Charming Downtown Multi-Unit Property ~ Opportunity knocks in one of San Luis Obispo’s most coveted downtown locations! Nestled in the desirable Historic Mill Street District, this rare R2 zoned property features two detached units on a spacious lot offering flexibility & potential in a prime location. The front home is a charming 2 bedroom, 1 bath bungalow with approx 900 sqft of living space, while the rear unit is a cozy 1 bedroom, 1 bath around 580 sqft with its own private outdoor space. Additional features include a detached storage/workshop/garage, plenty of off-street parking, and endless potential for customization or income generation. Whether you’re an investor, a savvy buyer looking to live in one & rent the other or someone ready to restore a downtown gem, this is a true San Luis Obispo find. Bring your vision and make the most of this unique opportunity in the heart of SLO. Property is being sold AS-IS
For sale
Listing Provided by:
Michelle Braunschweig DRE #01736789 805-801-1734,
Richardson Sotheby's International Realty
Price cut: $90K (5/5)
$995,000
1220 Mill St, San Luis Obispo, CA 93401
3beds
1,480sqft
Est.:
Single Family Residence
Built in 1910
7,500 Square Feet Lot
$-- Zestimate®
$672/sqft
$-- HOA
What's special
Spacious lotPrivate outdoor space
- 30 days
- on Zillow |
- 3,180 |
- 132 |
Zillow last checked: 7 hours ago
Listing updated: May 11, 2025 at 01:50pm
Listing Provided by:
Michelle Braunschweig DRE #01736789 805-801-1734,
Richardson Sotheby's International Realty
Source: CRMLS,MLS#: SC25079656
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: All Bedrooms Down
Bathroom
- Features: Shower in Tub
Kitchen
- Features: Tile Counters
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Refrigerator, Dryer, Washer
- Laundry: Inside
Features
- Eating Area, Eat-in Kitchen
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,480 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Front Porch, Patio
- Pool features: None
- Spa features: None
- Fencing: Wood,Fenced
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 7,500 Square Feet
- Features: 0-1 Unit/Acre
Details
- Additional structures: Storage
- Parcel number: 001212014
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Foundation: Raised, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights
- Subdivision: San Luis Obispo(380)
HOA
- Has HOA: No
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $672/sqft
- Date on market: 4/14/2025
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