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2101 Johnson Ave

San Luis Obispo, CA 93401

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$1,299,000

1,727 sq ft
  |  
0.17 acre

2101 Johnson Ave

San Luis Obispo, CA 93401

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Listed On: 02/27/2026
Status: Active
Listing Number: PI26039655 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Abel Contreras, Invest SLO

2101 Johnson Avenue is a rare, turnkey triplex in a highly walkable San Luis Obispo location-close to downtown and Cal Poly, yet set on a tree-lined residential street with excellent parking and privacy. The property blends updated interiors, strong operations, and clear upside, making it an appealing option for investors or future owner-users. The front home is a remodeled 2-bed/1-bath cottage of roughly 900 SF with refinished hardwood floors, newer windows, an updated kitchen and bath, fresh paint, and its own single-car garage plus two additional off-street spaces. Behind it are two elevated studio units of about 450 SF each, positioned over their own garages and featuring vaulted ceilings, modern flooring, large decks, generous closets, and loft areas many tenants use as sleeping or office space. Each studio has two designated parking spaces, and there is one extra space on site. All utilities are separately metered, there is coin-operated laundry, and site planning allows for easy access while preserving privacy. Preliminary architectural concepts exist to convert the studios into two-bedroom, two-story units for long-term value-add potential. Offering a blend of stable income performance, desirable location, and strong tenant appeal, this triplex represents an excellent Central Coast income opportunity for investors seeking long-term potential.
Property Sub Type
Triplex
Year Built
1939
Year Built Source
Public Records
Special Listing Conditions
Standard
Stories Total
2
Levels
One, Two
Number Of Buildings
2
Number Of Units Total
3
Entry Level
1
Entry Location
Front Door
Price Per Square Foot
$752
Price Per Unit
$433,000
Days On London
1
Cumulative Days On London
1
County Or Parish
San Luis Obispo
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
Yes
Cooling Y/N
No
Fence Y/N
Yes
Heating Y/N
Yes
Directions
Head northeast on Monterey St, turn right onto Johnson Ave, turn right to stay on Johnson Ave, the destination will be on the right.
Disclosures
Principal Is RE Licensed
Architectural Style
Traditional
Room Type
Walk-In Closet, Laundry, Kitchen, Living Room
Heating
Natural Gas, Forced Air, Floor Furnace
Cooling
None
Laundry Y/N
Yes
Laundry Features
Gas Dryer Hookup, Community, Washer Hookup, Common Area
Laundry Equipment Own Lease
Lease
Roof
Shingle, Asphalt
Door Features
Sliding Doors
Window Features
Double Pane Windows
Foundation Details
Raised
Property Condition
Turnkey
Appliances Y/N
Yes
Appliances
Water Heater, Disposal, Microwave, Refrigerator, Gas Water Heater, Gas Range, Gas Oven
Interior Features
Quartz Counters
Accessibility Features
Parking
Flooring
Wood, Laminate
Common Walls
1 Common Wall
Fireplace Y/N
Yes
Fireplace Features
Living Room
Exterior Features
Rain Gutters
Pool Features
None
Pool Private Y/N
No
Spa Y/N
No
Spa Features
None
Average Studio Area
450
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area
900
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
4
Number Of Separate Gas Meters
4
Number Of Separate Water Meters
4
Electric
Standard
Utilities
Natural Gas Connected, Phone Available, Sewer Connected, Cable Available, Electricity Connected, Water Connected
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
3.00
Parking Features
Garage, Assigned, On Site, Garage - Single Door, Garage Faces Side
Garage Spaces
3.00
Lot Features
2-5 Units/Acre
Lot Size Area
7250.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Road Frontage Type
City Street
Road Surface Type
Paved
View Y/N
Yes
View
Trees/Woods, Neighborhood
Fencing
Wood
Common Interest
None
Parcel Number
003682038
Additional Parcels Y/N
No
Zoning
R2
Subdivision Name
San Luis Obispo(380)
Subdivision Name Other
San Luis Obispo(380)
Community Features
Curbs, Hiking, Sidewalks, Park
Senior Community Y/N
No
Association Y/N
No
Number Of Units Leased
3
Tenant Pays
All Utilities
Gross Income
71400.00
Operating Expense
24751.00
Land Lease Y/N
No
Insurance Expense
1364.00
Electric Expense
810.00
Water Sewer Expense
810.00
Maintenance Expense
2142.00
Maintenance Percent
3.00
Gardener Expense
1440.00
Professional Management Expense
297.50
New Taxes Expense
14613.00
Gross Scheduled Income
71400.00
Gross Income
71400.00
Total Expenses
24751.00
Net Operating Income
46648.00
Operating Expense
24751.00
Gross Income
71400.00
Net Operating Income
46648.00
Tax Block
1
Tax Lot
6

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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