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
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: hal sweasey
Office: keller williams realty central coast
MLS#:SC25064853
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,550,000
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 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 unitsbuyers 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
- Listing ID #:SC25064853
- Added:287 day(s) ago
- Updated:January 07, 2026 at 08:37 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Finances and disclosures
- Price:$1,550,000
New listings near 389 Pismo & 1417 Carmel
- Open Sat, 11am to 1pmNew
$1,099,000Active3 beds 2 baths1,144 sq. ft.2060 Hope Street, San Luis Obispo, CA 93405
MLS# SC25274858Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO - New
$820,000Active3 beds 2 baths1,213 sq. ft.1760 Foreman Court, San Luis Obispo, CA 93405
MLS# SC26000295Listed by: BHGRE HAVEN PROPERTIES - Open Wed, 9:30 to 11:30amNew
$1,275,000Active3 beds 2 baths1,630 sq. ft.4676 Snapdragon, San Luis Obispo, CA 93401
MLS# SC25265319Listed by: RICHARDSON SOTHEBY'S INTERNATIONAL REALTY - Open Sat, 1 to 3pmNew
$465,000Active2 beds 3 baths1,740 sq. ft.3395 S Higuera Street, San Luis Obispo, CA 93401
MLS# ML82030089Listed by: EXP REALTY OF CALIFORNIA INC - Open Wed, 9:30 to 11:30am
$1,349,000Active4 beds 3 baths2,060 sq. ft.4431 Brookpine Drive, San Luis Obispo, CA 93401
MLS# SC25264658Listed by: COMPASS
$529,000Active0.12 Acres0 Santa Maria, San Luis Obispo, CA 93405
MLS# SC25279483Listed by: RICHARDSON SOTHEBY'S INTERNATIONAL REALTY
$1,350,000Active4.38 Acres7114 Orcutt Road, San Luis Obispo, CA 93401
MLS# SC25279324Listed by: BHGRE HAVEN PROPERTIES
$1,350,000Active4.38 Acres7114 Orcutt Road, San Luis Obispo, CA 93401
MLS# SC25279324Listed by: BHGRE HAVEN PROPERTIES
$2,300,000Active3 beds 3 baths3,115 sq. ft.25 Buena Vista Avenue, San Luis Obispo, CA 93405
MLS# SC25262388Listed by: EQUITY UNION
$1,050,000Active5 beds 2 baths1,666 sq. ft.2021 Broad, San Luis Obispo, CA 93401
MLS# SC25276983Listed by: RICHARDSON SOTHEBY'S INTERNATIONAL REALTY