Investment - Homes for Sale in San Luis Obispo, CA

Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor

Owen Schwaegerle The Schwaegerle Team

It’s hard to get much closer to Cal Poly than this. Located directly adjacent to campus, this approximately 3,200 square foot custom home offers an incredible combination of space, flexibility, parking, and location in the heart of San Luis Obispo. Owned by the original owners since it was built, the home features soaring ceilings, an abundance of natural light, hardwood floors, a fireplace, and

Kim Phillips Central Coast Sotheby's International Realty

Presenting 145 South Street #A15, a home ideally located very near downtown San Luis Obispo. This charming 2-bed, 1-bath home can be used as an investment (after one year) or owner occupied, and offers 425 sqft of living space, all set in one of SLO’s most walkable and sought-after areas. Inside you’ll find a welcoming layout filled with natural light, and granite counters. Adding more

Peri Kost SLO Life Realty Group

Welcome to 1224 Manzanita Way, located in the highly desirable Islay Pointe Villas community in San Luis Obispo. Conveniently situated near downtown SLO, shopping, dining, hiking trails, parks, and everything the Central Coast lifestyle has to offer, this well-maintained townhome combines comfort, convenience, and low-maintenance living. The functional floor plan features two spacious upstairs

Jeff Gonzales eXp Realty of California, Inc.

Perched in the sought after Villa Fontana community, this San Luis Obispo residence offers a rare blend of tranquility, views, and convenience. The private rear deck opens up to sweeping hillside vistas an ideal setting for morning coffee or unwinding at sunset as the Central Coast shows off its natural beauty. Inside, the home features a comfortable and functional layout designed for easy

Jordan Jackson Keller Williams Central Coast

ALL AGES PARK!!! This beautifully maintained 2017 home offers 840 sq ft of thoughtfully designed living space on a 2,000 sq ft lot. The owners have lovingly upgraded the kitchen with a full-size sink and new appliance making this home move-in ready. A full-size air conditioner keeps you cool during those warm summer days. Enjoy two private parking spots plus guest parking in a quiet, welcoming

Nick Fernandez Novel Real estate

Located just minutes from Cal Poly and downtown San Luis Obispo, 135 Ferrini Rd presents a rare opportunity to acquire a 5 unit fully leased, purpose-built student housing investment completed in 2018. The property is currently generating $24,775 in monthly gross income ($297,300 annually) and offers modern construction, efficient floor plans, and strong in-place cash flow. Ideally situated in

Andrew Richardson Central Coast Sotheby's International Realty

Completely remodeled while preserving its timeless 1950's charm, this exceptional property is ideally situated in the heart of San Luis Obispo, offering privacy, abundant natural light, sweeping views of the surrounding mountains and a fully remodeled and permitted 2 story ADU.The beautifully updated, single level main residence features three generous sized bedrooms and three bathrooms,

Sacha Steel The Avenue Central Coast Realty, Inc.

Step into elevated Central Coast living in this stunning 2024-built condominium in the highly sought-after San Luis Ranch community. This bright, move-in-ready second-floor residence offers 2 bedrooms, 2 bathrooms, and an open-concept layout designed for both relaxed everyday living and effortless entertaining. Floor-to-ceiling natural light floods the spacious living, dining, and kitchen areas,

Logan Porter The Agents Central Coast

Turn key investment opportunity with current lease through 5/31/2027. Thoughtfully positioned in one of the neighborhood's more desirable locations, this home enjoys greater separation from surrounding properties, creating an enhanced sense of privacy, openness, and natural light. Inside, you'll find a functional floor plan designed for comfortable everyday living with inviting spaces for

Troy Gray Kestly Realty Group Inc.

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 tenant occupied residences with strong income potential currently producing

Lindsey Harn Christie's International Real Estate Sereno

Ideally located in the highly sought-after Cedar Creek community, 45 Stenner Street #K offers the perfect blend of convenience and investment potential just moments from California Polytechnic State University. This spacious upper-level end-unit condominium features two generously sized bedrooms and two full bathrooms. The bright and open floor plan is enhanced by abundant natural light. Both

Graeme Baldwin Equity Union

Welcome to 2221 King Court #40, a darling two-bedroom, one-and-a-half-bath end-unit condominium in one of San Luis Obispo’s most loved locations. Filled with amazing natural light, this turnkey home offers an inviting and cheerful feel from the moment you walk in. Thoughtfully updated bathrooms, a functional floor plan, and pride of ownership throughout make this a truly move-in-ready

Kelly McBride Wood Stable Properties

Welcome to The Ridge at Monterey Heights - A luxury two home development nestled in the hills above Monterey Heights, San Luis Obispo. 2326 Santa Ynez (Lot 1) is a contemporary new construction home (built in 2020) with attached Accessory Dwelling Unit (ADU 2nd Unit). The home is perched on the hill dramatically overlooking the picturesque mountains and scenery beyond. Centrally located near Cal

Farid Shahid Eighty20 Group

Located in one of San Luis Obispo’s most desirable neighborhoods just minutes from California Polytechnic State University, downtown SLO, famous nearby mountains and top-rated schools, this exceptional property offers charm, versatility, and income-producing opportunity for owner-occupants, investors, or those seeking multi-generational living. Situated on an expansive 6,190± square foot parcel,

Jenna Lee Triad Real Estate Group

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

Kurtis Wurster BHGRE HAVEN PROPERTIES