$1,299,000

2101 Johnson Avenue, San Luis Obispo, CA 93401

1,727 sqft

Triplex
Built in 1939
7,248sqft lot
3 car garage
$752/sqft
Listed 15 days ago

Property Description

2101 Johnson Avenue is a rare, turnkey triplex in a highly walkable San Luis Obispo location—close to downtown and Cal Poly, yet set on a tree-lined residential street with excellent parking and privacy. The property blends updated interiors, strong operations, and clear upside, making it an appealing option for investors or future owner-users. The front home is a remodeled 2-bed/1-bath cottage of roughly 900 SF with refinished hardwood floors, newer windows, an updated kitchen and bath, fresh paint, and its own single-car garage plus two additional off-street spaces. Behind it are two elevated studio units of about 450 SF each, positioned over their own garages and featuring vaulted ceilings, modern flooring, large decks, generous closets, and loft areas many tenants use as sleeping or office space. Each studio has two designated parking spaces, and there is one extra space on site. All utilities are separately metered, there is coin-operated laundry, and site planning allows for easy access while preserving privacy. Preliminary architectural concepts exist to convert the studios into two-bedroom, two-story units for long-term value-add potential. Offering a blend of stable income performance, desirable location, and strong tenant appeal, this triplex represents an excellent Central Coast income opportunity for investors seeking long-term potential.

Listing Status:: Active
Date Added:: February 27, 2026
Data Last Updated:: March 5, 2026 at 1:17PM
Listing Office:: Invest SLO : 805-709-7143
Listing Agent:: Abel Contreras : 805-709-7143
MLS ID:: PI26039655

General: Quartz CountersWalk-In Closet(s)
Appliances: DisposalGas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorWater Heater
Laundry: Common AreaWasher HookupGas Dryer Hookup
Flooring: LaminateWood
A/C: None
Heating: Forced AirFloor FurnaceNatural Gas
Fireplace: Living RoomFireplace
Disability Feature: Parking

General: Rain Gutters
Style: Traditional
Pool: None
Parking: AssignedDoor-SingleGarageOn SiteGarage Faces SideParking spaces: 3

Roofing: AsphaltShingle
Windows: Double Pane Windows
General: 1Raised

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: San Luis Obispo

Zoning: R2003682038
View: NeighborhoodTrees/WoodsView
Fencing: Wood

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater ConnectedStandard
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Abel Contreras , Invest SLO

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Peep - Prepare

1500 Lizzie St, San Luis Obispo, CA, 93401

Grades KG-12

0.39 miles away

Peep - Prepare

1500 Lizzie St, San Luis Obispo, CA, 93401

Grades KG-12

0.39 miles away

Peep - Prepare

1500 Lizzie St, San Luis Obispo, CA, 93401

Grades KG-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.