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San Luis Obispo, CA

$2,775,000

35 Blarney, San Luis Obispo, CA

1930

Built

Days listed

About this home

This exceptional multi-unit property delivers strong cash flow from day one with 7 long-term rentals. Most units feature private fenced yards for enhanced tenant appeal and privacy. Set in a peaceful country location yet just minutes from town, it boasts beautiful views of Bishop Peak and Madonna Mountain—ideal for enjoying Central Coast living. With room to add units (subject to county approval, buyer to verify), this is a turnkey cash-flow opportunity with excellent growth potential in one of California's most sought-after areas. Perfect for investors seeking proven performance, privacy, stunning scenery, and prime location. See listing agent for additional income opportunities.

Facts & features

Interior

Appliances: Gas Range, Microwave, Refrigerator, Water Heater
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Levels: One

Exterior & lot

Lot size: 4.78 acres (208,217 sq ft)
Pool: None
View: Mountains
Year built: 1930
Parking: Concrete

Community

Area: SLO - San Luis Obispo
County: San Luis Obispo
Community features: Storm Drains

Listing details

Status: Active
Property type: Mixed Use
Days on market: 99
Listed: 2026-02-12
Original price: $2,950,000
Terms: Cash, Cash To New Loan, Exchange 1031
Parcel #: 067081006
MLS #: SC26048875

Listed by

Troy Gray · Kestly Realty Group Inc.

425-293-6730 jtroygray@gmail.comDRE #02200783

Location

Price history

Listed: $2,950,000 · 2026-02-12
Price reduced: $2,775,000 (−$175,000)
Days on market: 99
Current price: $2,775,000

Financing

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Estimated monthly payment

$17,408

$14,032 principal & interest · $3,376 taxes & insurance

Down payment (20%)

$555,000

Est. rate (%)

Estimate only

Term (years)

Loan $2,220,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of Kestly Realty Group Inc.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.