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Rare 4-unit property offered in the heart of San Luis Obispo. Set on a 9,000 square foot lot with two buildings totaling 2,744 square feet. Fully occupied and cash-flowing from day one. The front home at 491 Branch Street is a standalone 872 square foot residence with 2 bedrooms and 1 bathroom, featuring an in-unit washer/dryer and storage in the bathroom, a private patio accessed through a bedroom slider, and a hedge-lined front yard shaded by mature trees. Five on-site parking spaces are accessed via Branch Street, with additional street parking available on both Branch and South streets. Behind the home at 491 Branch Street, three additional units share the interior parking area: 498 Unit C faces the interior parking area and is a two-story 972 square foot, 2-bedroom, 1-bath unit with a downstairs bedroom, full bathroom with washer/dryer, plus an open upstairs bedroom and a living/dining area off the kitchen. Units A and B face South Street and are each 450 square feet, two-story open-loft studios, each with a living area off the kitchen, full bath downstairs, and an open loft bedroom upstairs, fronted by an open grass area off South Street. Hawthorne elementary school sits directly across the street on Branch, close to downtown SLO. Information deemed reliable but not guaranteed.
| Last Updated | 8/13/2026 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1990 | Community | SLO - San Luis Obispo |
| County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Gas Range, Gas Water Heater, Refrigerator |
| AREA | SLO - San Luis Obispo |
| HEAT | Wall Furnace |
| LOT | 8999 sq ft |
| LOT DIMENSIONS | 9000 |
| PARKING | On Site, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| SUBDIVISION | San Luis Obispo(380) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/13/26 7:35 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.
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