714-745-2708

347 Branch Street, San Luis Obispo, CA 93401

$1,450,000 Approx. USD 5 beds, 4 baths
2,612 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Graham Updegrove | graham@ccreslo.com
Lic#: 01873454
Broker: Courtesy of California Coastal Real Estate
Phone: 805-459-1865

Agent Remarks

Unlock the potential of this well-located triplex near downtown San Luis Obispo offering an attractive combination of historic character, R-2 zoning and rental income. Whether you're looking to expand your investment portfolio or pursue a house-hack strategy, this three-unit property provides multiple opportunities for an owner-occupant or investor. The front residence is a charming Mission-style 3-bedroom, 1.5-bath home, built in 1929 and offering ±1,460 square feet of living space. Enjoy the fenced front yard, mature landscaping and porch under a large redwood tree. Architectural character includes distinctive arched windows and doorways, while the spacious bedrooms, open kitchen, and indoor laundry add everyday functionality. At the rear of the property is a single-story duplex, built in 1942, with ±1,152 square feet of combined living space. Each unit features 1 bedroom and 1 full bathroom, along with its own private yard and washer/dryer hookups. Each unit comes with access to a shed, plus an additional large shed currently reserved for the owners tools and landscaping equipment. Unit A and Unit B are available for immediate move in, providing flexibility for a buyer, while Unit C is leased for $2,000 per month. There are separate gas and electric meters for each unit, with two water meters; one for the front house and one for the duplex. Ideally situated near downtown San Luis Obispo, freeway access, shopping, dining, and commercial services, this triplex offers a compelling opportunity to own a multi-family property in one of the Central Coast's most desirable communities.

Listing Details

Property type: Triplex (Single Family)

Status: Active

MLS# SC26196124

Price: $1,450,000

HOA Fee is $0.00

Beds: 5

Baths: 4 (3 full) (1 half)

None fireplaces

Built in 1929

2,612 sqft

1 story

0.24 acres

Lot size: 0.2392

Subdivision: San Luis Obispo(380)

County: San Luis Obispo

Property style: Spanish

Interior features: Main Level Primary

Appliances: Dishwasher,Gas Oven,Microwave,Dryer,Washer

Parking description: Driveway

Lot description: Street Level

Heating/cooling: None

Heating description: Forced Air,Wall Furnace

MLS area: SLO - San Luis Obispo

Last Updated: 9/23/2026

Days On Market (DOM): 13

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This listing belongs to the SLO - San Luis Obispo MLS area

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The style of this listing is Spanish.
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Lat/Long: 35.269878, -120.664693.
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Source: CRM. Also Available in SC26203460,

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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