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$ 1,649,000
Est. payment | /mo
5 Beds
7,134 Sqft Lot
$ 1,649,000
Est. payment | /mo
5 Beds
7,134 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID NS25263054
Bedrooms 5
Lot Size 7,134 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This rare downtown offering includes a 1925 Craftsman bungalow plus two separate one-bed/one-bath units, all located just two blocks from the heart of San Luis Obispo and next door to Mitchell Park. Positioned on the corner of Morro and Pismo Streets, this property blends historic character, income-producing flexibility, and exceptional walkability. The main house (1,582 sq ft) features a deep front porch, tall ceilings, and expansive original windows that fill the home with natural light. The generous living room includes a fireplace and classic Craftsman detailing. Two large front bedrooms share a Jack-and-Jill bath, while the formal dining room can serve as a third bedroom or flex space. A smaller fourth bedroom sits at the rear of the home alongside a laundry area and bath. With a newer roof and preserved period elements throughout, the home offers excellent potential for restoration and enhancement of a true century-old Craftsman. Behind the main residence are two well-designed one-bed/one-bath units, each approximately 792 sq ft and each including a kitchen, living area, bedroom, and full bath. The upper unit features a new deck with stairs leading to a private backyard space; the lower unit enjoys direct yard access as well. These units provide strong rental income or ideal guest accommodations. The location is unmatchedwalk to downtown restaurants, cafs, wine bars, boutique shops, Mission Plaza, the Thursday night Farmers Market, SLO Rep, Fremont Theater, the Museum of Art, and multiple hiking and biking trails. Mitchell Park, located directly next door, offers ope
Location
State CA
County San Luis Obispo
Zoning Public Rec
Direction From Marsh St take a right on Morro. Home is on the left
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 002442017
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://properties.aspectvisuals.co/1346morrostr
Listed by Ian Chandler Home & Ranch Sotheby's Intl