USACASan Luis ObispoSan Luis Obispo(380)& 458 Islay Street
462 Islay Street | Image 1
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& 458 Islay Street, San Luis Obispo, CA

Real Estate

Pending

Listed price in listed location currency (USD).
$1,425,000

000

MLS® SC26090280

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes 
Lot Size 0.1722 acres
Approx. Age 1900
MLS® Number SC26090280

Property Address: & 458 Islay Street, San Luis Obispo, CA, 93401

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units on a spacious 7, 500 square foot parcel. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is a character rich 2-bedroom + office (or 3-bedroom), 1.25-bath single family home built circa 1900, offering ±928 square feet of living space. The home offers a fenced front yard, charming porch, hardwood floors, and large bedrooms with 10’ ceilings. Additional highlights include a walk-in pantry, indoor laundry and storage shed. The home is currently leased for $3, 010/month. Situated at the rear of the property is two-story duplex built in 1990, totaling approximately ±898 square feet. Each unit is a thoughtfully designed studio with a loft, providing efficient and flexible living space. Both studios have vaulted ceilings, under stair storage, a nicely sized kitchen, private patio/yard space and shared laundry. These studios are currently leased for $1, 800/month and $1, 850/month. There are (4) on site parking stall, (4) electric meters, (3) gas meters and (2) water meters, with potential for subdivision to separate the single family home and duplex onto their own parcels (verify with City planning). With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.
MLS® NumberSC26090280
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.1722
Exterior
GarageNo
Approx. Age1900
Basement
DrivewayAssigned, Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Appliances not owned by Tenants

Price History

-End Date
-Sold Price

Pending

Apr 27, 2026List Date
$1,425,000List Price
-End Date
-Sold Price

Pending

Apr 27, 2026List Date
$1,425,000List Price
  • Commute

Commute

Starting Address
Destination Address
& 458 Islay Street, San Luis Obispo, CA

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