Situated in the heart of San Luis Obispo, this triplex combines location, convenience, and opportunity. Fully occupied, this property has the opportunity for immediate income generation with the possibility for future expansion. Located just steps from the vibrant downtown area, residents enjoy unparalleled access to charming local businesses, popular restaurants, and the iconic Thursday Night Farmers' Market. The triplex includes a mix of units to suit various tenant needs: one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, one 1-bedroom with a small loft, 1-bath unit. A shared laundry area provides convenience for tenants, while private off-street parking enhances the property's appeal. Situated on a generous lot, there’s room to add an additional unit and expand parking—buyers are encouraged to verify possibilities with the city. This property may also qualify for the Mills Act, offering potential tax savings (check eligibility with the city). Don’t miss this chance to own a versatile investment property in a highly sought-after location. Whether you're a seasoned investor or new to the market, 1328 Archer offers a unique opportunity to grow your portfolio in one of San Luis Obispo’s most desirable areas.
Sold for $1,495,000
Listed by: Christie's International Real Estate Sereno • Lindsey Harn • Contact: 805-476-0104
Bought with: NONMEMBER MRML
$1,495,000
1328 Archer St, San Luis Obispo, CA 93401
4beds
2,313sqft
Triplex
Built in 1900
-- sqft lot
$1,527,800 Zestimate®
$646/sqft
$5,766 Estimated rent
Home value
$1,527,800
$1.39M - $1.68M
$5,766/mo
Zestimate® history
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Expand parkingPrivate off-street parkingGenerous lot
Zillow last checked:
Listing updated:
Listed by:
Lindsey Harn DRE #01868098 805-441-7744,
Christie's International Real Estate Sereno
Bought with:
General NONMEMBER, DRE #01424304
NONMEMBER MRML
Source: CRMLS,MLS#: SC24255247
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Loft
Kitchen
- Features: Laminate Counters
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Outside
Features
- Loft
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 2,313 sqft
Property
Parking
- Total spaces: 5
- Parking features: On Site, Off Street, Paved, Private, Uncovered
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,100 Square Feet
- Features: 0-1 Unit/Acre
Details
- Additional structures: Shed(s), Storage
- Parcel number: 002507023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Hiking
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $1,096,293
- Annual tax amount: $12,542
- Date on market: 1/15/2025
- Cumulative days on market: 6 days
- Listing terms: Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $1,495,000$646/sqft |
Source:  CRMLS #SC24255247 Report a problem | ||
| 1/30/2025 | Pending sale | $1,495,000$646/sqft |
Source: CRMLS #SC24255247 Report a problem | ||
| 1/23/2025 | Contingent | $1,495,000$646/sqft |
Source: CRMLS #SC25004856 Report a problem | ||
| 1/16/2025 | Listed for sale | $1,495,000+55.2%$646/sqft |
Source: CRMLS #SC24255247 Report a problem | ||
| 8/14/2019 | Listing removed | $2,150$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/4/2019 | Listed for rent | $2,150+0%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/10/2019 | Listing removed | $2,149$1/sqft |
Source: New-Land Real Estate Report a problem | ||
| 3/7/2019 | Price change | $2,149-6.6%$1/sqft |
Source: New-Land Real Estate Report a problem | ||
| 2/21/2019 | Listed for rent | $2,300$1/sqft |
Source: New-Land Real Estate Report a problem | ||
| 9/8/2018 | Listing removed | $2,300$1/sqft |
Source: New-Land Real Estate Report a problem | ||
| 8/25/2018 | Price change | $2,300-17.4%$1/sqft |
Source: New-Land Real Estate Report a problem | ||
| 7/29/2018 | Listed for rent | $2,785$1/sqft |
Source: Owner Report a problem | ||
| 3/30/2018 | Sold | $963,500-6.4%$417/sqft |
Source: Public Record Report a problem | ||
| 3/21/2018 | Listed for sale | $1,029,900$445/sqft |
Source: Burnes Commercial Group #PI17213128 Report a problem | ||
| 1/27/2018 | Pending sale | $1,029,900$445/sqft |
Source: Burnes Commercial Group #PI17213128 Report a problem | ||
| 12/4/2017 | Price change | $1,029,900-1.9%$445/sqft |
Source: Burnes Commercial Group #PI17213128 Report a problem | ||
| 9/14/2017 | Listed for sale | $1,049,900+40%$454/sqft |
Source: Burnes Commercial Group #PI17213128 Report a problem | ||
| 7/13/2006 | Sold | $750,000+2841.2%$324/sqft |
Source: Public Record Report a problem | ||
| 6/25/2002 | Sold | $25,500-95%$11/sqft |
Source: Public Record Report a problem | ||
| 3/21/2002 | Sold | $510,000+53.6%$220/sqft |
Source: Public Record Report a problem | ||
| 5/14/1999 | Sold | $332,000$144/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,542 +1.1% | $1,096,293 +2% |
| 2024 | $12,404 +1.8% | $1,074,798 +2% |
| 2023 | $12,189 +6.6% | $1,053,724 +2% |
| 2022 | $11,439 +1.9% | $1,033,064 +2% |
| 2021 | $11,228 +1.1% | $1,012,809 +1% |
| 2020 | $11,111 +1.2% | $1,002,425 +2% |
| 2019 | $10,984 +10.8% | $982,770 +11.3% |
| 2018 | $9,916 +2% | $883,114 +2% |
| 2017 | $9,718 +3.3% | $865,799 +2% |
| 2016 | $9,404 | $848,823 +1.5% |
| 2015 | $9,404 +12.2% | $836,073 +2% |
| 2014 | $8,381 | $819,697 +36.6% |
| 2012 | -- | $600,000 |
| 2011 | -- | $600,000 |
| 2010 | -- | $600,000 -14.3% |
| 2009 | -- | $700,000 -8.5% |
| 2008 | -- | $765,000 +2% |
| 2007 | -- | $750,000 +36% |
| 2006 | -- | $551,317 +2% |
| 2005 | -- | $540,508 +2% |
| 2004 | -- | $529,911 +1.9% |
| 2003 | -- | $520,200 +47.6% |
| 2002 | -- | $352,320 +2% |
| 2001 | -- | $345,412 |
Find assessor info on the county website
Neighborhood: 93401
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Nearby schools
GreatSchools rating
- 6/10Hawthorne Elementary SchoolGrades: K-6Distance: 0.5 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 1.8 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 1.2 mi
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- California
- San Luis Obispo County
- San Luis Obispo
- 93401
- 1328 Archer St
Nearby cities
Nearby zip codes
Other San Luis Obispo Topics
