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$3,195,000

For Sale

3 months ago

MLS® V1-33328

0 Bed

0 Bath

--

16 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 106
Approx. Age 1977
MLS® Number V1-33328

Property Address: 3380 Bullock Ln, San Luis Obispo, CA, 93401-7112

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

Description

3380 Bullock Lane presents a rare opportunity to acquire a turn-key, pride of ownership multifamily asset in one of San Luis Obispo's most sought-after rental markets. The 8-unit property has been meticulously maintained and thoughtfullyupgraded, featuring modern interiors with luxury vinyl plank flooring, updated kitchens with stainless-steel appliances, and spacious open-concept living areas with private patios. The building demonstrates strong in-place rents and steady operational performance, offering both secure income and upside potential through continued rent growth in a supply-constrained submarket. Residents enjoy convenient access to Downtown SLO, Cal Poly University, and major employers, with abundant on-site parking and on-site laundry facilities. With a current CAP rate of 4.8% and a market CAP rate approaching 5.2%, this property provides an attractive blend of yield, stability, and long-term appreciation. 3380 Bullock Lane is the ideal acquisition for an investor seeking a well-positioned, low-maintenance asset in a thriving Central Coast market--perfect for 1031 exchange buyers or those looking to expand their portfolio with a high-quality multifamily property in San Luis Obispo. Laundry is on-site coin-operated laundry facilites.
MLS® NumberV1-33328
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelSee Remarks
Exposure
Exterior
GarageNo
Approx. Age1977
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 11, 2025List Date
$3,195,000List Price
  • Commute

Commute

Starting Address
Destination Address
3380 Bullock Ln, San Luis Obispo, CA

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