491 Branch Street, San Luis Obispo, CA 93401 - Photo 1

1/1

$1,569,000

Sold
Closed
Multi-Family

1/1

Property Description

Fully leased 4-unit investment ideally located in central San Luis Obispo on a 9,000 square foot lot with two buildings that total 2,744 square feet of living area. All four units are permitted. Current gross rents total $8,040/month ($96,480/year). 491 Branch St is 872 square feet, 2BD/1BA, standalone house with in-unit laundry and private patio at $2,550/month. 498 South St #C is 972 square feet, two-story, 2BD/1BA with in-unit laundry, facing the interior parking area, at $2,400/month. 498 South St #A is a 450 square foot open-loft studio facing South Street at $1,800/month. 498 South St #B is a 450 square foot open-loft studio facing South Street at $1,290/month. Five on-site parking spaces (shared use, single parcel) are accessed via Branch Street, with additional street parking available on both Branch and South streets. Central location near downtown SLO, with Hawthorne elementary school directly across the street. Information deemed reliable but not guaranteed.

Full Property Details

Full Property Details for 491 Branch St

General

Sold For: $1,569,000
Status: Closed
Type: Multi-Family
Source: MRMLS
MLS ID: SC26177285
Added to Site: 60 day(s) ago

Interior

Rooms/Areas: Kitchen, Living Room
Fireplace(s): None
Appliances: Refrigerator, Gas Water Heater, Gas Range, Dishwasher

Rooms

Other Rooms

Laundry: See Remarks

Additional Information

Pool Description: None
Spa Description: None

Parking

Parking Features: On-Site, Street
Parking: On-Site, Street

Location

Area: SLO - San Luis Obispo
County: San Luis Obispo
Development Name: SLO - San Luis Obispo
Driving Directions: From Broad Street turn on Branch St. Park on Branch Street.

Heating & Cooling

Cooling Type: None
Heating Type: Wall Furnace

Utilities

Sewer: Public Sewer
Water: Public
# Water Meters: 4
# Gas Meters: 4
# Electric Meters: 4

Structural Information

Foundation: Slab
Roof: Composition
Windows: Double-Pane Windows
Entry Location: ground floor
Stories/Levels: One,Two
Stories Description: One, Two
Square Feet: 2,744
Year Built: 1990

Unit Information

Unit 1

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 2

Unit 2

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 2

Unit 3

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 1

Unit 4

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 1

Lot Features

Property View: None
Lot Size (Acres): 0.2066
Lot Size Source: Assessor
Lot Description: Lawn

Financial Considerations

Price Per Sq. Ft.: $571.79
Price Per Unit: 387250

Disclosures and Reports

Exclusions: Tenant owned items

Listed by Bhgre Haven Properties, Kurtis Wurster
Sold by RE/MAX Success, Michael Puhek

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Listing agent

— 491 Branch St —

Kurtis Wurster

Bhgre Haven Properties

805-441-1419

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NMLS#: 1598647

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Schools

Schools serving 491 Branch St

School District:San Luis Coastal Unified School District

Name	Grades	Distance
Hawthorne Elementary School, San Luis Obispo, CA 2125 Story Street, San Luis Obispo, CA 93401	K-6	0.1 mi
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405	7-8	2.1 mi
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 491 Branch St

Date

Details

Price

Change

Source

9/09/2026

Sold

$1,569,000

1.29%

MLS

8/13/2026

Listed

$1,549,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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491 Branch St, San Luis Obispo, CA 93401 - Photo 1

Sold

$1,569,000