3380 Bullock Lane, San Luis Obispo, CA 93401
Local realty services provided by:ERA North Orange County Real Estate
3380 Bullock Lane,San Luis Obispo, CA 93401
$3,075,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael lopus
Office: colliers international
MLS#:V1-33328
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,075,000
About this home
3380 Bullock Lane presents a rare opportunity to acquire a turn-key, pride of ownership multifamily asset in one of San Luis Obispo's most sought-after rental markets. The 8-unit property has been meticulously maintained and thoughtfullyupgraded, featuring modern interiors with luxury vinyl plank flooring, updated kitchens with stainless-steel appliances, and spacious open-concept living areas with private patios. The building demonstrates strong in-place rents and steady operational performance, offering both secure income and upside potential through continued rent growth in a supply-constrained submarket. Residents enjoy convenient access to Downtown SLO, Cal Poly University, and major employers, with abundant on-site parking and on-site laundry facilities. With a current CAP rate of 4.8% and a market CAP rate approaching 5.2%, this property provides an attractive blend of yield, stability, and long-term appreciation. 3380 Bullock Lane is the ideal acquisition for an investor seeking a well-positioned, low-maintenance asset in a thriving Central Coast market--perfect for 1031 exchange buyers or those looking to expand their portfolio with a high-quality multifamily property in San Luis Obispo. Laundry is on-site coin-operated laundry facilites....
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Home facts
- Listing ID #:V1-33328
- Added:319 day(s) ago
- Updated:September 27, 2026 at 02:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$3,075,000
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