Two fully remodeled units on a generous R2-zoned lot, walking distance from Cal Poly and downtown San Luis Obispo makes for a turnkey income opportunity. The main 3-bedroom home was rebuilt to the studs in 2024 with durable finishes throughout - quartz counters, LVP flooring, mini-splits in every room, a programmable direct-vent fireplace, and quality appliances. The outdoor space is equally low-lift with synthetic turf and paver patio. A matching 1-bedroom secondary unit, finished to the same standard, gives you two independent income streams on one lot - each with its own appeal to the SLO rental pool. The R2 zoning leaves room for additional upside if you want to explore it down the road.

Based on information submitted to CRMLS as of July 28, 2026 10:50 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Jacqueline Etchell

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