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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1771 Johnson Avenue, San Luis Obispo – $3,900,000

  • $3.9M Price
  • 12 Beds
  • .3 Acres
  • 71 DOM
  • $3.9M Price
  • 12 Beds
  • .3 Acres
  • 71 DOM

1771 Johnson Avenue

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.

Essential Information

  • MLS® #SC25199710
  • Price$3,900,000
  • Bedrooms12
  • Bathrooms0.00
  • Acres0.30
  • Year Built2010
  • TypeResidential Income
  • Sub-TypeSingle Family Residence
  • StyleCottage
  • StatusActive

Community Information

  • Address1771 Johnson Avenue
  • AreaSLO - San Luis Obispo
  • SubdivisionSan Luis Obispo(380)
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93401

Amenities

  • Parking Spaces2
  • # of Garages1
  • PoolNone

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

Direct Access, Door-Single, Garage Faces Front, Garage, Garage Door Opener, On Site, Off Street, Paved

Garages

Direct Access, Door-Single, Garage Faces Front, Garage, Garage Door Opener, On Site, Off Street, Paved

View

City Lights, Hills, Mountain(s), Neighborhood

Interior

  • HeatingElectric, Forced Air
  • CoolingNone
  • FireplacesNone
  • # of Stories3
  • StoriesThree Or More

Interior

Bamboo, Carpet, Concrete, Vinyl

Interior Features

High Ceilings, Multiple Staircases, Stone Counters, All Bedrooms Up

Appliances

Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Tankless Water Heater

Exterior

  • Exterior FeaturesLighting
  • RoofMetal
  • FoundationRaised, Slab

Exterior

Drywall, Fiberglass Siding, Wood Siding

Lot Description

SixToTenUnitsAcre, Back Yard, Drip Irrigation/Bubblers, Landscaped

Windows

Blinds, Double Pane Windows, Screens, Wood Frames

Construction

Drywall, Fiberglass Siding, Wood Siding

Additional Information

  • Date ListedAugust 30th, 2025
  • Days on Market71
  • ZoningR3

Listing Details

  • AgentElizabeth Lee
  • OfficeTriad Real Estate Group
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Price Change History for 1771 Johnson Avenue, San Luis Obispo, (MLS® #SC25199710)

Date Details Change
Price Reduced from $4,000,000 to $3,900,000 $100,000 (2.50%)

Elizabeth Lee, Triad Real Estate Group.

Based on information from California Regional Multiple Listing Service, Inc. as of November 20th, 2025 at 11:56pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.