USACASan Luis ObispoSan Luis Obispo(380)Apt-1-9-687 Islay St
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$3,900,000

For Sale

13 days ago

APT-1-9 - 687 Islay St, San Luis Obispo, CA

Condo

MLS® SC26013167

0 Bed

0 Bath

--

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes $3,306
Days Active 12
Approx. Age 1895
MLS® Number SC26013167

Property Address: apt-1-9-687 Islay St, San Luis Obispo, CA, 93401-4381

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

Description

Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, social room, and laundry facility. Historic character is preserved through ornate Victorian detailing, original redwood built with Douglas fir accents, soaring 12-foot ceilings, and expansive windows, while offering modern conveniences throughout. A large basement, park-like grounds, patio areas, and barbecue space enhance the property’s appeal. In addition to its existing income-producing layout, the property offers potential for future expansion and increased density, subject to local zoning and planning approvals. Development flexibility may allow for additional units or alternative configurations, presenting a rare opportunity for investors and owner-users alike.
MLS® NumberSC26013167
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, Gas Dryer Hookup
Exposure
Exterior
GarageYes
Approx. Age1895
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

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 13, 2026List Date
$3,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
687 Islay St, San Luis Obispo, CA

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