Property listed by Eighty20 Group, Gabe Davis 408-960-5650
$1,425,000
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… Read More 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 limited, 3291 Rockview stands apart.
Both 3291 and 3281 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,632
Lot Size
0.96 Acres
Year Built
1980
MLS Number
SC26044748
Additional Details
Building
Built in 1980, Living area: 1632.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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