662 Osos Street

San Luis Obispo, CA 93401

This 1920s triplex property offers potential for renovation, investment and development, nestled in the vibrant heart of downtown San Luis Obispo with views of Cerro San Luis Obispo. Zoned Office (Residential on Commercial RES-NEC) and situated on a spacious 5,000 square foot lot. Triplex includes: attached 2 BED/2 BA unit with attached 1-car garage, attached studio/1 BA unit, and a small detached rear studio/1 BA unit. The backyard offers ample space and convenient additional access via an easement off Walnut St. Per the City of SLO Planning, the lot has a maximum density allowance of 2.00 density units, opening the door to possibilities for expansion or redevelopment. Buyer to verify development potential with the City of SLO. While this property requires major repairs and renovations, it's priced to reflect its as-is sale condition, making this a rare opportunity in downtown San Luis Obispo.

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