3380 Bullock Lane
San Luis Obispo, CA 93401
0
Bed
0
Bath
6,971Sqft
21,687Sqft(Lot)
3380 Bullock Lane presents a rare opportunity to acquire a turn-key, pride of ownership multifamily asset in one of San Luis Obispo's most sought-after rental markets. The 8-unit property has been meticulously maintained and thoughtfullyupgraded, featuring modern interiors with luxury vinyl plank flooring, updated kitchens with stainless-steel appliances, and spacious open-concept living areas with private patios. The building demonstrates strong in-place rents and steady operational performance, offering both secure income and upside potential through continued rent growth in a supply-constrained submarket. Residents enjoy convenient access to Downtown SLO, Cal Poly University, and major employers, with abundant on-site parking and on-site laundry facilities. With a current CAP rate of 4.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 0 -
Interior Features
Interior Features: All Bedrooms Up Property Appliances: Dishwasher,Free-Standing Range,Refrigerator Fireplace: None Flooring: See Remarks -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1977 Building Area Total: 6,971 -
Pool Features
NoneLaundry Features
See RemarksFencing
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4979 -
Lot Size Source: Public Records Lot Size Square Feet: 21687
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Listing Price Information
Original List Price: 3,195,000 Listing Contract Date: 2025-11-11 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 053071010
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: SLO - San Luis Obispo Directions: Take CA-227 (Broad Street) headed southeast towards Orcutt Road, then turn onto Bullock Ln. Source Property Type: Residential Income Area: SLO - San Luis Obispo -
Building and Construction
Property Age: 49 Common Walls: No Common Walls Property Condition: Turnkey Year Built Source: Public Records Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1854 Sydney Street, San Luis Obispo, CA, 93401 | $3,298,000 | 5 | 6 | 5,351 | 5,351 SqFt |
| 3816 Hatchery Lane #1, San Luis Obispo, CA, 93401 | $945,000 | 3 | 2 | 1,673 | 1,673 SqFt |
| 2021 Skylark, San Luis Obispo, CA, 93401 | $1,700,000 | 4 | 1 | 2,399 | 2,399 SqFt |
| 1255 Orcutt Road #B33, San Luis Obispo, CA, 93401 | $194,950 | 2 | 2 | 745 | 745 SqFt |
| 1255 Orcutt Road #B27, San Luis Obispo, CA, 93401 | $169,950 | 2 | 2 | 560 | 560 SqFt |
| 1255 Orcutt Road #B14, San Luis Obispo, CA, 93401 | $169,950 | 2 | 2 | 560 | 560 SqFt |
| 3070 Rockview Pl, San Luis Obispo, CA, 93401 | $885,000 | 2 | 2 | 1,506 | 1,506 SqFt |
| 479 Mitchell, San Luis Obispo, CA, 93401 | $1,195,000 | 3 | 2 | 2,333 | 2,333 SqFt |
| 687 Islay #1-9, San Luis Obispo, CA, 93401 | $2,900,000 | -- | -- | 5,888 | 5,888 SqFt |
| 1370 Broad Street, San Luis Obispo, CA, 93401 | $1,749,000 | 3 | 1 | 1,704 | 1,704 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 18:40
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