3281 Rockview Place, San Luis Obispo, CA 93401

San Luis Obispo
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
3281 Rockview Place,San Luis Obispo, CA 93401
$1,295,000
  • 3 Beds
  • 2 Baths
  • 1,640 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Wed, Mar 11
    10:30 am - 12:30 pm
Listed by: gabe davis
Office: eighty20 group
MLS#:SC26049294
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$789.63

About this home

Two leased units generating ~ $97,200 annually plus approved plans per seller for a future 4-bedroom, 2-bath residence capable of producing an estimated ~$65,000+ in additional annual income. 3281 Rockview presents a strong income-producing property in one of San Luis Obispos convenient hillside locations. The property includes a 5-bedroom, 3-bath main residence and a separate 2-bedroom, 1-bath unit, creating a flexible configuration for investors or owner-users seeking rental income with long-term upside. Both units are currently leased, producing approximately ~$97,200 in gross annual rent. Approved plans per seller exist for a future 4-bedroom, 2-bath residence on the property, offering the potential to significantly increase income or expand living space. Buyers should verify permit status, square footage, and development potential with the City of San Luis Obispo. The property also includes two RV parking spaces on the upper portion of the lot, and utilities have been extended on

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Home facts

  • Year built:1944
  • Listing ID #:SC26049294
  • Added:4 day(s) ago
  • Updated:March 10, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,640 sq. ft.

Structure and exterior

  • Year built:1944
  • Building area:1,640 sq. ft.
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$789.63
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