Sold for $875,000

Listed by: Christie's International Real Estate Sereno • Lindsey Harn • Contact: 805-476-0104

Bought with: Christie's International Real Estate Sereno

$875,000

1262 Mill St, San Luis Obispo, CA 93401

5beds

1,900sqft

Single Family Residence

Built in 1920

7,057 Square Feet Lot

$878,800 Zestimate^®

$461/sqft

$5,348 Estimated rent

Home value

$878,800

$817,000 - $949,000

$5,348/mo

Zestimate^® history

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$5,348/mo

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$5,587/mo

Est. payment

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$5,587/mo

Est. payment

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What's special

Prime Historic Downtown location just moments from Cal Poly, the Mission, and an array of shops and restaurants, this diamond in the rough sits on an R2-zoned lot and features 5 bedrooms, 2 bathrooms, and a detached 2-car garage with a workshop, offering incredible potential in one of the most desirable areas of San Luis Obispo. Opportunities like this are rare and won’t last long.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 2

Rooms

Room types: Kitchen, Laundry, Living Room, Workshop

Heating

None

Cooling

None

Appliances

Laundry: Inside

Features

Workshop
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,900 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Has view: Yes
View description: Neighborhood

Lot

Size: 7,057 Square Feet
Features: Street Level

Details

Parcel number: 001212019
Zoning: R2
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks
Subdivision: San Luis Obispo(380)

Location

Region: San Luis Obispo

Financial & listing details

Price per square foot: $461/sqft
Tax assessed value: $308,426
Annual tax amount: $3,322
Date on market: 5/5/2026
Cumulative days on market: 2 days
Listing terms: Cash

Price history

Date	Event	Price
5/19/2026	Sold	$875,000$461/sqft
Source: CRMLS #SC26088997 Report a problem
5/8/2026	Pending sale	$875,000$461/sqft
Source: CRMLS #SC26088997 Report a problem
5/5/2026	Listed for sale	$875,000$461/sqft
Source: CRMLS #SC26088997 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,322 +1.8%	$308,426 +2%
2024	$3,264 +1.9%	$302,380 +2%
2023	$3,204 +6.7%	$296,452 +2%
2022	$3,002 +1.7%	$290,640 +2%
2021	$2,952 +1.1%	$284,942 +1%
2020	$2,921 +1.1%	$282,022 +2%
2019	$2,890 +2.1%	$276,494 +2%
2018	$2,832 +2.1%	$271,073 +2%
2017	$2,775 +2.1%	$265,759 +2%
2016	$2,719	$260,549 +1.5%
2015	$2,719 +10.7%	$256,636 +2%
2014	$2,456	$251,609 +2.5%
2012	--	$245,563 +2%
2011	--	$240,749 +0.8%
2010	--	$238,950 -0.2%
2009	--	$239,519 +2%
2008	--	$234,823 +2%
2007	--	$230,219 +2%
2006	--	$225,705 +2%
2005	--	$221,281 +2%
2004	--	$216,944 +1.9%
2003	--	$212,969 +2%
2002	--	$208,795 +2%
2001	--	$204,702