389 Pismo & 1417 Carmel, San Luis Obispo, CA 93401
Local realty services provided by:ERA North Orange County Real Estate



389 Pismo & 1417 Carmel,San Luis Obispo, CA 93401
$1,550,000
- - Beds
- - Baths
- 2,190 sq. ft.
- Multi-family
- Pending
Listed by:hal sweasey
Office:keller williams realty central coast
MLS#:SC25064853
Source:CRMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$707.76
About this home
389 Pismo & 1417 Carmel, this property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. 389 Pismo is a charming 2-bedroom, 1-bath ~890 sq ft house showcasing classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a ¾ bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional units—buyers should check with the city regarding development options. 1417 Carmel is a Duplex featuring 2 One bedroom, 1 bath units with approximately 1144 sq ft total, built in the 1950's. Unit A is the larger of the two, and features a comfortable living room, a washer/dryer closet enclosure in the kitchen and a separate bedroom and full bathroom. Unit B offers an open floor plan with a washer/dryer closet enclosure in the living room, a separate bedroom and a full bath. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!
Contact an agent
Home facts
- Year built:1929
- Listing Id #:SC25064853
- Added:149 day(s) ago
- Updated:August 22, 2025 at 07:33 AM
Rooms and interior
- Living area:2,190 sq. ft.
Structure and exterior
- Year built:1929
- Building area:2,190 sq. ft.
- Lot area:0.25 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$707.76
New listings near 389 Pismo & 1417 Carmel
- Open Sat, 11am to 3pmNew$1,575,000Active2 beds 2 baths1,174 sq. ft.
880 Buchon Street, San Luis Obispo, CA 93401
MLS# PI25189135Listed by: KELLER WILLIAMS REALTY CENTRAL COAST - New$695,000Active1.17 Acres
1675 Paseo De Caballo, San Luis Obispo, CA 93405
MLS# SC25187392Listed by: BHGRE HAVEN PROPERTIES - New$1,575,000Active5 beds 5 baths2,958 sq. ft.
6001 Joan Place, San Luis Obispo, CA 93401
MLS# SC25180611Listed by: COLDWELL BANKER KELLIE & ASSOC - New$1,150,000Active3 beds 3 baths1,887 sq. ft.
3662 Rock Garden Lane, San Luis Obispo, CA 93401
MLS# SC25185727Listed by: THE AVENUE CENTRAL COAST REALTY, INC. - New$1,275,000Active4 beds 4 baths2,124 sq. ft.
1929 San Luis Ranch Road, San Luis Obispo, CA 93405
MLS# SC25185937Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO - Open Sat, 12 to 2pmNew$425,000Active3 beds 2 baths1,260 sq. ft.
1845 Thelma Drive #59, San Luis Obispo, CA 93405
MLS# SC25170831Listed by: BHGRE HAVEN PROPERTIES - Open Sat, 1 to 4pmNew$1,749,000Active5 beds 4 baths2,769 sq. ft.
967 Capistrano Court, San Luis Obispo, CA 93405
MLS# SC25182168Listed by: CENTRAL COAST PROPERTY SALES - New$689,000Active2 beds 2 baths887 sq. ft.
805 Madonna Road #101, San Luis Obispo, CA 93405
MLS# PI25182212Listed by: CHAMPION REAL ESTATE - Open Sat, 12:30 to 2pmNew$1,475,000Active2 beds 3 baths1,434 sq. ft.
783 Toro Street, San Luis Obispo, CA 93401
MLS# SC25183428Listed by: ACQUIRE MORTGAGE & REAL ESTATE - New$1,345,000Active2 beds 2 baths1,443 sq. ft.
581 Higuera Street #307, San Luis Obispo, CA 93401
MLS# SC25183827Listed by: EIGHTY20 GROUP