach Duplex Investment Opportunity

$995,000

1,476 SF

Grover Beach Duplex Investment Opportunity

Duplex in Grover Beach with future development potential.

261 N 13th, Grover Beach, CA 93433

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$1,235,000

1,799 SF

Updated Home Near Grover Beach

Updated 3-bedroom home near the beach with flexible living spaces.

363 N 5th St, Grover Beach, CA 93433

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$1,645,000

1,714 SF

Dual Residence in San Luis Obispo

Remodeled dual-residence property near Cal Poly and downtown.

667 Howard Street 671, San Luis Obispo, CA 93401

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$1,375,000

2,380 SF

San Luis Obispo Triplex Investment

Three residential units on one property near downtown.

1420 Johnson Avenue 1428, San Luis Obispo, CA 93401

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Grover Beach Four-Unit Apartment Building

$1,249,000

3,604 SF

Grover Beach Four-Unit Apartment Building

Four-unit apartment building in Grover Beach, being sold as-is.

956 S 13th Street, Grover Beach, CA 93433

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Oceano Multifamily Investment Opportunity

$1,800,000

5,500 SF

Oceano Multifamily Investment Opportunity

10-unit multifamily property near the beach in Oceano, California.

1960 Beach Street, Oceano, CA 93445

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$1,080,000

2,142 SF

Renovated Triplex in Atascadero Heart

Historic triplex with modern upgrades and strong income potential.

8740 El Camino Real, Atascadero, CA 93422

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$935,000

2,678 SF

Two Homes on One Lot

Two homes on one lot in San Miguel, California.

1524 K Street, San Miguel, CA 93451

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$849,000

2,100 SF

Charming Duplex in Paso Robles

Westside investment property near downtown Paso Robles.

309 15th Street & 311, Paso Robles, CA 93446

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$890,000

1,534 SF

Corner Lot with Mixed-Use Zoning

Corner lot in the Riverside Corridor with mixed-use zoning and an existing fixer home across from the fairgrounds.

2103 Riverside, Paso Robles, CA 93446

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Versatile Mixed-Use Property in Los Osos

$2,995,000

4,331 SF

Versatile Mixed-Use Property in Los Osos

Mixed-use property featuring residential, office, garden, and yard spaces.

1301 Los Osos Valley Road, Los Osos, CA 93402

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Commercial Building in High-Traffic Area

$600,000

1,500 SF

Commercial Building in High-Traffic Area

Commercial building in Los Osos with potential for mixed-use.

2112 9th, Los Osos, CA 93402

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Charming Craftsman Mixed-Use Opportunity

$750,000

1,290 SF

Charming Craftsman Mixed-Use Opportunity

Circa 1900 craftsman with a versatile layout that can support small business use or a return to residential living.

1545 Park Street, Paso Robles, CA 93446

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Cambria Mixed-Use Investment Opportunity

$1,450,000

4,152 SF

Cambria Mixed-Use Investment Opportunity

Rare commercial property with restaurant, office/retail unit, and duplex.

19401980 Main Street, Cambria, CA 93428

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$1,495,000

13,981.00 Acres

Los Osos Multifamily Investment

Five single-level units in Los Osos, consistently rented.

1957 10th, Los Osos, CA 93402

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$900,000

2,080 SF

Grover Beach Duplex with Garages

Well-maintained duplex in Grover Beach near shopping and beaches.

359 N 3rd St, Grover Beach, CA 93433

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$1,395,000

0.21 Acres

Three-Unit Residential Income Property

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

523 Branch St, San Luis Obispo, CA 93401

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$889,000

Turn-Key Triplex in Paso Robles

Triplex with tenants in up-and-coming Paso Robles area.

3532 Spring St, El Paso de Robles (, Paso Robles, CA 93446

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Paso Robles Triplex Investment Opportunity

$1,295,000

2,632 SF

Paso Robles Triplex Investment Opportunity

Desirable triplex near downtown Paso Robles with income and upside.

2221 Oak Street, Paso Robles, CA 93446

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San Luis Obispo County, CA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in San Luis Obispo County, CA, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 169,141 square feet of properties for sale, with an estimated market value of $57,018,500.

Sale prices for residential income properties in San Luis Obispo County, CA start at $415,000, averaging $1,839,306, and reaching up to $7,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.