USACASan Luis ObispoNot Applicable3380 Bullock Ln
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$3,195,000

For Sale

5 months ago

3380 Bullock Ln, San Luis Obispo, CA

House

MLS® V1-33328

0 Bed

0 Bath

--

16 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 163
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1977
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

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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