Charming Downtown Multi-Unit Property ~ Opportunity knocks in one of San Luis Obispo’s most coveted downtown locations! Nestled in the desirable Historic Mill Street District, this rare R2 zoned property features two detached units on a spacious lot offering flexibility & potential in a prime location. The front home is a charming 2 bedroom, 1 bath bungalow with approx 900 sqft of living space, while the rear unit is a cozy 1 bedroom, 1 bath around 580 sqft with its own private outdoor space. Additional features include a detached storage/workshop/garage, plenty of off-street parking, and endless potential for customization or income generation. Whether you’re an investor, a savvy buyer looking to live in one & rent the other or someone ready to restore a downtown gem, this is a true San Luis Obispo find. Bring your vision and make the most of this unique opportunity in the heart of SLO. Property is being sold AS-IS
MLS #
CRSC25079656
MLS Source
California Regional MLS
Days on Site
28
Bedrooms
Ground Floor Bedroom
Appliances
Other, Oven Range - Gas, Refrigerator, Dryer, Washer
Dining Room
In Kitchen, Other
Fireplace
None
Laundry
Other
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Raised, Slab
Pool
None
Style
Craftsman
Garage/Parking
Other, Garage: 0 Car(s)
Elementary District
San Luis Coastal Unified
High School District
San Luis Coastal Unified
HOA Fee
$0
Zoning
R2
1220 Mill St is a Single Family Residence in San Luis Obispo, CA 93401. This 1,480 square foot property sits on a 7,500 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $995,000 and was built in 1910.
This address can also be written as 1220 Mill St, San Luis Obispo, CA 93401.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 12, 2025. For the most current information, please contact Michelle Braunschweig, (805) 781-6040