Pending

1719 1721 Chorro

San Luis Obispo, CA 93401

$1,395,000 $5,881/Mo

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Overview

Bed

Bath

1,930

Sqft

4,750

Sqft(Lot)

Description

Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is an updated 2-bedroom, 2-bath single family home built circa 1910, offering 1,066 square feet of living space. Beyond the front door, an entry foyer leads past a front bedroom to the living room, dining room and galley style kitchen. A nicely sized primary suite is accessed off the living room with a walk-in closet, plus large en-suite bath featuring dual sink vanities and stand up shower. The well-adorned kitchen offers white cabinetry, granite tile counters and pantry space. A second full bathroom and dedicated laun dry room with built in desk and storage are at the rear of the house with a door leading to the backyard. House features include tiled flooring throughout, dual pane windows, and neutral paint colors. The home is currently leased for $2,850/month. Situated at the rear of the property is two-story duplex built in 1949, totaling approximately ±864 square feet. Each unit is a 1-Bed, 1-Bath providing efficient and flexible living space and each with their own laundry hookups. These units are currently leased for $1,545/month and $1,570/month + a combined $350/mo utility reimbursement. There are (2) electric meters, (2) gas meters and (2) water meters. With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.

Property Details

Property Type : Residential Income

Price : $1,395,000

AD Id : 84716125

MLS Id : SC26102619

Lot Size : 4,750 Sqft

Living Area Size : 1,930

Year Built : 1910

County : San Luis Obispo

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: All Bedrooms Down,Galley Kitchen,Main Level Primary Property Appliances: Dishwasher,Disposal,Gas Oven,Microwave,Refrigerator Fireplace: None Flooring: Tile
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1910 Building Area Total: 1,930
Foundation

Raised,Slab
Pool Features

None

Laundry Features

Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.109
Lot Size Source: Assessor Lot Size Square Feet: 4750

Listing Price Information

Original List Price: 1,395,000 Listing Contract Date: 2026-05-11
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 003636006

Garage and Parking

Garage Description: Driveway

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: SLO - San Luis Obispo Directions: Broad to Chorro Source Property Type: Residential Income Area: SLO - San Luis Obispo Property SubType: Triplex
Building and Construction

Property Age: 116 Common Walls: No Common Walls Structure Type: Triplex Year Built Source: Public Records Entry Level: 1 Entry Location: Front Door Levels or Stories: One,Two Building Total Stories: 1

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ByOwner last updated this listing 06/17/2026 @ 00:11

MLS: SC26102619 LISTED BY: Graham Updegrove, California Coastal Real Estate 805-459-1865 SOURCE: CRMLS