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1328 Archer St, San Luis Obispo, CA 93401

Sale Price: $1,495,000
Jan 15, 20252,313 sqft4 beds3 baths
Listed by: Lindsey Harn
License #: 01868098
Phone #: 805-476-0104
Christie's International Real Estate Sereno
Source:
CRMLS Logo
MLS #: SC24255247

Property Description

Situated in the heart of San Luis Obispo, this triplex combines location, convenience, and opportunity. Fully occupied, this property has the opportunity for immediate income generation with the possibility for future expansion. Located just steps from the vibrant downtown area, residents enjoy unparalleled access to charming local businesses, popular restaurants, and the iconic Thursday Night Farmers' Market. The triplex includes a mix of units to suit various tenant needs: one 2-bedroom, 1-bath unit, one 1-bedroom, 1-bath unit, one 1-bedroom with a small loft, 1-bath unit. A shared laundry area provides convenience for tenants, while private off-street parking enhances the property's appeal. Situated on a generous lot, there’s room to add an additional unit and expand parking—buyers are encouraged to verify possibilities with the city. This property may also qualify for the Mills Act, offering potential tax savings (check eligibility with the city). Don’t miss this chance to own a versatile investment property in a highly sought-after location. Whether you're a seasoned investor or new to the market, 1328 Archer offers a unique opportunity to grow your portfolio in one of San Luis Obispo’s most desirable areas.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,312

TurboHome Estimated Value

$1,457,900

$630 sqft

High Valuation
$1,530,795
$662/sqft
Normal Valuation
$1,457,900
$630/sqft
Low Valuation
$1,385,005
$599/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$630/sqft$1,457,900

Neighborhood: San Luis Obispo(380)

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Comparative Value

$1.18M

$1.50M

$1.74M

$1.77M

1811 Chorro St, San Luis Obispo, CA 93401

Sale Price: $1,175,000

Selected Comparable

2103 Price St, San Luis Obispo, CA 93401

Sale Price: $1,198,000

Selected Comparable

1328 Archer St, San Luis Obispo, CA 93401

List Price: $1,495,000

Subject Property

1328 Archer St, San Luis Obispo, CA 93401

Sale Price: $1,495,000

Selected Comparable

779 Buchon St, San Luis Obispo, CA 93401

Sale Price: $1,735,000

Selected Comparable

1217 Nipomo St, San Luis Obispo, CA 93401

Sale Price: $1,775,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1328 Archer St, San Luis Obispo, CA 93401

1328 Archer St, San Luis Obispo, CA 93401

List: $1,495,000

Listed: 1/15/2025

Area:2,313 sqft
Price/sqft:$646
Beds:4
Baths:3
Year Built:
Lot Size:6,100

Comparable Properties

COMPARABLE
Choose comps
1328 Archer St, San Luis Obispo, CA 93401

1328 Archer St, San Luis Obispo, CA 93401

Sale: $1,495,000

3/11/20250.00 mi

Area:2,313 sqft
Price/sqft:$646
Beds:4
Baths:3
Year Built:
Weight:23.5%
1811 Chorro St, San Luis Obispo, CA 93401

1811 Chorro St, San Luis Obispo, CA 93401

Sale: $1,175,000

7/22/20250.55 mi

Area:2,212 sqft
Price/sqft:$531
Beds:4
Baths:3
Year Built:
Weight:23.1%
779 Buchon St, San Luis Obispo, CA 93401

779 Buchon St, San Luis Obispo, CA 93401

Sale: $1,735,000

3/19/20250.45 mi

Area:2,649 sqft
Price/sqft:$655
Beds:4
Baths:3
Year Built:
Weight:20.0%
2103 Price St, San Luis Obispo, CA 93401

2103 Price St, San Luis Obispo, CA 93401

Sale: $1,198,000

7/3/20250.25 mi

Area:1,812 sqft
Price/sqft:$661
Beds:3
Baths:3
Year Built:
Weight:16.9%
1217 Nipomo St, San Luis Obispo, CA 93401

1217 Nipomo St, San Luis Obispo, CA 93401

Sale: $1,775,000

5/22/20250.27 mi

Area:1,854 sqft
Price/sqft:$957
Beds:3
Baths:3
Year Built:
Weight:16.4%

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