347 Branch Street, San Luis Obispo, CA

$1,450,000

Previous Next

5

Beds

4

Baths

2,612

Square feet

0.24

Acres

About 347 Branch Street

Unlock the potential of this well-located triplex near downtown San Luis Obispo offering an attractive combination of historic character, R-2 zoning and rental income. Whether you're looking to expand your investment portfolio or pursue a house-hack strategy, this three-unit property provides multiple opportunities for an owner-occupant or investor. The front residence is a charming Mission-style 3-bedroom, 1.5-bath home, built in 1929 and offering 1,460 square feet of living space. Enjoy the fenced front yard, mature landscaping and porch under a large redwood tree. Architectural character includes distinctive arched windows and doorways, while the spacious bedrooms, open kitchen, and indoor laundry add everyday functionality. At the rear of the property is a single-story duplex, built in 1942, with 1,152 square feet of combined living space. Each unit features 1 bedroom and 1 full bathroom, along with its own private yard and washer/dryer hookups. Each unit comes with access to a shed, plus an additional large shed currently reserved for the owners tools and landscaping equipment. Unit A and Unit B are available for immediate move in, providing flexibility for a buyer, while Unit C is leased for $2,000 per month. There are separate gas and electric meters for each unit, with two water meters; one for the front house and one for the duplex. Ideally situated near downtown San Luis Obispo, freeway access, shopping, dining, and commercial services, this triplex offers a compelling opportunity to own a multi-family property in one of the Central Coast's most desirable communit

Features of 347 Branch Street

MLS® # SC26196124
Price $1,450,000
Bedrooms 5
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 2,612
Acres 0.24
Year Built 1929
Type Residential
Sub-Type All Other Attached
Style Mediterranean/Spanish
Status Active

Community Information

Address 347 Branch Street
Area SAN LUIS OBISPO (93401)
City San Luis Obispo
County San Luis Obispo
State CA
Zip Code 93401

Amenities

Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Mountains/Hills,Neighborhood
Is Waterfront No
Has Pool No
Pool N/K

Interior

Appliances Dishwasher,Dryer,Microwave,Washer,Gas Oven
Heating Forced Air Unit,Wall/Gravity
Cooling N/K
Fireplace No
Fireplaces N/K
# of Stories 1
Stories 1 Story

Exterior

Lot Description Sidewalks
Roof Composition

Additional Information

Date Listed September 16th, 2026
Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCalifornia Coastal Real Estate

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?