3380 Bullock Lane, San Luis Obispo, CA 93401

San Luis Obispo
Local realty services provided by:ERA Excel Realty
3380 Bullock Lane,San Luis Obispo, CA 93401
$3,075,000
  • - Beds
  • - Baths
  • 6,971 sq. ft.
  • Multi-family
  • Active
Listed by: michael lopus
Office: colliers international310-621-8838
MLS#:V1-33328
Source:CRMLS

Price summary

  • Price:$3,075,000
  • Price per sq. ft.:$441.11

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...

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Home facts

  • Year built:1977
  • Subdivision & Development:Not Applicable
  • Listing ID #:V1-33328
  • Added:335 day(s) ago
  • Updated:September 19, 2026 at 01:24 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Free Standing Range, Refrigerator
  • Bedroom Description:All Bedrooms Up
  • Living area:6,971 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1977
  • Building area:6,971 sq. ft.
  • Lot area:0.5 Acres
  • Lot Features:Sprinklers None
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,075,000
  • Price per sq. ft.:$441.11

Features and amenities

  • Appliances:Dishwasher, Free Standing Range, Refrigerator

Parking

  • Total parking spaces:16
Based on information from California Regional Multiple Listing Service, Inc. as of October 13, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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