This property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. The charming 2-bedroom, 1-bath main house showcases classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a ¾ bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional units—buyers should check with the city regarding development options. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don''t miss out on this rare find!
Current real estate data for Single Family in San Luis Obispo as of Mar 10, 2025
82
Single Family Listed
72
Avg DOM
853
Avg $ / SqFt
$2,018,165
Avg List Price
Property Details
Price:
$1,099,000
MLS #:
SC25040274
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Listed Date:
Feb 21, 2025
Finished Sq Ft:
1,046
Lot Size:
7,405 sqft / 0.17 acres (approx)
Schools
Interior
Appliances
Electric Oven, Electric Range
Cooling
None
Fireplace Features
Living Room
Flooring
Carpet, Tile, Wood
Heating
Forced Air
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
2.00
Lot Features
Back Yard, Front Yard
Parking Features
Carport, Driveway, Garage
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Hills, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Contact Us
Mortgage Calculator
Community
- Address389 Pismo 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, 389 Pismo Street San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,099,000 and features 2 beds, 1 baths, and has approximately 1,046 square feet of living space.The current price per square foot is $1,051. The average price per square foot for Single Family listings in San Luis Obispo is $853. The average listing price for Single Family in San Luis Obispo is $2,018,165.
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Similar Listings Nearby
Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
More About Bunny
Courtesy of Keller Williams Realty Central Coast. 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. 389 Pismo Street
San Luis Obispo, CA
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