356 N Chorro, San Luis Obispo, CA 93405
Local realty services provided by:ERA Donahoe Realty
356 N Chorro,San Luis Obispo, CA 93405
$3,700,000
- - Beds
- - Baths
- 9,360 sq. ft.
- Multi-family
- Active
Listed by: michael puhek, lynn neal
Office: re/max success805-481-9800
MLS#:PI26222236
Source:CRMLS
Price summary
- Price:$3,700,000
- Price per sq. ft.:$395.3
About this home
Welcome to Leland Lofts, a 14-unit multifamily property in the heart of San Luis Obispo.
Across three buildings, the property offers 12 studios, 2 one-bedroom residences with 1 1/2 baths, on-site laundry, storage and 16 parking spaces and 5 storage spaces. The location puts residents within a short walk or bike ride to Cal Poly, the Foothill shopping and dining district and downtown San Luis Obispo.
The current tenant culture consists of working professionals, some of whom work at Cal Poly.
In recent years current ownership has invested in the property with new windows, new roof, exterior painting, fencing, landscaping and site improvements, new commercial laundry equipment and renovations in multiple units.
The property is currently fully occupied with month to month leases.
Leland Lofts offers strong current income with potential to raise rents and from unrented storage units. Explore future improvements with the City for additional units subject to independent feasibility review and required approvals.
Note: Unit #14 is not included in the list, as the listing only provides space for 13 units. Unit #14 is a 1 bedroom/1.5 bath unit with a current rent of $2,000/month.
Broker makes no claim in regards to market rents or construction enhancements.
All information dispersed is deemed reliable, but not guaranteed. Buyer and buyer's agent or broker to confirm all facts relating to the property....
Contact an agent
Home facts
- Year built:1983
- Subdivision & Development:San Luis Obispo(380)
- Listing ID #:PI26222236
- Added:14 day(s) ago
- Updated:October 28, 2026 at 04:31 AM
Rooms and interior
- Living area:9,360 sq. ft.
Heating and cooling
- Heating:Forced Air, Wall Furnance
Structure and exterior
- Roof:Composition, Shingle
- Year built:1983
- Building area:9,360 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Street Level
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,700,000
- Price per sq. ft.:$395.3
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:16
- Parking description:6 Carport Space(s)
- Garage:Yes
- Garage spaces:16
- Carport spaces:6
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