1229 Mill St

San Luis Obispo, CA 93401
  • $1,798,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,278

    SqFt

About the Listing SL444 - SL01042135

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!

Listing Highlights for 1229 Mill St

Status Active
Days on Site 4
Property Type Residential
MLS ® SC25196391
Year Built 1942
Total Square Footage 2,278
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full / 1 Quarter
  • Appliances: Dishwasher, Gas Range, Tankless Water Heater
  • Air Cond: Central Air,See Remarks
  • Heating: Central,Forced Air
  • Fireplaces: See Remarks
  • Floor: Carpet,See Remarks,Tile,Vinyl,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),Tile Counters,Unfurnished
  • Water: Public

Exterior Details

  • Lot Description: Lot 6500-9999,Rectangular Lot,Level,No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 3
  • Zoning: R2
  • Roof: Shingle
  • Others: Guest House Detached,Two On A Lot,2+ Total Units,Has ADU
  • Sewer: Public Sewer
  • Parking Features: Driveway,Garage,Garage - Single Door,Off Street,Public

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 001221005
  • Tax Year: N/A

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1229 Mill St San Luis Obispo, CA 93401

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Originating MLS: CA_CRISNET

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