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1328 Archer Street, San Luis Obispo, CA 93401

Triplex · 2 recorded sales since 2018

1328 Archer Street, San Luis Obispo, CA 93401 Sold March 2025 CRMLS
$1,495,000Sold March 2025

Listing Agent: Lindsey Harn (DRE #01868098) · Listing Office: Christie's International Real Estate Sereno · Contact: 805-441-7744 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #SC24255247 · Source: CRMLS

4
Bedrooms
3
Bathrooms
2,313
Sq Ft
6,100 sqft
Lot Size
1900
Year Built
Triplex
Type
2
Stories
0
Garage
None
Cooling
WallFurnace
Heating
Neighborhood
View

About this triplex

Situated in the heart of San Luis Obispo, this triplex combines location, convenience, and opportunity. Fully occupied, this property has the opportunity for immediate income generation with the possibility for future expansion. Located just steps from the vibrant downtown area, residents enjoy unparalleled access to charming local businesses, popular restaurants, and the iconic Thursday Night Farmers' Market. The triplex includes a mix of units to suit various tenant needs: one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, one 1-bedroom with a small loft, 1-bath unit. A shared laundry area provides convenience for tenants, while private off-street parking enhances the property's appeal. Situated on a generous lot, there’s room to add an additional unit and expand parking—buyers are encouraged to verify possibilities with the city. This property may also qualify for the Mills Act, offering potential tax savings (check eligibility with the city). Don’t miss this chance to own a versatile investment property in a highly sought-after location. Whether you're a seasoned investor or new to the market, 1328 Archer offers a unique opportunity to grow your portfolio in one of San Luis Obispo’s most desirable areas.

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

Sale history

$1,495,000
Sold March 2025 · on market December 2024 · MLS #SC24255247 · Source: CRMLS
Listing Agent: Lindsey Harn · Listing Office: Christie's International Real Estate Sereno · Contact: 805-441-7744 · Bought with: General NONMEMBER · NONMEMBER MRML
$963,500
Sold March 2018 · listed $1,029,900, orig. $1,049,900, on market September 2017 · MLS #PI17213128 · Source: CRMLS
Listing Agent: Mark Burnes · Listing Office: Burnes Commercial Group · Contact: 805-556-0900 · Bought with: Mark Burnes · Burnes Commercial Group
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