$2,900,000
About this home
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.
Facts & features
- Interior features
- Built In Features, Ceiling Fans, High Ceilings, Laminate Counters, Paneling Wainscoting, Storage, Attic, Entrance Foyer
- Appliances
- Dishwasher, Gas Range, Refrigerator, Water Heater
- Flooring
- Carpet, Wood
- Fireplace
- Free Standing, Gas
- Heating
- Fireplaces, Natural Gas, Wood Stove
- Cooling
- None
- Laundry
- Common Area, Gas Dryer Hookup
- Levels
- Two
- Spa
- None
- Lot size
- 0.476 acres (20,735 sq ft)
- Pool
- None
- View
- City Lights, Hills, Neighborhood
- Architectural style
- Victorian
- Year built
- 1895
- Parking
- Driveway Level, Door Single, Driveway, Garage, Off Site, On Site, Garage Faces Side, Side By Side, Unassigned, Unpaved
- Parking spaces
- 15
- Area
- SLO - San Luis Obispo
- County
- San Luis Obispo
- Community features
- Biking, Storm Drains, Street Lights, Urban
- Status
- Active
- Property type
- Apartment
- Days on market
- 85
- Listed
- 2026-02-09
- Original price
- $3,900,000
- Terms
- Cash, Cash To New Loan
- Parcel #
- 003631006
- MLS #
- SC26013167
