389 Pismo Street
San Luis Obispo, CA 93401
- 2 beds
- – baths
- 1,046 sqft
- 7,500 sqft lot
- $1,050 per sqft
- 1929 build
- – on site
This property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. The charming 2-bedroom, 1-bath main house showcases classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a ¾ bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional units—buyers should check with the city regarding development options. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!
Last checked:
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Last updated Mar 4, 2025
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MLS# CRSC25046885 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1929
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Building Area Units:Square Feet
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Other Equipment:Other
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Building Area Total:1046
Interior
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Flooring:Tile
Room Dimensions
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Living Area:1046
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Living Area Units:Square Feet
Location
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Directions:Broad Street to Pismo St, just past Carmel St on l
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Back Yard
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Parcel Number:003611007
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Lot Features:Back Yard
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Lot Size Area:0.17
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Lot Size Acres:0.17
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Lot Size SqFt:7500
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Lot Size Units:Acres
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View:Hills
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (805) 781-3750
Beds
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Bedrooms Total:2
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Laundry Features:In Kitchen
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/3/25
Mar 3, 2025
|
Listed / Active | BRIDGE | $1,099,000 | |
|
8/22/24
Aug 22, 2024
|
Price Changed | BRIDGE | ||
|
6/26/24
Jun 26, 2024
|
Listed / Active | BRIDGE |
