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$3,728,600

  • Sold
  • Closed
  • Multi-Family
  • Updated 13 days ago
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Price Improvement! One-of-a-kind investment opportunity in downtown San Luis Obispo. This property includes nine incredibly well built, standalone, single-family cottages all with attached single car garages. The nine cottages consist of three 2 bed/1.5 bath, two studio/1 bath and four 1 bed/1.5 bath. Each cottage has its own personal backyard and additional off street parking space. All units boast an abundance of natural light, steel roofing, dual pane encased windows, original bamboo flooring, high ceilings and Rinnai tankless water heaters. Washer and dryer hook ups located in each garage. Entry and driveways consist of cobble pavers and lined with mature landscaping. Property includes a quaint and maintained common area seating area. This property is centrally located, minutes from the famous downtown area, Cal Poly Campus, SLO High campus, 101 access, local wineries and hiking trails. It sits in the beautiful banana belt weather area. This property is highly desirable to renters and has historically low vacancies.

Full Property Details for 1771 Johnson Ave

General

  • Sold For: $3,728,600
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SC25199710
  • Added to Site: 140 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up, Entry, Kitchen, Living Room
  • Interior Features: 2 Staircases, High Ceilings, Stone Counters
  • Fireplace(s): None
  • Appliances: Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Flooring: Bamboo, Carpet, Concrete, Vinyl

Rooms

Other Rooms

  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Lighting

Parking

  • Garage Spaces: 1
  • Parking Features: Direct Garage Access, Paved, Garage Faces Front, Garage (Single Door), Garage Door Opener, Off-Street, On-Site
  • Parking: Garage (Direct Access), Paved, Garage Faces Front, Garage (Single Door), Garage Door Opener, Off-Street, On-Site

Location

  • Area: SLO - San Luis Obispo
  • County: San Luis Obispo
  • Development Name: SLO - San Luis Obispo
  • Driving Directions: Take California Exit to Johnson Avenue, enter property going South on Johnson

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 9
  • # Gas Meters: 9
  • # Electric Meters: 9

Structural Information

  • Architectural Style: Cottage
  • Foundation: Raised, Slab
  • Roof: Metal
  • Windows: Blinds, Double-Pane Windows, Screens, Wood Frames
  • Doors: Mirror Closet Door(s)
  • Entry Location: Ground
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 13,065
  • Year Built: 2010

Unit Information

Unit 1

  • Number of Units: 9
  • Bedrooms: 12

Lot Features

  • Property View: City Lights, Hills, Mountain(s), Neighborhood
  • Lot Size (Acres): 0.2999
  • Lot Size Source: Assessor
  • Zoning: R3
  • Lot Description: 6-10 Units/Acre, Back Yard, Landscaped, Drip Sprinkler System

Financial Considerations

  • Price Per Sq. Ft.: $285.39
  • Price Per Unit: 433333

Listed by Triad Real Estate Group, Elizabeth Lee
Sold by Nonmember Mrml, Esther Tahrir

Listing agent

— 1771 Johnson Ave —

  • Elizabeth Lee

    Triad Real Estate Group

805-459-1787

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 1771 Johnson Ave

School District:San Luis Coastal Unified School District
NameGradesDistance
Bishop's Peak Elementary School
451 Jaycee Drive, San Luis Obispo, CA 93405
K-62.3 mi
Laguna Middle School
11050 Los Osos Valley Road, San Luis Obispo, CA 93405
7-82.8 mi
San Luis Obispo High School
1499 San Luis Drive, San Luis Obispo, CA 93401
9-120.3 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 1771 Johnson Ave

Date
Details
Price
Change
Source
1/02/2026
Sold
$3,728,600
-4.39%
MLS
10/21/2025
Price Reduced
$3,900,000
-2.5%
MLS
9/11/2025
Listed
$4,000,000
—
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 Triad Real Estate Group, Elizabeth Lee
Sold by Nonmember Mrml, Esther Tahrir

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1771 Johnson Avenue, San Luis Obispo, CA 93401 (MLS# SC25199710) is a Multi-Family property that was sold at $3,728,600 on January 02, 2026. Want to learn more about 1771 Johnson Avenue? Do you have questions about finding other Multi-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.