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Listed by Gabe Davis, DRE #02149531 • Eighty20 Group
$ 1,345,000
Est. payment | /mo
3 Beds
2 Baths
1,632 SqFt
$ 1,345,000
Est. payment | /mo
3 Beds
2 Baths
1,632 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,632 sqft
Price per Sqft $824
MLS Listing ID CRSC26044748
Bedrooms 3
Full Baths 2
Year Built 1980
Lot Size 0.960 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Approved plans on a separate building pad, two leased units generating ~ $70,800 annually, and elevated views; this is a premier investment opportunity in San Luis Obispo. 3291 Rockview combines income, views, and expansion momentum in one of SLO's most convenient hillside locations. The property includes a 3-bedroom, 2-bath main residence of approximately 1,632 square feet and a separate 1-bedroom, 1-bath ADU of approximately 600 square feet. Both units are currently leased, providing immediate revenue while future plans move forward. The upper portion of the lot features an elevated build site with approved plans per seller, and water and sewer have been extended to that area. The separation between the existing improvements and the upper terrace allows flexibility for additional construction while maintaining usable yard space. The lot size and orientation support view-oriented outdoor living, private yard space, or pool design. Generate income while planning your next home. Positioned just minutes from downtown San Luis Obispo, restaurants, shopping, and major routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail corridors. In a market where properties offering existing income and approved expansion components are
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Cooling None
Fireplaces Type None
Laundry Other
Exterior
Pool None
View Hills
Building
Story One Story
Water District - Public
Others
Tax ID 004591012
Special Listing Condition Not Applicable

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