Property Details
About this Property
Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026. The back duplex, built in 1950, features two one-bedroom, one-bath units—each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency. Whether you’re looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don’t miss your chance to invest in one of San Luis Obispo’s most desirable locations!
MLS Listing Information
MLS #
CRSC25195363
MLS Source
California Regional MLS
Days on Site
18
Interior Features
Appliances
Dishwasher, Other, Oven Range - Gas, Dryer, Washer
Flooring
Other
Cooling
Central Forced Air, Other
Heating
Central Forced Air, Forced Air
Exterior Features
Roof
Shingle
Foundation
Raised, Slab, Other
Pool
None
Style
Other
Parking, School, and Other Information
Garage/Parking
Common Parking - Public, Garage, Off-Street Parking, Other, Garage: 1 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 405 | – | 0/0 | – |
| 2 | 1,464 | – | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1229 Mill St is a Triplex in San Luis Obispo, CA 93401. This – square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,798,000 and was built in 1942. This address can also be written as 1229 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 September 18, 2025. For the most current information, please contact Hayley Townley, (805) 546-9925
