RARE OPPORTUNITY!!! TWO CRAFTSMAN-STYLE HOMES ON SINGLE CORNER LOT in the charming Historic District of downtown San Luis Obispo! Located at the corner of Johnson & Palm, these early 1900s homes are full of character and period details, offering flexibility for investors, multi-generational living, or owner-occupants seeking rental income.
879 Johnson Ave features 1 bedroom and 1 bathroom (750 sqft), while 1270 Palm Street includes 2 bedrooms and 1 bathroom (1,064 sqft). Both retain the traditional aesthetic and charm of the era, with classic features like double-hung windows that frame views of the neighborhood and surrounding hills. Each home enjoys its own porch, patio, and fenced outdoor space for added privacy.
Situated on an R3-zoned lot, the homes are separately metered for water, electricity, gas, and sewer, providing excellent potential for dual occupancy or long- and short-term rental income. Additional amenities include a Tesla charger, and a shed that can serve as a workspace, storage, or be removed to accommodate up to four off-street parking spots.
Enjoy being less than 5 minutes to the courthouse, shops, restaurants, and downtown amenities. Just a short commute to Cal Poly, this location blends historic charm with unbeatable convenience.
A unique opportunity in the heart of San Luis Obispo – don’t miss it!
879 Johnson Ave features 1 bedroom and 1 bathroom (750 sqft), while 1270 Palm Street includes 2 bedrooms and 1 bathroom (1,064 sqft). Both retain the traditional aesthetic and charm of the era, with classic features like double-hung windows that frame views of the neighborhood and surrounding hills. Each home enjoys its own porch, patio, and fenced outdoor space for added privacy.
Situated on an R3-zoned lot, the homes are separately metered for water, electricity, gas, and sewer, providing excellent potential for dual occupancy or long- and short-term rental income. Additional amenities include a Tesla charger, and a shed that can serve as a workspace, storage, or be removed to accommodate up to four off-street parking spots.
Enjoy being less than 5 minutes to the courthouse, shops, restaurants, and downtown amenities. Just a short commute to Cal Poly, this location blends historic charm with unbeatable convenience.
A unique opportunity in the heart of San Luis Obispo – don’t miss it!
Property Details
Price:
$1,375,000
MLS #:
SC25217689
Status:
A
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slo
Listed Date:
Oct 1, 2025
Finished Sq Ft:
1,814
Lot Size:
6,750 sqft / 0.16 acres (approx)
Year Built:
1920
See this Listing
Schools
School District:
San Luis Coastal Unified
Interior
Appliances
DW, RF, GO, GR, HOD
Bathrooms
2 Full Bathrooms
Cooling
NO
Flooring
VINY, CARP
Heating
WL
Laundry Features
IN
Exterior
Architectural Style
CRF
Community Features
SDW, SL, CRB, PARK, HIKI, BIKI
Parking Spots
4
Roof
SHN
Security Features
COD, FSDS
Financial
Map
Community
- AddressJohnson Avenue San Luis Obispo CA
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
Market Summary
Current real estate data for Single Family in San Luis Obispo as of Nov 01, 2025
91
Single Family Listed
81
Avg DOM
639
Avg $ / SqFt
$1,088,130
Avg List Price
Property Summary
- Located in the San Luis Obispo(380) subdivision, Johnson Avenue San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,375,000 and features 3 beds, 2 baths, and has approximately 1,814 square feet of living space, and was originally constructed in 1920. The current price per square foot is $758. The average price per square foot for Single Family listings in San Luis Obispo is $639. The average listing price for Single Family in San Luis Obispo is $1,088,130.
Similar Listings Nearby
Courtesy of Christie’s International Real Estate Sereno. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.Johnson Avenue
San Luis Obispo, CA