Triplex

San Luis Obispo, CA Triplexes for Sale

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Spanish-Style Triplex Near Downtown
Updated: Sep 16
Spanish-Style Triplex Near Downtown

347 Branch Street, San Luis Obispo, CA 93401

$1,450,000
2,612 sqft 0.24 AC lot
Three‑unit configuration with a 3‑bedroom front residence and rear 2‑unit duplex
Approximately 2,612 square feet of combined living space on 0.2392 acres
Front residence built in 1929; rear duplex built in 1942
R‑2 zoning with separate gas and electric meters for each unit
Units A and B available for immediate move‑in; Unit C is leased
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Spanish-Style Triplex
Updated: Sep 17
Spanish-Style Triplex

347 Branch Street, San Luis Obispo, CA 93401

$1,450,000
0.24 AC lot
Three‑unit property with a 3‑bedroom front home and rear 2‑unit duplex
Front residence offers approximately 1,460 square feet; built in 1929
Rear duplex provides approximately 1,152 square feet combined; built in 1942
Duplex units each include 1 bedroom, 1 full bathroom, private yard, and washer/dryer hookups
0.2392‑acre parcel with R‑2 zoning near downtown San Luis Obispo
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Three-Unit Residential Income Property
Three-Unit Residential Income Property

523 Branch St, San Luis Obispo, CA 93401

$1,395,000
2,816 sqft 0.21 AC lot

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

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Mission-Style Three-Unit Triplex
Mission-Style Three-Unit Triplex

347 Branch St, San Luis Obispo, CA 93401

$1,450,000
2,612 sqft

R-2-zoned triplex with a front residence, rear duplex, separate utility metering, and private outdoor areas.

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Corner-Lot Triplex Near Downtown
Corner-Lot Triplex Near Downtown

San Luis Obispo, CA 93401

$1,700,000
0.30 AC lot

Three two-bedroom units occupy a 1918 property in San Luis Obispo’s historic Mill St neighborhood.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

Well-Maintained Triplex with Ocean Deck
Well-Maintained Triplex with Ocean Deck

31 8th Street, Cayucos, CA 93430

$2,000,000
0.18 AC lot

Spacious two-story triplex with bright living areas, in-unit laundry space, and private ocean-view deck from a front bedroom.

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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.

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Renovated Ocean-View Triplex
Renovated Ocean-View Triplex

184 Birch Ave, Cayucos, CA 93430

$2,199,000

Three updated residences offer ocean views, private laundry, dedicated parking, and a combination of short- and long-term rental use.

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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.

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San Luis Obispo, CA Triplexes Market Trends and Statistics

Explore 5 triplexes for sale in San Luis Obispo, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,040 square feet of properties for sale, with an estimated market value of $7,445,000.

Sale prices for three-family homes in San Luis Obispo, CA start at $1,395,000, averaging $1,489,000, and reaching up to $1,700,000 — 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

Triplexes 5
Apartment buildings 4
Mobile home & RV parks 4
Duplexes 2

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 $1.5M

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)

Average Property Price per SF

For-sale Residential Income pricing trends in San Luis Obispo County

Residential Income

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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