805-284-8471

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523 Branch Street, San Luis Obispo, CA 93401

$1,395,000 Approx. USD 5 beds, 3 baths
2,816 sqft

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Photo of Hristo Hristov

Marketed By Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053

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Listing Agent

Lindsey Harn | soldbylindseyharn@gmail.com
Lic#: 01868098
Broker: Courtesy of Christie's International Real Estate Sereno
Phone: 805-476-0104

Agent Remarks

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 ($9,2000/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.

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# SC26080122

List price is $1,395,000 Reduced by $80,000 on 5/27/2026

Price: $1,395,000

HOA Fee is $0.00

Beds: 5

Baths: 3 (3 full)

None fireplaces

Built in 1910

2,816 sqft

2 stories

0.21 acres

Lot size: 0.2062

Subdivision: San Luis Obispo(380)

County: San Luis Obispo

Parking description: Paved,One Space,Uncovered

Lot description: Street Level

Heating/cooling: None

Heating description: Central,Wall Furnace

MLS area: SLO - San Luis Obispo

Last Updated: 7/17/2026

Days On Market (DOM): 64

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This listing belongs to the SLO - San Luis Obispo MLS area

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Lat/Long: 35.269972, -120.660624.
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Source: CRM. Also Available in SC26108142,

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105