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523 Branch StreetSan Luis Obispo, CA 93401

Single Family · 5 Beds · 3 Full Baths · 2,816 Sq. ft. | 0.21 Acres
$1,395,000 Active

523 Branch Street Overview

Time on Site:
45 days
Visits:
0

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 separate residences with strong income potential and flexible living options. 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.

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523 Branch Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,816
  • Price/Sq.ft. $495
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: San Luis Coastal Unified

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: San Luis Obispo
  • MLS Area Major: SLO - San Luis Obispo
  • Postal City: SAN LUIS OBISPO
  • Subdivision Name: San Luis Obispo(380)

Community/Development

  • Community Features: Biking,Hiking,Park,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 003749003
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 5

General Information

  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Front
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: See Remarks
  • Levels: Two
  • Living Area: 2816.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Features: Paved,One Space,Uncovered
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Street Level
  • Lot Size Acres: 0.2062
  • Lot Size Area: 8980.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8980.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes
    • Structure Type: House

    General Information

    • Number Of Units Total: 3
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    523 Branch Street Neighborhood

    Community

    93401 (San Luis Obispo) Demographics

    36
    Median Age
    411
    Population Density (per sq. mile)
    60%
    College Educated
    $78,788
    Estimated Median Income
    6,162
    Estimated Total Home Owners
    6,505
    Estimated Total Renters
    49% / 51%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    523 Branch Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    523 Branch Street Market Data

    Based on the last 30 days in this zip code

    $1,423,803
    Average List Price
    $747
    Average Price per Square Foot
    39
    Properties Sold
    72
    Average Days on Market
    221
    Properties for Sale
    Calculations provided by Reliance Network

    523 Branch Street History

    Date Event Value Agent
    6/26/2026Source: CRMLS Status Change
    Active
    6/26/2026Source: CRMLS Status Change
    Active
    6/8/2026Source: CRMLS Status Change
    Active Under Contract
    6/5/2026Source: CRMLS Status Change
    Active Under Contract
    5/27/2026Source: CRMLS Price Reduction
    $1,395,000 -5.4%
    5/27/2026Source: CRMLS Price Reduction
    $1,395,000 -5.4%
    5/26/2026Source: CRMLS Added to Database
    May 26, 2026
    5/15/2026Source: CRMLS Added to Database
    May 15, 2026
    Listing provided courtesy of Christie's International Real Estate SerenoLindsey Harn- MLS# SC26080122MLS ProviderContact Information: [email protected] - 805-476-0104