1346 Morro, San Luis Obispo, CA 93401

$1,579,000
6
BD
4
BA
3,110
SqFt

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Sold Price
$1,579,000
List Price
$1,649,000
Closing Date
Jan 12, 2026
Status
CLOSED
MLS#
NS25261033
Year Built
1925
Bedrooms
6
Bathrooms
4
Living Sq. Ft
3,110
Lot Size
7,134
Acres
0.16
Lot Location
Corner Lot, Level, Rectangular Lot
Days on Market
17
Property Type
Multifamily
Style
Bungalow, Craftsman
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
San Luis Obispo(380)

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.

Additional Information

Appliances
Gas Range
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling Description
None
View
Neighborhood
Patio
Front Porch, Wrap Around
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
San Luis Coastal Unified
Interior Features
Eat-in Kitchen, High Ceilings, See Remarks, Bedroom on Main Level, Jack and Jill Bath
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Ian Chandler (ian.chandler@sothebysrealty.com) from Listing Office: Home & Ranch Sotheby's Intl.

Listing sold by Holly Rodgers from BHGRE HAVEN PROPERTIES

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.