$1,795,000
$1,798,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
1229 Mill ST San Luis Obispo, CA 93401
5 Beds
4 Baths
2,278 SqFt
Key Details
Sold Price $1,795,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,278 sqft
Price per Sqft $787
Subdivision San Luis Obispo(380)
MLS Listing ID SC25196391
Sold Date 11/26/25
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1942
Property Sub-Type Triplex
Property Description
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!
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R2
Rooms
Other Rooms Guest House Detached, Two On A Lot
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s), Tile Counters, Unfurnished, Bedroom on Main Level, Galley Kitchen
Heating Central, Forced Air
Cooling Central Air, See Remarks
Flooring Carpet, See Remarks, Tile, Vinyl, Wood
Fireplaces Type See Remarks
Fireplace Yes
Appliance Dishwasher, Gas Range, Tankless Water Heater, Dryer, Washer
Laundry Washer Hookup, See Remarks, Stacked
Exterior
Parking Features Door-Single, Driveway, Garage, Off Street, Public
Garage Spaces 1.0
Garage Description 1.0
Fence Average Condition
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Accessibility See Remarks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Level, Rectangular Lot
Faces West
Story 2
Entry Level Two
Foundation Raised, Slab, See Remarks
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Two
Additional Building Guest House Detached, Two On A Lot
New Construction No
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 001221005
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Trust
Lease Land No
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with ROBERT GAYL REGION 1 REALTY