1220 Mill Street, San Luis Obispo, CA 93401

About this single-family home

Charming Downtown Multi-Unit Property ~ Opportunity knocks in one of San Luis Obispo’s most coveted downtown locations! Nestled in the desirable Historic Mill Street District, this rare R2 zoned property features two detached units on a spacious lot offering flexibility & potential in a prime location. The front home is a charming 2 bedroom, 1 bath bungalow with approx 900 sqft of living space, while the rear unit is a cozy 1 bedroom, 1 bath around 580 sqft with its own private outdoor space. Additional features include a detached storage/workshop/garage, plenty of off-street parking, and endless potential for customization or income generation. Whether you’re an investor, a savvy buyer looking to live in one & rent the other or someone ready to restore a downtown gem, this is a true San Luis Obispo find. Bring your vision and make the most of this unique opportunity in the heart of SLO. Property is being sold AS-IS

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$950,000

Sold July 2025 · listed $995,000, orig. $1,085,000, on market April 2025 · MLS #SC25079656 · Source: CRMLS

Listing Agent: Michelle Braunschweig · Listing Office: Richardson Sotheby's International Realty · Contact: 805-801-1734 · Bought with: Michelle Braunschweig · Richardson Sotheby's International Realty

$887,000

Sold May 2022 · listed $1,100,000, on market April 2022 · MLS #SC22078331 · Source: CRMLS

Listing Agent: Kristi Donati · Listing Office: The Avenue Central Coast Realty, Inc. · Contact: 805-548-2670 · Bought with: Michelle Braunschweig · Richardson Properties

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