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    Three-Unit Residential Income Property
    Updated: Jun 3
    Three-Unit Residential Income Property

    523 Branch St, San Luis Obispo, CA 93401

    $1,395,000
    0.21 AC lot
    Three separate residences on an 8,980+ SF street‑to‑street lot in San Luis Obispo’s Railroad District
    Front residence (523 Branch St) offers 3 bedrooms, 1 bathroom, plus a covered front porch and in‑unit laundry
    Two additional units (520 South A & B) built in 1989, each with an open‑concept lower level and pass‑through kitchen window
    Units 520 South A & B each have direct access from the dining area to a private yard space
    Upstairs in each 520 South unit includes a generously sized bedroom, full bathroom, and a versatile loft area
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    See what stands out in San Luis Obispo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Triplex with Redevelopment Plans
    Downtown Triplex with Redevelopment Plans

    1434-1436 Pine Street, Paso Robles, CA 93446

    $945,000
    0.16 AC lot

    The TC-2-zoned site has dual frontage on Pine and Railroad Streets and previously approved redevelopment plans.

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    Downtown Triplex with Redevelopment Plans
    Downtown Triplex with Redevelopment Plans

    1434 1436 Pine Street, Paso Robles, CA 93446

    $945,000
    0.16 AC lot

    TC-2 zoning, three existing rental units, and an Opportunity Zone designation support multiple planning considerations.

    View details
    Triplex with Detached Garage
    Triplex with Detached Garage

    1160 West St, Morro Bay, CA 93442

    $1,725,000

    Three-unit property combining two residential apartments with a downstairs commercial space and on-site parking.

    View details
    Triplex with Commercial Unit
    Triplex with Commercial Unit

    1160 West, Morro Bay, CA 93442

    $1,725,000
    0.10 AC lot

    Three-unit property combines residential apartments with a commercial space, off-street parking, and a detached garage.

    View details

    San Luis Obispo, CA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in San Luis Obispo, CA on our real estate platform.

    Sale prices for three-family homes in San Luis Obispo, CA average $1,395,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 8
    Apartment buildings 6
    Duplexes 3
    Quadplexes 3
    Triplexes 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93401 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Luis Obispo fall within the 10,000 to 25,000 square foot range.

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