There are multiple listings for this address:
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 Obispo’s 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 the property per seller.
Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas.
Both 3281 and 3291 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy.
3281 Rockview presents a strong income-producing property in one of San Luis Obispo’s 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 the property per seller.
Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas.
Both 3281 and 3291 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy.
Property Details
Price:
$1,295,000
MLS #:
SC26049294
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Mar 10, 2026
Finished Sq Ft:
1,640
Lot Size:
41,818 sqft / 0.96 acres (approx)
Year Built:
1944
See this Listing
Schools
School District:
San Luis Coastal Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
NO
Laundry Features
SEE
Levels
A
Main Level Bathrooms
4
Main Level Bedrooms
7
Exterior
Common Walls
_1CW
Community Features
SDW
View
MT
Financial
Map
Community
- Address3281 Rockview PL 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 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, 3281 Rockview PL San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,295,000 and features 3 beds, 2 baths, and has approximately 1,640 square feet of living space, and was originally constructed in 1944. The current price per square foot is $790. 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 Eighty20 Group. 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. 3281 Rockview PL
San Luis Obispo, CA
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 Obispo’s 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 the property per seller.
Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas.
Both 3281 and 3291 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy.
3281 Rockview presents a strong income-producing property in one of San Luis Obispo’s 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 the property per seller.
Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas.
Both 3281 and 3291 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy.
Property Details
Price:
$1,295,000
MLS #:
SC26049305
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Mar 10, 2026
Lot Size:
41,818 sqft / 0.96 acres (approx)
Year Built:
1944
See this Listing
Schools
School District:
San Luis Coastal Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
NO
Laundry Features
SEE
Levels
A
Main Level Bathrooms
4
Main Level Bedrooms
7
Exterior
Common Walls
_1CW
Community Features
SDW
View
MT
Financial
Map
Community
- Address3281 Rockview PL 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 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, 3281 Rockview PL San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,295,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1944. 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.
