523 Branch Street San Luis Obispo CA 93401 | MLS #SC26080122

523 Branch Street
San Luis Obispo, CA, 93401
$1,345,000
5 Beds
3 Baths
2,816 SqFt
0.21 Acres
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MLS #SC26080122 image #0
Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980± square foot street-to-street lot, the property offers three tenant occupied residences with strong income potential currently producing $7,600/month ($91,200/year) in total rental income.

The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry.

Tucked behind the main home are two additional units, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you’ll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units.

With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.

Property Details

Price:
$1,345,000
MLS #:
SC26080122
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
May 15, 2026
Finished Sq Ft:
2,816
Lot Size:
8,980 sqft / 0.21 acres (approx)
Year Built:
1910
Slo – San Luis ObispoSlosanluisobispoSan Luis Obispo380San Luis Coastal UnifiedNeighborhood

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Schools

School District:
San Luis Coastal Unified

Interior

Bathrooms
3 Full Bathrooms
Cooling
None
Heating
Wall Furnace, Central
Laundry Features
See Remarks
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
3

Exterior

Common Walls
1 Common Wall
Community Features
Biking, Hiking, Sidewalks, Park
Lot Features
Level with Street
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved, Parking Space, Open
Parking Spots
4
Parking Total
4
Spa Features
None
Stories
2
View
Neighborhood

Financial

Map

Community

Market Summary

Current real estate data for Single Family in San Luis Obispo as of Nov 06, 2026
104
Single Family Listed
72
Avg DOM
740
Avg $ / SqFt
$1,699,054
Avg List Price

Property Summary

    Located in the San Luis Obispo(380) subdivision, 523 Branch Street San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,345,000 and features 5 beds, 3 baths, and has approximately 2,816 square feet of living space, and was originally constructed in 1910. The current price per square foot is $478. The average price per square foot for Single Family listings in San Luis Obispo is $740. The average listing price for Single Family in San Luis Obispo is $1,699,054. To schedule a showing of MLS#sc26080122 at 523 Branch Street in San Luis Obispo, CA, contact your JoAnn Outland Real Estate agent at 18054415574.

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