For sale

Listed by: Kestly Realty Group Inc. • Troy Gray • Contact: 425-293-6730

Price cut: $175K (7/12)

$2,775,000

35 Blarney Ln, San Luis Obispo, CA 93405

14beds

5,398sqft

$18,255/mo

Get pre-qualified

Quadruplex

Built in 1930

-- sqft lot

$-- Zestimate^®

$514/sqft

$-- HOA

What's special

This exceptional multi-unit property delivers strong cash flow from day one with 7 long-term. 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.

120 days

840

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 7
Full bathrooms: 7
Main level bathrooms: 7
Main level bedrooms: 14

Rooms

Room types: Bedroom, Living Room

Bedroom

Features: All Bedrooms Down

Cooling

None

Appliances

Included: Gas Range, Microwave, Refrigerator, Water Heater
Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 5,398 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Concrete

Features

Levels: One
Stories: 1
Entry location: N/A
Pool features: None
Fencing: Wood
Has view: Yes
View description: Mountain(s)

Lot

Size: 4.78 Acres
Dimensions: 200 x 1028
Features: 11-15 Units/Acre

Details

Parcel number: 067081006
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Septic Type Unknown
Water: Well
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: Storm Drain(s)
Subdivision: San Luis Obispo(380)

Location

Region: San Luis Obispo

Financial & listing details

Price per square foot: $514/sqft
Date on market: 4/3/2026
Cumulative days on market: 121 days
Listing terms: Cash,Cash to New Loan,1031 Exchange

Estimated market value

Not available

Estimated sales range

Not available

$3,569/mo

Price history

Date	Event	Price
7/12/2026	Price change	$2,775,000-5.9%$514/sqft
Source: CRMLS #SC26072122 Report a problem
4/3/2026	Listed for sale	$2,950,000$546/sqft
Source: CRMLS #SC26048875 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified