662 Osos Street, San Luis Obispo, CA 93401

• 4 beds |
• 4 baths |
• 1,334 sqft

Property Description

This 1920s triplex property offers potential for renovation, investment and development, nestled in vibrant downtown San Luis Obispo with views of Cerro San Luis peak. Triplex includes: attached 2 BED/2 BA unit with attached 1-car garage, attached studio/1 BA unit, and a small detached rear studio/1 BA unit. Zoned Office (Residential on Commercial RES-NEC) and situated on a spacious 5,000 square foot lot. The backyard offers ample space and convenient additional access via an easement off Walnut St. Per the City of SLO Planning, the lot has a density allowance of at least 2.00 density units, opening the door to possibilities for expansion or redevelopment. Buyer to verify development potential with the City of SLO. While this property requires major repairs and renovations, it's priced to reflect its as-is sale condition, making this a rare opportunity in downtown San Luis Obispo.

Listing Status:

Active

Date Added:

March 6, 2026

Data Last Updated:

April 16, 2026 at 7:11AM

Listing Office:

Compass : 805-544-7000

Listing Agent:

Ellie Washington : 805-225-4011

MLS ID:

SC26051750

Interior

• Appliances: N/KGas Range
• Flooring: CarpetLaminate
• A/C: N/K
• Heating: Wall/Gravity
• Fireplace: N/K
• Disability Feature: None

Exterior

• General: N/K
• Style: CraftsmanCraftsman/Bungalow
• Pool: N/K
• Parking: Garage - Single DoorParking spaces: 1

Construction

• General: Wood1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: San Luis Obispo

Lot

• Zoning: O002313003
• View: Mountains/Hills

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS