1229 Mill Street, San Luis Obispo, CA 93401 (MLS # SC25195363)

Save to Favorites
 Print
 Share
PRICE $1,798,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,278 sqft
LOT SIZE 7,502 sqft
Request More Info Schedule a Showing
Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026. The back duplex, built in 1950, features two one-bedroom, one-bath units"”each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency. Whether you're looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don't miss your chance to invest in one of San Luis Obispo's most desirable locations!

DAYS ON MARKET 11 LAST UPDATED 9/1/2025
TRACT San Luis Obispo(380) YEAR BUILT 1942
COMMUNITY SLO - San Luis Obispo GARAGE SPACES 1.0
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Gas Range, Tankless Water Heater, Washer, Washer/Dryer Stacked
AREA SLO - San Luis Obispo
CONSTRUCTION Stucco
FIREPLACE Yes
GARAGE Yes
HEAT Central, Forced Air
INTERIOR Ceiling Fan(s), Tile Counters
LOT 7501 sq ft
LOT DESCRIPTION Level, Rectangular Lot
PARKING Driveway, Garage, Off Street, On Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE SeeRemarks
SUBDIVISION San Luis Obispo(380)
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 1229 MILL STREET
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Anastasia Stamatii to contact you even if your name is on a Federal or State "Do not call List".
Listed with Comet Realty

Based on information from CRMLS as of 9/11/25 12:35 PM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This IDX solution is (c) Diverse Solutions 2025.