491 Branch Street San Luis Obispo, CA $ 1,549,000
491 Branch Street
$ 1,549,000
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491 Branch Street

San Luis Obispo, CA, 93401
$ 1,549,000
Baths1.0 Sq 2,744

Monthly Estimate*

$ 9,781

Listed by BHGRE HAVEN PROPERTIES
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Studio

Multi-Family Home for sale in San Luis Obispo, CA

for $1,549,000 with 1 full bath. This 2,744 square foot home was built in 1990 on a lot size of 0.2066.

Fully leased 4-unit investment ideally located in central San Luis Obispo on a 9,000 square foot lot with two buildings that total 2,744 square feet of living area. All four units are permitted. Current gross rents total $8,040/month ($96,480/year). 491 Branch St is 872 square feet, 2BD/1BA, standalone house with in-unit laundry and private patio at $2,550/month. 498 South St #C is 972 square feet, two-story, 2BD/1BA with in-unit laundry, facing the interior parking area, at $2,400/month. 498 South St #A is a 450 square foot open-loft studio facing South Street at $1,800/month. 498 South St #B is a 450 square foot open-loft studio facing South Street at $1,290/month. Five on-site parking spaces (shared use, single parcel) are accessed via Branch Street, with additional street parking available on both Branch and South streets. Central location near downtown SLO, with Hawthorne elementary school directly across the street. Information deemed reliable but not guaranteed.

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Multi-Family Active

Price

$ 1,549,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2066

Year Built

1990

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

SC26177285

Days on Market

1

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Gas Range Gas Water Heater Refrigerator
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Exclusions Tenant owned items
Year Built 1990
Tenant Pays Electricity Gas Sewer Water
View None
Stories Count 1
Levels One Two
Property Subtype Single Family Residence
Gross Income 96480
Community Features Curbs Street Lights
Accessibility None
County San Luis Obispo
Net Operating Income 67016
Operating Expense 29464
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Subdivision Name San Luis Obispo(380)
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions From Broad Street turn on Branch St. Park on Branch Street.
City San Luis Obispo
Entry Location ground floor
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 4
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 9000
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing Conventional
Trash Expense 2086
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://iframe.videodelivery.net/f9f9937c11b5c7788fef4adfad1ba07e
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 27
Total Actual Rent 8040
Property Sub Type Additional Single Family Residence
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Interior
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features See Remarks
Entry Level 1
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Exterior
Fencing Wood
Parking Features On Site On Street
Lot Features Lawn
Water Source Public
Total Parking 5
Lot Size Area 9000
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2744
Lot Size Acres 0.2066
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Bhgre Haven Properties

Broker

KurtisRW@gmail.com

Email

Affordability Calculator

$9,781
Per Month
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Monthly Principal & Interest
$9,781
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,549,000 Listed Price

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491 Branch Street, San Luis Obispo, CA, 93401 is a Multi-Family Home for sale at $1,549,000 with 2,744 sqft and a lot size of 0.2066. 491 Branch Street is a studio with 1.0 baths and was built in 1990. The property's zip code is 93401 which is in San Luis Obispo, CA