There are multiple listings for this address:
Mill ST Lot 2
San Luis Obispo, CA, 93401
$1,798,000
Beds
0 Baths
0 SqFt
0.17 Acres
Add
MLS #SC25195363 image #0MLS #SC25195363 image #1MLS #SC25195363 image #2MLS #SC25195363 image #3MLS #SC25195363 image #4MLS #SC25195363 image #5MLS #SC25195363 image #6MLS #SC25195363 image #7MLS #SC25195363 image #8MLS #SC25195363 image #9MLS #SC25195363 image #10MLS #SC25195363 image #11MLS #SC25195363 image #12MLS #SC25195363 image #13MLS #SC25195363 image #14MLS #SC25195363 image #15MLS #SC25195363 image #16MLS #SC25195363 image #17MLS #SC25195363 image #18MLS #SC25195363 image #19MLS #SC25195363 image #20MLS #SC25195363 image #21MLS #SC25195363 image #22MLS #SC25195363 image #23MLS #SC25195363 image #24MLS #SC25195363 image #25MLS #SC25195363 image #26
Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026.
The back duplex, built in 1950, features two one-bedroom, one-bath units—each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency.
Whether you’re looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don’t miss your chance to invest in one of San Luis Obispo’s most desirable locations!

Property Details

Price:
$1,798,000
MLS #:
SC25195363
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slo
Listed Date:
Sep 1, 2025
Total Sq Ft:
2,278
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1942
SloSloSan Luis Obispo380

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Schools

Interior

Appliances
DW, GR, TW
Cooling
CA, SEE
Flooring
TILE, SEE, VINY, WOOD, CARP
Heating
FA, CF
Laundry Features
SEE, STK, DINC, WH, WINC

Exterior

Architectural Style
SEE
Community Features
SDW, CRB, CW
Construction Materials
STC
Other Structures
TL, GHD
Parking Spots
3
Roof
SHN

Financial

Maintenance Fee
$1,500
Net Operating Income
$67,000

Map

Community

Market Summary

Current real estate data for Single Family in San Luis Obispo as of Nov 01, 2025
99
Single Family Listed
72
Avg DOM
612
Avg $ / SqFt
$1,108,264
Avg List Price

Property Summary

    Located in the San Luis Obispo(380) subdivision, Mill ST Lot 2 San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,798,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1942. The average price per square foot for Single Family listings in San Luis Obispo is $612. The average listing price for Single Family in San Luis Obispo is $1,108,264.

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Mill ST Lot 2
San Luis Obispo, CA
Mill ST Lot 2
San Luis Obispo, CA, 93401
$1,798,000
5 Beds
4 Baths
2,278 SqFt
0.17 Acres
Add
MLS #SC25196391 image #0MLS #SC25196391 image #1MLS #SC25196391 image #2MLS #SC25196391 image #3MLS #SC25196391 image #4MLS #SC25196391 image #5MLS #SC25196391 image #6MLS #SC25196391 image #7MLS #SC25196391 image #8MLS #SC25196391 image #9MLS #SC25196391 image #10MLS #SC25196391 image #11MLS #SC25196391 image #12MLS #SC25196391 image #13MLS #SC25196391 image #14MLS #SC25196391 image #15MLS #SC25196391 image #16MLS #SC25196391 image #17MLS #SC25196391 image #18MLS #SC25196391 image #19MLS #SC25196391 image #20MLS #SC25196391 image #21MLS #SC25196391 image #22MLS #SC25196391 image #23MLS #SC25196391 image #24MLS #SC25196391 image #25MLS #SC25196391 image #26
Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026.
The back duplex, built in 1950, features two one-bedroom, one-bath units—each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency.
Whether you’re looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don’t miss your chance to invest in one of San Luis Obispo’s most desirable locations!

Property Details

Price:
$1,798,000
MLS #:
SC25196391
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slo
Listed Date:
Sep 1, 2025
Finished Sq Ft:
2,278
Total Sq Ft:
2,278
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1942
SloSloSan Luis Obispo380

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
DW, GR, TW
Cooling
CA, SEE
Flooring
TILE, SEE, VINY, WOOD, CARP
Heating
FA, CF
Laundry Features
SEE, STK, DINC, WH, WINC

Exterior

Architectural Style
SEE
Community Features
SDW, CRB, CW
Construction Materials
STC
Other Structures
TL, GHD
Parking Spots
3
Roof
SHN

Financial

Maintenance Fee
$1,500
Net Operating Income
$67,000

Map

Community

Market Summary

Current real estate data for Single Family in San Luis Obispo as of Nov 01, 2025
99
Single Family Listed
72
Avg DOM
612
Avg $ / SqFt
$1,108,264
Avg List Price

Property Summary

    Located in the San Luis Obispo(380) subdivision, Mill ST Lot 2 San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,798,000 and features 5 beds, 4 baths, and has approximately 2,278 square feet of living space, and was originally constructed in 1942. The current price per square foot is $789. The average price per square foot for Single Family listings in San Luis Obispo is $612. The average listing price for Single Family in San Luis Obispo is $1,108,264.

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broker reciprocity
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broker reciprocity
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