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
Current real estate data for Single Family in San Luis Obispo as of Jun 26, 2025
115
Single Family Listed
72
Avg DOM
773
Avg $ / SqFt
$1,904,815
Avg List Price
Property Details
Price:
$995,000
MLS #:
SC25079656
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Apr 14, 2025
Finished Sq Ft:
1,480
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1910
Schools
School District:
San Luis Coastal Unified
Interior
Appliances
Gas Range, Refrigerator
Cooling
None
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Wall Furnace
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Fencing
Wood
Foundation Details
Raised, Slab
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Mountain(s), Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Contact Us
Mortgage Calculator
Community
- Address1220 Mill Street San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
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Property Summary
- Located in the San Luis Obispo(380) subdivision, 1220 Mill Street San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $995,000 and features 3 beds, 2 baths, and has approximately 1,480 square feet of living space, and was originally constructed in 1910. The current price per square foot is $672. The average price per square foot for Single Family listings in San Luis Obispo is $773. The average listing price for Single Family in San Luis Obispo is $1,904,815.
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Similar Listings Nearby
Courtesy of Richardson Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1220 Mill Street
San Luis Obispo, CA
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