San Luis Obispo County CA Multifamily Homes & Duplexes for Sale

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixed-use property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercial core, the site offers excellent visibility and easy access to areas along the Central Coast.The

Chelsea King Invest SLO

Welcome to 5401 Capistrano Ave, a unique property in the heart of Atascadero, CA. This 4-unit residence offers an exceptional investment opportunity or an ideal living situation for those looking to establish their home in a vibrant community.Sprawling across 2,724 square feet on an expansive 18,000 sq ft lot stands this impressive building. The main structure houses a triplex with the

Levi Seligman Acquire Mortgage & Real Estate

Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. There are over 11

Wendy Streshenkoff RE/MAX Parkside Real Estate

Private, boutique coastal horse property on 10 acres located a bicycle ride from the beach in Morro Bay. 3 Permitted homes (2+BR main, 4BR modular and 2BR modular), 2 wells (one residential, one ag) large shop, brand new custom FCP 15 stall horse barn with 16x24 stalls with custom fit interlock mats, wash racks and tackroom, 170x220 Premiere Equestrian irrigated arena with OTTO mats, 10

Ashley Self George Vartabedian, RE Broker

8-unit multi-family property 1⁄2 block from beach & 3 blocks south of Pismo Pier. Property spans Ocean View Ave to Park St. Mix of (2) 2Bed, (5) 1Bed, (1) studio units.Layout: 2-story duplex built above (3) garages, laundry room, & storage space; single story 4plex; & 2 detached cottages - all around a private courtyard. Renovated 2007.Amenities: Communal patio w/

Steve Battaglia Battaglia Commercial Real Esta

Fantastic opportunity to own a single level duplex close to Downtown Paso Robles. This 1950’s mid-century charmer offers multiple possibilities...Live in one unit and rent out the other, rent both units, live with family but have your own space. Whatever catches your fancy, this duplex offers flexibility. On the outside, classic elements include a sloping roof, over-hanging eaves and pops of

Sylvia Hurtado Realty One Group West

Great investment opportunity with steady income in the charming town of Templeton close to schools, parks and wine tasting! This charming Triplex boasts Two units with 2 bedrooms, 2 bathrooms each, and One unit with 1 bedroom + loft and 1 + 3/4 bathrooms. All three have their own private garage and laundry hook ups - located on a quiet culdesac. The 1 middle unit is currently vacant - looking

Gwen Severson GUIDE Real Estate

Excellent development opportunity in fantastic Grover Beach corner location loaded with potential! Currently 2 existing units & garage close to the beach & shopping! Unit A is 4 bedrooms, 3 baths, updated kitchen & large laundry room, small yard & storage sheds in back. Unit B is a 1 bedroom, 1 bath approx. 340 sq ft super cute studio. Garage is separately rented. Solar energy system is leased

Era Polly Era Polly Real Estate

Licensed Vacation Rental – Oceanfront Duplex on Studio Drive, Cayucos. Exceptional opportunity to own a fully licensed vacation rental on highly desirable Studio Drive in Cayucos. This oceanfront duplex offers direct beach access and versatile living options with two separate units—perfect to live in one and rent the other, or use both as income-producing vacation rentals. Unit A (ocean side)

Dale Kaiser Dale Kaiser Real Estate

Enjoy spectacular whitewater ocean and rock views from both the main home and detached secondary unit of this property. Main house is two bedrooms and two bathrooms. The upstairs includes the kitchen, living room, and dining area, featuring decks and open beam ceilings. Two bedrooms and both bathrooms are located on the lower level, which also includes a large utility room.The charming

Jeff Elmerick Horizon Realty & Property Mgt

Duplex Located just blocks from the shoreline. Each unit consists of 2 bedroom one bath. Excellent condition 1,780 sq ft of total living space across 4 bedrooms, 2 full baths, and a 2-car garage, all on a 7,000 sq ft lot. Each unit has its own 1 car garage!Built in 1980, the single-level structure ideal for flexible living or income generation. This great duplex is situated in a

Mike Oliver BHGRE Haven Properties

Duplex Located just blocks from the shoreline. Each unit consists of 2 bedroom one bath. Excellent condition 1,780 sq ft of total living space across 4 bedrooms, 2 full baths, and a 2-car garage, all on a 7,000 sq ft lot. Each unit has its own 1 car garage! Built in 1980, the single-level structure ideal for flexible living or income generation. This great duplex is situated in a rental-friendly

Mike Oliver BHGRE Haven Properties

Very hard to find multi-unit property located in the Shell Beach area of desirable Pismo Beach. This triplex building consists of three spacious 2bd units (3428sq') with covered off street parking. Beach access, local shops, community parks, and restaurants are all conveniently located a short distance away. Looking for a unit to call your own while still generating income? Have a 1031 Exchange

Kevin Zepeda Res Com Services

One of two triplex units being offered for sale in the Shell Beach area of Pismo Beach. 2944sq' in total consisting of two 2bd and one 1bd units. Covered off street parking and conveniently located on a quiet residential street just up from the oceanfront. Morning coffee, scenic public trails, and your choice of restaurants are all nearby. Income properties like these don't come available all

Kevin Zepeda Res Com Services

Investment Opportunity in Prime Grover Beach Location - Duplex on R2 Lot - Walk score of 80! This well-maintained property features two 2-bedroom, 1-bath units, each with its own garage and separate utility meters. Both units are currently tenant-occupied and rented. Whether you're looking to hold and collect stable rent or unlock the property's long-term value, this is a versatile asset with

Melissa Tierney SB Wealth, Inc.

Coastal Boutique Hotel in Cayucos, CA – 9 Ocean-Inspired Luxury SuitesRarely does a property of this caliber become available on California’s Central Coast.Located in the highly desirable seaside town of Cayucos, this turn-key 9-suite boutique hotel presents a unique investment opportunity in one of the most picturesque coastal communities in the state.Each of the nine spacious guest

Ian Starkie Rock Star Properties

Grover Beach Duplex Don’t miss this fantastic investment opportunity just blocks from the sand in Grover Beach! This duplex features two spacious units, each offering 2 bedrooms, 1 bathroom, and a single-car garage – perfect for tenants or extended family living. Rent one & live in the other! Zoned R2, per the City of Grover Beach.The downstairs unit has been recently updated with new

Danielle Nunes LPT Realty, Inc.

Fully renovated historic triplex located in the heart of Atascadero, offering strong rental income potential and modern upgrades throughout. This turnkey property has been remodeled from the foundation up, featuring a re-engineered and reinforced foundation, new roof, updated siding, fresh interior and exterior paint, new dual-pane windows, wood laminate flooring, and new appliances. The property

Susie Brans Richardson Sotheby's International Realty

Unlockable ocean views from this recently remodeled home which is located west of highway and just a short walk to downtown Cayucos and the beach and pier. Downstairs you will find a bedroom, bathroom, living room and small kitchen. Upstairs has a bright open floorplan with a wood burning fireplace for those chilly evenings. Step out on to a large deck for amazing views and imagine yourself

Nadine Lilley Highway One Real Estate

Welcome to Landing Passage - A turn-key mixed use (residential + commercial) building located just four doors from the pristine shores of Downtown Avila Beach. This exceptional property offers a rare opportunity to own a fully licensed short term vacation rental and income-generating asset in one of the most prime coastal locations in California. The offering includes two turnkey residential

Walker Sotello Eighty20 Group

This home offers several options. Currently two one bedroom units with an additional art studio/bonus unit and separate laundry room with third bathroom. Has recently been updated inside and out with new flooring, paint, windows and ceiling fans. Downstairs features new granite kitchen counters and gas stove with a quiet landscaped yard for outdoor enjoyment. Upstairs is open and bright

Nadine Lilley Highway One Real Estate

Great investment opportunity in the heights of Morro Bay! This Spanish-style five-unit apartment complex offers incredible potential, featuring one 2-bedroom unit, one studio, and three 1-bedroom apartments. Original hardwood flooring runs through all living rooms, and apartments 1 and 2 offer views of Morro Rock. The front lot, which includes the building, is 13,733 sq. ft., while the rear lot

Natalie Boudreau White BHGRE HAVEN PROPERTIES

Offering Mission Cottages - A 100% occupied 12-unit multifamily complex with opportunity for stabilized rent growth. Average Rents for one-bedroom units are $1,866.36/month. Desirable mix of 11 one-bedroom one-bath units and 1 two-bedroom one-bath single-family residence home. Current cap rate above 5% and with some value add, investors can stabilize above a 6% cap rate. All units are fully

Abel Contreras Invest SLO

Don’t miss this fantastic opportunity to own a well-maintained Westside duplex in Paso Robles. Both units are currently leased. The duplex offers a total of approximately 1,129 +/- square feet, with both units featuring identical layouts in a mirrored configuration. Each unit includes 1 bedroom with a walk-in closet, 1 full bathroom, a spacious living area, kitchen, and an eat-in dining space.

Mark Hazell Home & Ranch Sotheby's Intl

Charming triplex located in the heart of downtown Paso Robles! This well-maintained property features a cozy, clean main home, along with two separate 2- bedroom apartments that are attached but not connected to the house. The main home faces Pine Street, while the two apartments face the rear alley, offering private entrances and parking. All units are in excellent condition, with numerous

Jordan Traub RE/MAX Success

Shell Beach Portfolio!Discover a rare chance to acquire four apartment complexes totaling 26 units in the highly sought-after Shell Beach neighborhood of Pismo Beach. Perfect for investors or those craving a coastal lifestyle, this property shines with opportunity. Ideally located just steps from the Pacific Ocean and Spyglass Park, this portfolio offers unmatched access to the Central

Shawna Weyrich RE/MAX Parkside Real Estate

Shell Beach Coastal Retreat! Premier 4-unit apartment complex in the desirable Shell Beach area of Pismo Beach. Perfectly situated just steps from the Pacific Ocean and Spyglass Park, this property offers unparalleled access to the Central Coast’s finest amenities—pristine beaches, surfing, hiking and biking trails, boutique shopping, acclaimed restaurants, and renowned wineries. Each of the

Shawna Weyrich RE/MAX Parkside Real Estate

Premier Shell Beach Complex! Own a remarkable 12-Unit Apartment Complex in the desirable Shell Beach area of Pismo Beach. Perfectly situated just steps from the Pacific Ocean and Spyglass Park, this property offers unparalleled access to the Central Coast’s finest amenities—pristine beaches, surfing, hiking and biking trails, boutique shopping, acclaimed restaurants, and renowned wineries. Each

Shawna Weyrich RE/MAX Parkside Real Estate

Shell Beach Coastal Gem! Extraordinary 5-unit apartment complex in desirable Shell Beach. This property offers a prime investment opportunity or coastal retreat, blending income potential with Central Coast charm. Each of the five spacious units features 2 bedrooms and 2 bathrooms, complete with a well-appointed kitchen, comfortable living room, and private patios or balconies, some with

Shawna Weyrich RE/MAX Parkside Real Estate

Rare Shell Beach Investment Opportunity!Exceptional 5-unit apartment complex in the heart of Shell Beach area of Pismo Beach, steps from the Pacific Ocean and Spyglass Park. Each of the five spacious units features 2 bedrooms and 2 bathrooms, complete with a well-appointed kitchen, comfortable living room, and private patios and/or balconies, all with breathtaking ocean views. Select units

Shawna Weyrich RE/MAX Parkside Real Estate

Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In

Anthony Aurignac Venture Real Estate

Located in the heart of Paso Robles, these two homes are a highly profitable licensed vacation rental property with a transferrable license! Last year this property generated significant income – call for report. This historic home has been extensively remodeled and is very close to downtown Paso Robles with its restaurants, wineries and boutiques. The property is on the same street that runs

Wayne Lewis RE/MAX Success

Large R-2 Residential Multifamily lot- 180 x 107 / 19,440 sq.ft. with approved plans for a 4-unit Apartment Complex/Condo project "READY TO BUILD!"- Comes with an existing 575 sf Commercial Office building that is currently rented out for $ 1,500.00 per month. Buyer to pay final SLO County Permit Fee's!

Leon Van Beurden Bay Osos Brokers

Welcome to this amazing location in Pismo Beach for a 7-unit apartment building 1/2 block to the boardwalk in Downtown Pismo Beach. One 3 bedroom/2 bath unit, five 2 bedroom/1 bath units and one 1 bedroom. Two of the 2 bedroom/1 bath units have been renovated in 2024. Covered on site private parking with gated entry. On site laundry room, currently coin operated.

Aaron Graves EverlyGrove

Marketing Remarks: great location just a little over a block from the ocean! this could be the coolest property in downtown Pismo. one car garage on the street to store your toys, with 5 residential units. the unit mix is a 1 bed, 3 small studios, and one larger 2nd story studio with a balcony facing the ocean, perfect for an owner user. there is also a large private community patio to chillax

Robert Lee California Property Services

In the heart of Morro Bay, this exceptional legacy mixed-use property spans three legal APNs/Lots and offers a rare investment opportunity. The property includes a 975-square-foot single-family home at 753 Piney Way, a commercial retail building, and a 1,676-square-foot restaurant. The retail building, located at the corner of Morro Bay Blvd and Piney Way, houses three commercial units: 775 Piney

Chris Bath Coast Realty