Active Under Contract

491 Branch Street

San Luis Obispo, CA 93401
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Bed 6

Bed

Bath 4

Bath

SqFt9,000

Sqft(Lot)

Fully leased 4-unit investment ideally located in central San Luis Obispo on a 9,000 square foot lot with two buildings that total 2,744 square feet of living area. All four units are permitted. Current gross rents total $8,040/month ($96,480/year). 491 Branch St is 872 square feet, 2BD/1BA, standalone house with in-unit laundry and private patio at $2,550/month. 498 South St #C is 972 square feet, two-story, 2BD/1BA with in-unit laundry, facing the interior parking area, at $2,400/month. 498 South St #A is a 450 square foot open-loft studio facing South Street at $1,800/month. 498 South St #B is a 450 square foot open-loft studio facing South Street at $1,290/month. Five on-site parking spaces (shared use, single parcel) are accessed via Branch Street, with additional street parking avail able on both Branch and South streets. Central location near downtown SLO, with Hawthorne elementary school directly across the street. Information deemed reliable but not guaranteed.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,549,000

AD Id : 89519251

MLS Id : SC26177285

Beds : 6

Lot Size : 9,000 Sqft

Year Built : 1990

County : San Luis Obispo

Subdivision: Croissant Park Park Sec

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Feature Features

  • Interior Features

    Roof: Composition
    Appliances: Dishwasher, GasRange, GasWaterHeater, Refrigerator
    Laundry Features: SeeRemarks
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1990
    Building Area Total: 2744
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 9000 Lot Size Acres: 0.2066 Lot Size Source: Assessor Lot Size Square Feet: 9,000 Lot Description: Lawn

    Property Information

    Subdivision: San Luis Obispo(380) Source Property Type: ResidentialIncome Property SubType: Single Family Residence Levels: One,Two Property Age: 36

  • Listing Price Information

    Listing Price: $1549000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 003739023 Tax Lot: 27 Tax Block: 11

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: From Broad Street turn on Branch St. Park on Branch Street. WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

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O'connor Way, San Luis Obispo, CA, 93401 $3,450,000 2 2 2,400 2,400 SqFt
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6520 Mira Cielo, San Luis Obispo, CA, 93401 $11,995,000 6 2 11,096 11,096 SqFt
4545 Wavertree, San Luis Obispo, CA, 93401 $1,350,000 4 3 2,091 2,091 SqFt
1854 Sydney Street, San Luis Obispo, CA, 93401 $3,185,000 5 8 5,351 5,351 SqFt
2645 El Cerrito, San Luis Obispo, CA, 93401 $2,639,000 6 4 4,244 4,244 SqFt
1410 Noveno, San Luis Obispo, CA, 93401 $1,449,000 3 3 1,917 1,917 SqFt
3826 Sebright #1, San Luis Obispo, CA, 93401 $937,000 3 2 1,673 1,673 SqFt
1879 San Luis Drive, San Luis Obispo, CA, 93401 $1,795,000 4 2 2,200 2,200 SqFt
5781 Glenview, San Luis Obispo, CA, 93401 $2,165,000 5 6 4,204 4,204 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 00:43

MLS: SC26177285 LISTED BY: Kurtis Wurster, BHGRE HAVEN PROPERTIES 805-592-2050 SOURCE: CRMLS

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