Millman Team Real Estate

$3,900,000
0.30 Acre Lot

1771 Johnson Avenue, San Luis Obispo, California 93401

  • Residential Income Property Type
  • Garage Cars Garage
  • 2010 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SC25199710
$3,900,000
City Lights,Hills,Mountain(s),Neighborhood
2010
0.30 Acre
Active
Single Family Residence
: Metal
Features
: None
: Electric, Forced Air
: None
: Wood, Fair Condition
: None
: Garage, Door-Single, Garage Door Opener, Direct Access, Garage Faces Front, Paved, Off Street, On Site
: Cottage
: Lighting
: Carpet, Vinyl, Concrete, Bamboo
: All Bedrooms Up, High Ceilings, Multiple Staircases, Stone Counters
: In Garage, Washer Hookup, Electric Dryer Hookup
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available
: Double Pane Windows, Blinds, Screens, Wood Frames
$0
Appliances
: Dishwasher, Gas Oven, Microwave, Disposal, Refrigerator, Range Hood, Freezer, Electric Water Heater, Tankless Water Heater
Address Map
CA
San Luis Obispo
San Luis Obispo
San Luis Obispo(380)
93401
Johnson
1771
Avenue
Take California Exit to Johnson Avenue, enter property going South on Johnson
SLO - San Luis Obispo
R3
Additional Information
$0
$0
$0
$0
$0
13065
: Sidewalks, Street Lights, Curbs, Suburban, Biking, Hiking, Foothills
: Drywall, Wood Siding, Fiberglass Siding
1
: Slab, Raised
1.0
: Three Or More
: Back Yard, 6-10 Units/Acre, Landscaped, Drip Irrigation/Bubblers
9
2025-09-11
4000000
3
: Public
Broker/Agent Information
Triad Real Estate Group
Elizabeth Lee
Listing Information
SL02081077
SP798
Cash,Cash to New Loan,Conventional,1031 Exchange
Active
2025-11-03T20:20:37Z
CRMLS
: Standard
2025-09-11T10:12:57Z
Agent info
Ray Millman
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