35 Blarney Ln San Luis Obispo, CA 93405
Estimated payment $16,931/month
Highlights
- Mountain View
- No HOA
- Laundry Room
- Bishop's Peak Elementary School Rated A
- Living Room
- Wood Fence
About This Home
This exceptional multi-unit property delivers strong cash flow from day one with 7 long-term rentals plus additional rentable spaces. Most units feature private fenced yards for enhanced tenant appeal and privacy.
Set in a peaceful country location yet just minutes from town, it boasts beautiful views of Bishop Peak and Madonna Mountain—ideal for enjoying Central Coast living.
Highlights include a rented barn for extra income and a versatile shop ready for use or future rental. With room to add units (subject to county approval, buyer to verify), this is a turnkey cash-flow opportunity with excellent growth potential in one of California's most sought-after areas.
Perfect for investors seeking proven performance, privacy, stunning scenery, and prime location. A rare find—don't miss out!
Listing Agent
Kestly Realty Group Inc. Brokerage Phone: 425-293-6730 License #02200783 Listed on: 04/03/2026
Co-Listing Agent
Kestly Realty Group Inc. Brokerage Phone: 425-293-6730 License #02121919
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 4.78 Acre Lot
- Lot Dimensions are 200x1028
- No Common Walls
- Wood Fence
- Density is 11-15 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Asphalt Roof
Interior Spaces
- 5,398 Sq Ft Home
- 1-Story Property
- Living Room
- Mountain Views
Kitchen
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 14 Main Level Bedrooms
- 7 Full Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- Parking Available
- Paved Parking
Schools
- Bishop's Peak Elementary School
- Laguna Middle School
- San Luis Obispo High School
Utilities
- Natural Gas Connected
- Well
- Water Heater
- Septic Type Unknown
Community Details
- No Home Owners Association
- 12 Units
- San Luis Obispo Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 067081006
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,480 | $1,428,746 | $1,115,128 | $313,618 |
| 2024 | $15,200 | $1,400,732 | $1,093,263 | $307,469 |
| 2023 | $15,200 | $1,373,268 | $1,071,827 | $301,441 |
| 2022 | $14,248 | $1,346,342 | $1,050,811 | $295,531 |
| 2021 | $14,021 | $1,319,944 | $1,030,207 | $289,737 |
| 2020 | $13,877 | $1,306,411 | $1,019,644 | $286,767 |
| 2019 | $13,733 | $1,280,796 | $999,651 | $281,145 |
| 2018 | $13,464 | $1,255,683 | $980,050 | $275,633 |
| 2017 | $13,200 | $1,231,063 | $960,834 | $270,229 |
| 2016 | $12,331 | $1,150,000 | $900,000 | $250,000 |
| 2015 | $9,648 | $900,000 | $725,000 | $175,000 |
| 2014 | $8,032 | $800,000 | $625,000 | $175,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $2,950,000 | -- | $546 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC26072122
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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Ask me questions while you tour the home.