Nestled in a prime San Luis Obispo location just minutes from downtown, 1420 & 1428 Johnson Avenue presents a rare and versatile investment opportunity featuring three well-maintained residential units on one property. Thoughtfully configured for flexible ownership, rental income, or multi-generational living, this unique property blends charm, privacy, and functionality.
The front bungalow at 1420 Johnson, originally built in 1925, offers approximately 800± square feet and enjoys a private setting separate from the other units. This charming 2-bedroom, 1-bath home features a comfortable living room, a separate eat-in kitchen, and a private front yard space that enhances its classic character and livability.
The attached studio unit, added on in 1943, approximately 400± square feet, has been tastefully updated in recent years and features its own private rear entrance. Highlights include newer dual-pane replacement windows, an oversized updated kitchen, a 3/4 bathroom, spacious studio living area with room for both bedroom and living furnishings, and a built-in closet organization system. The bungalow and studio share laundry facilities and utilities.
Built in 2005, the detached rear residence at 1428 Johnson Avenue is approximately 1,000± square feet and operates independently with separate utilities. Positioned above an expansive 3-car garage, this thoughtfully designed upstairs home offers an open-concept floor plan with the kitchen and living room flowing seamlessly together, creating a bright and airy atmosphere. The layout includes a spacious primary bedroom and full bathroom situated privately on one side of the home, along with a private balcony for outdoor enjoyment. Separate laundry is conveniently located within the garage. 5+ Onsite Parking Spaces.
Exceptionally maintained and ideally located, this property offers strong investment potential, flexible living arrangements, and long-term value in one of San Luis Obispo’s most desirable neighborhoods.
The front bungalow at 1420 Johnson, originally built in 1925, offers approximately 800± square feet and enjoys a private setting separate from the other units. This charming 2-bedroom, 1-bath home features a comfortable living room, a separate eat-in kitchen, and a private front yard space that enhances its classic character and livability.
The attached studio unit, added on in 1943, approximately 400± square feet, has been tastefully updated in recent years and features its own private rear entrance. Highlights include newer dual-pane replacement windows, an oversized updated kitchen, a 3/4 bathroom, spacious studio living area with room for both bedroom and living furnishings, and a built-in closet organization system. The bungalow and studio share laundry facilities and utilities.
Built in 2005, the detached rear residence at 1428 Johnson Avenue is approximately 1,000± square feet and operates independently with separate utilities. Positioned above an expansive 3-car garage, this thoughtfully designed upstairs home offers an open-concept floor plan with the kitchen and living room flowing seamlessly together, creating a bright and airy atmosphere. The layout includes a spacious primary bedroom and full bathroom situated privately on one side of the home, along with a private balcony for outdoor enjoyment. Separate laundry is conveniently located within the garage. 5+ Onsite Parking Spaces.
Exceptionally maintained and ideally located, this property offers strong investment potential, flexible living arrangements, and long-term value in one of San Luis Obispo’s most desirable neighborhoods.
Property Details
Price:
$1,375,000
MLS #:
SC26110371
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
May 27, 2026
Total Sq Ft:
2,380
Lot Size:
7,250 sqft / 0.17 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Appliances
DW, RF, GR
Cooling
NO
Flooring
LAM, WOOD, CARP
Heating
FA
Interior Features
CF, ST
Laundry Features
AR, IG
Levels
A, U
Exterior
Accessibility Features
NO
Architectural Style
COT
Common Walls
_1CW
Community Features
SDW, CRB
Construction Materials
STC, HAR
Garage Spaces
3
Parking Spots
8
Parking Total
8
Roof
CMP
Spa Features
NO
View
CI
Financial
Map
Community
- Address1428 Johnson AV San Luis Obispo CA
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
Market Summary
Current real estate data for Single Family in San Luis Obispo as of Jun 07, 2026
231
Single Family Listed
152
Avg DOM
664
Avg $ / SqFt
$1,040,102
Avg List Price
Property Summary
- Located in the San Luis Obispo(380) subdivision, 1428 Johnson AV San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,375,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1925. The average price per square foot for Single Family listings in San Luis Obispo is $664. The average listing price for Single Family in San Luis Obispo is $1,040,102.
Similar Listings Nearby
Courtesy of Central Coast Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The California Company include the name of the listing broker. Neither the listing company nor The California Company shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1428 Johnson AV
San Luis Obispo, CA
