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$1,795,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,278 Sq. Ft.
  • 1 Car Garage
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Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026. The back duplex, built in 1950, features two one-bedroom, one-bath units-each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency. Whether you're looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don't miss your chance to invest in one of San Luis Obispo's most desirable locations!

Full Property Details for 1229 Mill St

General

  • Sold For: $1,795,000
  • Status: Closed
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SC25196391
  • Added to Site: 138 day(s) ago

Interior

  • Rooms/Areas: Galley Kitchen, Laundry, Main Floor Bedroom, See Remarks
  • Interior Features: Ceiling Fan(s), Tile Counters, Unfurnished
  • Fireplace: Yes
  • Fireplace(s): See Remarks
  • Appliances: Dishwasher, Gas Range, Tankless Water Heater
  • Flooring: Carpet, See Remarks, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • 1/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Dryer Included, See Remarks, Stackable, Washer Hookup, Washer Included

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Driveway, Garage, Garage (Single Door), Off-Street, Public

Location

  • County: San Luis Obispo
  • Subdivision: San Luis Obispo(380)
  • Driving Directions: On Mill between Toro & Johnson. Please don't block driveway(s) - park on street.
  • Direction Faces: West

School Information

  • School District: San Luis Coastal Unified

Community

  • Community Features: Curbs, Gutters, Sidewalks

Heating & Cooling

  • Cooling Type: Central Air, See Remarks
  • Heating Type: Central, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: See Remarks
  • Structure Type: Single Family Residence
  • Construction: Stucco
  • Foundation: Raised, See Remarks, Slab
  • Roof: Shingle
  • Common Walls: 1 Common Wall
  • Windows: Double-Pane Windows, Screens
  • Disability Access: See Remarks
  • Entry Location: main
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,278
  • Sq. Ft. Source: Assessor
  • Year Built: 1942
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Guest House Detached, Two on a Lot

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1722
  • Lot Size Source: Assessor
  • Zoning: R2
  • Lot Description: Lot 6500-9999, Rectangular Lot, Level
  • Fencing (Description): Average Condition

Financial Considerations

  • Price Per Sq. Ft.: $787.97

Disclosures and Reports

  • Special Conditions: Trust
  • Inclusions: 3 refrigerators, 1 dishwasher, 3 ranges, 1 stackable w/d, 1 washer/dryer

Listed by Comet Realty, Hayley Townley
Sold by Region 1 Realty, ROBERT GAYL

Listing agent

— 1229 Mill St —

  • Hayley Townley

    Comet Realty

805-440-9194

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1229 Mill St

School District:San Luis Coastal Unified School District
NameGradesDistance
Hawthorne Elementary School, San Luis Obispo, CA
2125 Story Street, San Luis Obispo, CA 93401
K-61 mi
Laguna Middle School
11050 Los Osos Valley Road, San Luis Obispo, CA 93405
7-82.6 mi
San Luis Obispo High School
1499 San Luis Drive, San Luis Obispo, CA 93401
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1229 Mill St

Date
Details
Price
Change
Source
11/26/2025
Sold
$1,795,000
-0.17%
MLS
9/01/2025
Listed
$1,798,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Comet Realty, Hayley Townley
Sold by Region 1 Realty, ROBERT GAYL

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1229 Mill Street, San Luis Obispo, CA 93401 (MLS# SC25196391) is a Single Family property that was sold at $1,795,000 on November 26, 2025. Want to learn more about 1229 Mill Street? Do you have questions about finding other Single Family real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.