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Listed price in listed location currency (USD).
$1,295,000

320

MLS® SC26049294

Open House
Wed Mar 11, 5:30-7:30 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1640 sqft
Garage No
Taxes 
Days Active 4
Lot Size 0.96 acres
Approx. Age 1944
Avg. Price Per Sqft $789
MLS® Number SC26049294

Property Address: 3281 Rockview Place, San Luis Obispo, CA, 93401

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

Description

Two leased units generating ~ $97, 200 annually plus approved plans per seller for a future 4-bedroom, 2-bath residence capable of producing an estimated ~$65, 000+ in additional annual income. 3281 Rockview presents a strong income-producing property in one of San Luis Obispo’s convenient hillside locations. The property includes a 5-bedroom, 3-bath main residence and a separate 2-bedroom, 1-bath unit, creating a flexible configuration for investors or owner-users seeking rental income with long-term upside. Both units are currently leased, producing approximately ~$97, 200 in gross annual rent. Approved plans per seller exist for a future 4-bedroom, 2-bath residence on the property, offering the potential to significantly increase income or expand living space. Buyers should verify permit status, square footage, and development potential with the City of San Luis Obispo. The property also includes two RV parking spaces on the upper portion of the lot, and utilities have been extended on the property per seller. Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas. Both 3281 and 3291 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy.
MLS® NumberSC26049294
Laundry LevelSee Remarks
Central VacNo
FireplaceNo
Acreage0.96
Exterior
GarageNo
Approx. Age1944
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$1,295,000List Price

Home Appraisal

This property is estimated to sell between: $1,041,000 and $1,422,000.
Similar properties in this area sold on average for: $1,041,000
Expected to sell in 79 days. Similar properties sold in 83 days. This home has been on eXp Realty for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
3281 Rockview Place, San Luis Obispo, CA

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