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523 Branch Street

San Luis Obispo, CA 93401
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Bed 5

Bed

Bath 3

Bath

SqFt2,816

Sqft

SqFt8,980

Sqft(Lot)

Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980± square foot street-to-street lot, the property offers three tenant occupied residences with strong income potential currently producing $7,600/month ($91,200/year) in total rental income. The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry. Tucked behind the main home are two additional uni ts, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you'll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units. With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.

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Detail Ic Property Details

Property Type : Residential

Price : $1,395,000

AD Id : 86507672

MLS Id : SC26080122

Beds : 5

Lot Size : 8,980 Sqft

Living Area Size : 2,816

Year Built : 1910

County : San Luis Obispo

Subdivision: Fallbrook

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Heating & Cooling

    Has Heating: Yes Heating: Central, WallFurnace Cooling: None

  • Building Information

    Year Built: 1910
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 8980 Lot Size Acres: 0.2062 Lot Size Source: Assessor Lot Size Square Feet: 8,980 Lot Description: StreetLevel

    Property Information

    Subdivision: San Luis Obispo(380) Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 116

  • Listing Price Information

    Listing Price: $1395000
    Original Price: $1475000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 003749003

  • Location Information

    Direction: Take Broad Street to Branch Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
O'connor Way, San Luis Obispo, CA, 93401 $3,450,000 2 2 2,400 2,400 SqFt
5475 Mira Estrella Court, San Luis Obispo, CA, 93401 $3,825,000 4 4 4,404 4,404 SqFt
2350 Camino Edna, San Luis Obispo, CA, 93401 $3,610,000 4 4 4,336 4,336 SqFt
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 $2,839,000 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

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ByOwner last updated this listing 08/13/2026 @ 06:15

MLS: SC26080122 LISTED BY: Lindsey Harn, Christie's International Real Estate Sereno 805-476-0104 SOURCE: CRMLS

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