1346 Morro, San Luis Obispo, CA 93401 – NS25263054

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID NS25263054

Year Built 1925

Property Sub-Type Triplex

Property Description

This rare downtown offering includes a 1925 Craftsman bungalow plus two separate one-bed/one-bath units, all located just two blocks from the heart of San Luis Obispo and next door to Mitchell Park. Positioned on the corner of Morro and Pismo Streets, this property blends historic character, income-producing flexibility, and exceptional walkability.

The main house (1,582 sq ft) features a deep front porch, tall ceilings, and expansive original windows that fill the home with natural light. The generous living room includes a fireplace and classic Craftsman detailing. Two large front bedrooms share a Jack-and-Jill bath, while the formal dining room can serve as a third bedroom or flex space. A smaller fourth bedroom sits at the rear of the home alongside a laundry area and ¼ bath. With a newer roof and preserved period elements throughout, the home offers excellent potential for restoration and enhancement of a true century-old Craftsman.

Behind the main residence are two well-designed one-bed/one-bath units, each approximately 792 sq ft and each including a kitchen, living area, bedroom, and full bath. The upper unit features a new deck with stairs leading to a private backyard space; the lower unit enjoys direct yard access as well. These units provide strong rental income or ideal guest accommodations.

The location is unmatched—walk to downtown restaurants, cafés, wine bars, boutique shops, Mission Plaza, the Thursday night Farmers' Market, SLO Rep, Fremont Theater, the Museum of Art, and multiple hiking and biking trails. Mitchell Park, located directly next door, offers open lawn areas, playgrounds, and community events.

Whether you plan to live in the main home and rent the back units, operate the property as a multi-unit investment, or restore a classic 1920s Craftsman in one of SLO's most desirable neighborhoods, this property delivers historic charm, versatility, and prime downtown access.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R-3-H

Interior

Heating Wall Furnace

Cooling None

Flooring Wood

Fireplaces Type Living Room

Laundry See Remarks

Exterior

Parking Features Driveway,Garage,On Street

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Gutter(s),Storm Drain(s),Sidewalks

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

View Y/N Yes

View Neighborhood

Roof Type Composition

Building

Lot Description Corner Lot,Level,Rectangular Lot

Story 2

Foundation Raised,Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://properties.aspectvisuals.co/1346morrostr?mls