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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

523 Branch Street, San Luis Obispo – $1,395,000

  • 5 Beds
  • 3 Baths
  • .21 Acres
  • 61 DOM
  • 5 Beds
  • 3 Baths
  • .21 Acres
  • 61 DOM

523 Branch Street

Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980± square foot street-to-street lot, the property offers three tenant occupied residences with strong income potential currently producing $7,600/month ($91,200/year) in total rental income. The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry. Tucked behind the main home are two additional units, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you'll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units. With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.

Essential Information

  • MLS® #SC26108142
  • Price$1,395,000
  • Bedrooms5
  • Bathrooms3.00
  • Acres0.21
  • Year Built1910
  • TypeResidential Income
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address523 Branch Street
  • AreaSLO - San Luis Obispo
  • SubdivisionSan Luis Obispo(380)
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93401

Amenities

  • Parking Spaces4
  • ParkingPaved, One Space, Uncovered
  • GaragesPaved, One Space, Uncovered
  • ViewNeighborhood
  • PoolNone

Interior

  • HeatingCentral, Wall Furnace
  • CoolingNone
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionStreet Level

Additional Information

  • Date ListedApril 14th, 2026
  • Days on Market61

Listing Details

  • AgentLindsey Harn

Office

Christie's International Real Estate Sereno

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Price Change History for 523 Branch Street, San Luis Obispo, (MLS® #SC26108142)

Date Details Change
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $1,475,000 to $1,395,000 $80,000 (5.42%)

Lindsey Harn, Christie's International Real Estate Sereno.

Based on information from California Regional Multiple Listing Service, Inc. as of July 26th, 2026 at 1:56pm PDT. 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.