Home | San Luis Obispo County | San Luis Obispo | 93401 | 3281 Rockview Pl
MLS: CRSC26049294 | Status: Active | Price: $1,295,000
Beds/Baths: 3 / 2
Property Type: Residential
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 3 | 2 | 1,640 | 0.96 | 1944 |
Two leased units generating ~ $97,200 annually plus approved plans per seller for a future 4-bedroom, 2-bath residence capable of producing an estimated ~$65,000+ in additional annual income. 3281 Rockview presents a strong income-producing property in one of San Luis Obispo’s convenient hillside locations. The property includes a 5-bedroom, 3-bath main residence and a separate 2-bedroom, 1-bath unit, creating a flexible configuration for investors or owner-users seeking rental income with long-term upside. Both units are currently leased, producing approximately ~$97,200 in gross annual rent. Approved plans per seller exist for a future 4-bedroom, 2-bath residence on the property, offering the potential to significantly increase income or expand living space. Buyers should verify permit status, square footage, and development potential with the City of San Luis Obispo. The property also includes two RV parking spaces on the upper portion of the lot, and utilities have been extended on the property per seller. Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas. Both 3281 and 3291 Rockview are offered for sale, creating
| Field | Value |
|---|---|
| MLS # | CRSC26049294 |
| MLS Source | California Regional MLS |
| Days on Site | 22 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Fireplace | None |
| Cooling | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Elementary District | San Luis Coastal Unified |
| High School District | San Luis Coastal Unified |
| HOA Fee | $0 |
Gabe Davis
Eighty20 Group
License #: 02149531
Phone: –
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Sinsheimer Elementary School | public | K-6 | 0.74 mi | 7 |
| Hawthorne Elementary School | public | K-6 | 0.92 mi | 6 |
| Peep - De'Groot - Prepare School | public | KG,1,2,3,4,5,6,7,8,9,10,11,12,AE | 1.53 mi | N/A |
| San Luis Coastal Usd Adult | public | UG | 1.53 mi | N/A |
| San Luis Obispo High School | public | 9-12 | 1.72 mi | 10 |
| Pacific Beach High School | public | 10-12 | 2.07 mi | 1 |
| Smith (C. L.) Elementary School | public | K-6 | 2.14 mi | 7 |
| Teach Elementary School | public | 4-6 | 2.52 mi | 9 |
| Laguna Middle School | public | 7-8 | 2.58 mi | 9 |
| Pacheco Elementary School | public | K-6 | 2.91 mi | 7 |
| Los Ranchos Elementary School | public | K-6 | 3.22 mi | 6 |
| Bishop's Peak Elementary School | public | K-6 | 3.28 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 333 Sage | $1,250,000 | 3 | 2/1 | 1,824 | Active |
| 3016 Arezzo Dr | $1,175,000 | 3 | 2/1 | 1,567 | Active |
| 373 Sage St | $1,360,000 | 3 | 2/1 | 2,076 | Active |
| 3930 Hollyhock Way | $1,360,000 | 3 | 3 | 1,981 | Active |
| 3003 Arezzo Dr | $1,400,000 | 3 | 2/1 | 1,741 | Active |
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This listing information is up-to-date as of March 31, 2026. For the most current information, please contact Gabe Davis.