Prime investment opportunity in the highly sought-after “Golden Zone” just steps from California Polytechnic State University. This charming property offers an ideal blend of location, flexibility, and future development potential.
The existing home features 3 bedrooms and 2 bathrooms, thoughtfully updated with a newer kitchen and somewhat remodeled bathrooms, creating a comfortable and move-in ready living space. An indoor laundry room adds everyday convenience, while the flexible floor plan offers the potential to convert the dining room or kitchen area into a fourth bedroom—maximizing use and versatility.
From the street, the home boasts darling curb appeal with low-maintenance, drought-resistant landscaping, a turf lawn, and a welcoming front deck—perfect for enjoying the Central Coast lifestyle without the upkeep.
What truly sets this property apart are the City-approved plans for a 4-bedroom ADU, presenting a rare and valuable opportunity to significantly increase long-term value in one of the most desirable locations in San Luis Obispo.
The current lease is in place through 6/30/2026, offering a clear timeline for future planning.
Whether you’re looking to expand your portfolio, secure a prime location near campus, or capitalize on development potential, this is an exceptional opportunity you won’t want to miss.
The existing home features 3 bedrooms and 2 bathrooms, thoughtfully updated with a newer kitchen and somewhat remodeled bathrooms, creating a comfortable and move-in ready living space. An indoor laundry room adds everyday convenience, while the flexible floor plan offers the potential to convert the dining room or kitchen area into a fourth bedroom—maximizing use and versatility.
From the street, the home boasts darling curb appeal with low-maintenance, drought-resistant landscaping, a turf lawn, and a welcoming front deck—perfect for enjoying the Central Coast lifestyle without the upkeep.
What truly sets this property apart are the City-approved plans for a 4-bedroom ADU, presenting a rare and valuable opportunity to significantly increase long-term value in one of the most desirable locations in San Luis Obispo.
The current lease is in place through 6/30/2026, offering a clear timeline for future planning.
Whether you’re looking to expand your portfolio, secure a prime location near campus, or capitalize on development potential, this is an exceptional opportunity you won’t want to miss.
Property Details
Price:
$1,575,000
MLS #:
SC26077014
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Apr 10, 2026
Finished Sq Ft:
1,471
Lot Size:
5,100 sqft / 0.12 acres (approx)
Year Built:
1953
See this Listing
Schools
School District:
San Luis Coastal Unified
High School:
San Luis Obispo
Interior
Appliances
DW, GD, MW, GR, BIR
Bathrooms
2 Full Bathrooms
Cooling
NO
Flooring
LAM, CARP
Heating
CF
Interior Features
QTZC
Laundry Features
IR, IN, DINC, WINC
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
3
Exterior
Common Walls
NCW
Community Features
STM, SUB, CRB, CW
Other Structures
SH
Patio And Porch Features
DK, STN, WOD
Roof
CMP
Security Features
SD, COD
Spa Features
NO
View
CI, HI, MT, NE
Window Features
BLI
Financial
Map
Community
- Address241 Henderson San Luis Obispo CA
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93405
Subdivisions in San Luis Obispo
Market Summary
Current real estate data for Single Family in San Luis Obispo as of Apr 23, 2026
291
Single Family Listed
127
Avg DOM
614
Avg $ / SqFt
$956,572
Avg List Price
Property Summary
- Located in the San Luis Obispo(380) subdivision, 241 Henderson San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93405. It is listed for $1,575,000 and features 3 beds, 2 baths, and has approximately 1,471 square feet of living space, and was originally constructed in 1953. The current price per square foot is $1,071. The average price per square foot for Single Family listings in San Luis Obispo is $614. The average listing price for Single Family in San Luis Obispo is $956,572.
Similar Listings Nearby
Courtesy of The Avenue Central Coast Realty, Inc.. 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. 241 Henderson
San Luis Obispo, CA
