




523 Branch Street, San Luis Obispo, CA 93401
Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980± square foot street-to-street lot, the property offers three separate residences with strong income potential and flexible living options. The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry. Tucked behind the main home are two additional units, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you'll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units. With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.
Bedrooms
5
Bathrooms
3
Square Feet
2,816
Lot Size
8,980 sqft
Year Built
1910
Property Type
Single Family Residence
Days on Market
1
HOA Fee
N/A
Garage Total
0
MLS #
SC26080122
Laundry
See Remarks
Main Level Bedrooms
3
Main Level Bathrooms
1
Heating
Central, Wall Furnace
Total Parking Spaces
4
Open Parking Spaces
4
Parking Features
Paved, One Space, Uncovered
Lot Features
Street Level
Sewer
Public Sewer
Water Source
Public
Biking, Hiking, Park, Sidewalks
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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