Price Improvement! One-of-a-kind investment opportunity in downtown San Luis Obispo. This property includes nine incredibly well built, standalone, single-family cottages all with attached single car garages. The nine cottages consist of three 2 bed/1.5 bath, two studio/1 bath and four 1 bed/1.5 bath. Each cottage has its own personal backyard and additional off street parking space. All units boast an abundance of natural light, steel roofing, dual pane encased windows, original bamboo flooring, high ceilings and Rinnai tankless water heaters. Washer and dryer hook ups located in each garage. Entry and driveways consist of cobble pavers and lined with mature landscaping. Property includes a quaint and maintained common area seating area. This property is centrally located, minutes from the famous downtown area, Cal Poly Campus, SLO High campus, 101 access, local wineries and hiking trails. It sits in the beautiful banana belt weather area. This property is highly desirable to renters and has historically low vacancies.
Sold for $3,728,600
Listed by: Triad Real Estate Group • Elizabeth Lee • Contact: 805-544-5500
Bought with: NONMEMBER MRML
$3,728,600
1771 Johnson Ave, San Luis Obispo, CA 93401
108beds
--baths
13,065sqft
Multi Family
Built in 2010
-- sqft lot
$-- Zestimate®
$285/sqft
$3,708 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,708/mo
Zestimate® history
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$23,481/mo
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List your homeWhat's special
Mature landscapingPersonal backyardAbundance of natural lightOriginal bamboo flooringHigh ceilingsCobble paversSteel roofing
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Lee DRE #02081077 805-459-1787,
Triad Real Estate Group
Bought with:
Esther Tahrir, DRE #02120904
NONMEMBER MRML
Source: CRMLS,MLS#: SC25199710
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 108
Rooms
- Room types: Bedroom, Entry/Foyer, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Up
Heating
- Electric, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Tankless Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Features
- High Ceilings, Multiple Staircases, Stone Counters, All Bedrooms Up
- Flooring: Bamboo, Carpet, Concrete, Vinyl
- Doors: Mirrored Closet Door(s)
- Windows: Blinds, Double Pane Windows, Screens, Wood Frames
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 13,065
- Total interior livable area: 13,065 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Door-Single, Garage Faces Front, Garage, Garage Door Opener, On Site, Off Street, Paved
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Ground
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Fair Condition,Wood
- Has view: Yes
- View description: City Lights, Hills, Mountain(s), Neighborhood
Lot
- Size: 0.3 Acres
- Features: 6-10 Units/Acre, Back Yard, Drip Irrigation/Bubblers, Landscaped
Details
- Parcel number: 003563025
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subtype: Multi Family
Materials
- Drywall, Fiberglass Siding, Wood Siding
- Foundation: Raised, Slab
- Roof: Metal
Condition
- Turnkey
- New construction: No
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Foothills, Hiking, Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $285/sqft
- Date on market: 9/11/2025
- Cumulative days on market: 356 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Tenant pays: All Utilities
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Sold | $3,728,600-4.4%$285/sqft |
Source:  CRMLS #SC25199710 Report a problem | ||
| 12/3/2025 | Contingent | $3,900,000$299/sqft |
Source: CRMLS #SC25199710 Report a problem | ||
| 10/22/2025 | Price change | $3,900,000-2.5%$299/sqft |
Source: CRMLS #SC25199710 Report a problem | ||
| 9/11/2025 | Listed for sale | $4,000,000-5.9%$306/sqft |
Source: CRMLS #SC25199710 Report a problem | ||
| 9/1/2025 | Listing removed | $4,250,000$325/sqft |
Source:  SDMLS #SC24231583 Report a problem | ||
| 6/23/2025 | Listed for sale | $4,250,000+286.4%$325/sqft |
Source: SDMLS #SC24231583 Report a problem | ||
| 3/8/2011 | Listing removed | $1,650 |
Source: August Company Report a problem | ||
| 1/8/2011 | Listed for rent | $1,650 |
Source: August Company Report a problem | ||
| 5/9/2007 | Sold | $1,100,000$84/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93401
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Nearby schools
GreatSchools rating
- 9/10Bishop's Peak Elementary SchoolGrades: K-6Distance: 2.3 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 2.8 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 0.3 mi
- California
- San Luis Obispo County
- San Luis Obispo
- 93401
- 1771 Johnson Ave
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