$1,495,000

1328 Archer Street, San Luis Obispo CA, 93401

Price per sqft$646.35

Built in1900

Property size2,313 sqft

Property typeMulti-family

Bought with General NONMEMBER with NONMEMBER MRML and Listed by Lindsey Harn CA DRE# 01868098 with Christie's International Real Estate Sereno 805-441-7744

Overview

Sold

Closed

Listed Jan 15, 2025

Updated Jun 19

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.

Additional information

MLS^® ID: SC24255247

Interior Features

Bedrooms: 4
Bathrooms: 3
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Bought with General NONMEMBER with NONMEMBER MRML and Listed by Lindsey Harn CA DRE# 01868098 with Christie's International Real Estate Sereno 805-441-7744

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:58 PM UTC Last Checked: 1:58 PM UTC