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    San Luis Obispo County, CA Residential Income Properties for Sale

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    Fourplex with Shared Laundry Facility
    Updated: Jun 8
    Fourplex with Shared Laundry Facility

    1470 Madonna Road, San Luis Obispo, CA 93405

    $1,679,000
    5,023 sqft 0.23 AC lot
    Two duplexes (4‑plex) totaling approx. 5,023 sq ft living space on a 9,823 sq ft lot
    Unit mix: one 3 bed/2 bath unit with private 1‑car garage plus three 2 bed/2 bath units
    Two‑story layouts with main‑level living areas and upstairs bedrooms across all units
    Shared community laundry facility plus eight unassigned parking spaces
    Utilities: public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    1470 Madonna Road, San Luis Obispo, CA 93405

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $105K
      Annual

    • Price @ 7% Cap

      $1.5M
      Suggested

    • Property Type

      Apartment House
      Built 1917
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    Self-Contained Duplex with Private Garages
    Updated: Jul 27
    Self-Contained Duplex with Private Garages

    1133 Trouville, Grover Beach, CA 93433

    $915,000
    1,500 sqft 0.17 AC lot
    Two self‑contained, mirrored side‑by‑side units with private entrances and porches
    Each unit includes two bedrooms and one bath plus an attached one‑car garage
    0.1722‑acre lot with about 7,500 SF; shared driveway with room for RV, boat, or extra vehicles
    Fully leased duplex with no common interior wall between the living spaces
    Fenced yard wraps around the second unit with mature palms, flowering beds, and a patio
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    Duplex with Porch
    Duplex with Porch

    245 17th, Paso Robles, CA 93446

    $899,000
    1,500 sqft 0.20 AC lot

    Duplex on R1-zoned lot with central air, featuring a 1-bedroom/1-bath and a 2-bedroom/2-bath unit layout.

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    Renovated Duplex with Private Yards
    Renovated Duplex with Private Yards

    528 Creston, Paso Robles, CA 93446

    $899,000
    1,664 sqft 0.17 AC lot

    Renovated duplex on an R2-zoned lot with private front and rear outdoor spaces and gas ranges in the homes.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fourplex with Eight Parking Spaces
    Fourplex with Eight Parking Spaces

    1470 Madonna Rd, San Luis Obispo, CA 93405

    $1,679,000
    5,023 sqft

    Well-maintained fourplex consists of two duplexes with eight unassigned parking spaces and a shared community laundry facility.

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    Duplex with Private Yard Areas
    Duplex with Private Yard Areas

    261 N 13th, Grover Beach, CA 93433

    $995,000
    1,476 sqft 0.13 AC lot

    Two-unit duplex with 2-bed/1-bath and 2-bed/2-bath layouts, newer roof, central heat and air, and private yard areas.

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    Residential Income Multifamily Property
    Residential Income Multifamily Property

    1480 Madonna Road, San Luis Obispo, CA 93405

    $1,679,000
    5,023 sqft 0.19 AC lot

    A small multifamily asset offering residential income potential in San Luis Obispo, California.

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    Entitled Multifamily Development Site
    Entitled Multifamily Development Site

    222 South Frontage Road, Nipomo, CA 93444

    $7,500,000
    385,942 sqft 8.86 AC lot

    Fully approved 240-unit market-rate multifamily development site with direct U.S. Highway 101 access.

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    Duplex with Attached One-Car Garages
    Duplex with Attached One-Car Garages

    1133 Trouville Avenue, Grover Beach, CA 93433

    $915,000
    0.17 AC lot

    Mirrored side-by-side duplex with two self-contained 2-bedroom units, private entrances, porches, and attached one-car garages.

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    Updated Duplex with Two 2BR Units
    Updated Duplex with Two 2BR Units

    646 Perkins Lane, San Luis Obispo, CA 93401

    $1,049,000
    2,312 sqft 0.12 AC lot

    An updated duplex offering two separately metered units with fenced backyards and in-unit washer/dryer combos.

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    Detached Duplex with Off-Street Parking
    Detached Duplex with Off-Street Parking

    3204 Rockview Pl, San Luis Obispo, CA 93401

    $1,485,000
    2,388 sqft 0.20 AC lot

    Two separate detached homes on an R2-zoned lot with four off-street parking spaces, both currently tenant-occupied.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    1301 Los Osos Valley Road, Los Osos, CA 93402

    $2,995,000
    2,781 sqft 1.39 AC lot

    Property includes a 2022 single-family residence, a 1,000-sf professional office building, garden, and secure corporation yard on 1.39 acres.

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    Ranch-Style Triplex Property
    Ranch-Style Triplex Property

    701 Los Osos Valley, Los Osos, CA 93402

    $1,469,500
    0.20 AC lot

    Triplex in RMF zoning with a 3-bedroom main home and two 2-bedroom duplex units, each with outdoor patio space.

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    Remodeled Duplex with Two Units
    Remodeled Duplex with Two Units

    346 12th, San Miguel, CA 93451

    $599,000
    1,400 sqft

    Two remodeled duplex units total just under 1,400 sq ft, with the main unit scheduled to be vacant February 15.

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    Turnkey Duplex With R2 Zoning
    Turnkey Duplex With R2 Zoning

    261 N 13th, Grover Beach, CA 93433

    $995,000
    0.13 AC lot

    Turnkey duplex on an R2-zoned site with two addresses and an undeveloped portion of the lot.

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    Fourplex with Shared Laundry
    Fourplex with Shared Laundry

    1470 Madonna Road, San Luis Obispo, CA 93405

    $1,679,000
    0.23 AC lot

    A two-story fourplex configured as two legal duplexes, offering one 3-bedroom unit and three 2-bedroom units.

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    Mixed-Use Investment Property
    Mixed-Use Investment Property

    1140-1148 East Grand Avenue, Arroyo Grande, CA 93420

    $1,499,000
    6,000 sqft

    Mixed-use property with residential and commercial units and 100% occupancy, positioned for easy access to Highway 101.

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    Two-Unit Ranch Duplex
    Two-Unit Ranch Duplex

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

    $799,900
    2,100 sqft 0.16 AC lot

    Duplex on a tree-shaded lot with double carports and storage, featuring two bed/one-to-two bath units.

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    Updated Three-Bedroom Mobile Home
    Updated Three-Bedroom Mobile Home

    240-3860 Higuera St, San Luis Obispo, CA 93401

    $289,000
    1,344 sqft

    Updated 3-bedroom, 2-bath home in Silver City Mobile Lodge Park with an open layout and covered outdoor living space.

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    2-Bedroom Coastal Condominium
    2-Bedroom Coastal Condominium

    210 Laurel Street, Avila Beach, CA 93424

    Contact for pricing
    750 sqft 0.13 AC lot

    Contemporary 2-bedroom, 1-bath condo with in-unit washer/dryer, air conditioning, and designated EV-charging parking.

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    Move-In Ready Mobile Home
    Move-In Ready Mobile Home

    54-3960 S Higuera St, San Luis Obispo, CA 93401

    $215,000
    800 sqft

    Move-in ready 1973 mobile home with 2 bedrooms, 1 bath, dual-pane windows, and fenced yard in an all-age park.

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    Quadplex on Madonna Road
    Quadplex on Madonna Road

    1480 Madonna Road, San Luis Obispo, CA 93405

    $1,679,000
    0.19 AC lot

    For sale quadplex property on Madonna Road in San Luis Obispo, California.

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    Manufactured Home in Mobile Park
    Manufactured Home in Mobile Park

    50b-1121 Orcutt Rd, San Luis Obispo, CA 93401

    $399,000
    1,020 sqft

    Move-in ready manufactured home with 2 bedrooms, 2 bathrooms, and a covered carport in an all-age, pet-friendly community.

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    Ground-Floor Retail Condo Units
    Ground-Floor Retail Condo Units

    401 W Grand Avenue, Grover Beach, CA 93433

    $725,000

    First phase includes two ground-floor commercial condo spaces delivered as cold shells at 401 W Grand Avenue.

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

    Explore 92 residential income properties for sale in San Luis Obispo County, CA, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 557,748 square feet of properties for sale, with an estimated market value of $92,325,445.

    Sale prices for residential income properties in San Luis Obispo County, CA start at $99,950, averaging $1,377,991, 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.

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