
San Luis Obispo, California 93401
This Historic Duplex presents a Strong Value Opportunity, listed at $1,350,000—positioned above the $1,262,639 Fair Market Value by -6%. While the property requires cosmetic updates given its Condition Rating of 4, the Dual-Unit Income Potential and Historic Craftsman Character provide a solid foundation for value-add renovations. Located in the heart of the downtown district, this asset offers significant flexibility for rental income or multi-generational living. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic downtown lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1160 Buchon Subject | $1,350,000* List Price | 0 | 0 | 2,403 | $525 | - |
A 1346 Morro Sold | $1,579,000 | 0 | 0 | 3,110 | $508 | 0.2 mi |
B 1346 Morro Sold | $1,579,000 | 6 | 4 | 3,110 | $508 | 0.2 mi |
C 1420-1428 Johnson Avenue Active | $1,375,000 List Price | 0 | 0 | 2,380 | $578 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this historic duplex is well-maintained but dated. While the exterior shows a newer roof and updated electrical panels, the interior features older carpeting, aged built-ins with visible wear, and a kitchen/bath footprint that appears to be over 20 years old. The property is move-in ready but requires cosmetic updates and minor repairs to exterior wooden stairs and decking.
Built in 1910, the property features authentic architectural details including high ceilings, original wood trim, and built-in cabinetry that preserve its timeless Craftsman appeal.
The property includes a main 3-bedroom residence and a separate 1-bedroom unit, offering excellent flexibility for rental income, multi-generational living, or a home office setup.
Situated in the desirable Historic District, the home is within walking distance to the Downtown San Luis Obispo Farmers’ Market, local dining, and boutique shopping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7112, other record lot size in square feet = 6825.
With only one bathroom serving the three-bedroom main residence, the layout may be less convenient for larger families or modern buyer expectations.
Given the 1910 construction date and the presence of a dirt-floor barn, the property likely requires significant ongoing maintenance or modernization of core systems.
Step into a rare piece of San Luis Obispo history at 1158–1160 Buchon Street, a charming early-1900s home rich in original character and timeless Craftsman-style appeal. The main residence (1160 Buchon) features a 3-bedroom, 1-bathroom layout anchored by authentic early-1900s style, including high ceilings, classic architectural wood trim, and a built-ins classic for times. The secondary residence (1158 Buchon) is a smaller, self-contained 1-bedroom, 1-bathroom unit with a compact kitchen footprint, perfect for rental income or multi-generational living. Located within the desirable Historic District, this unique offering blends vintage architecture, flexible living opportunities, and an exceptional in-town location. A large detached dirt floor barn adds additional versatility for storage, workshop space, parking, or future creative use. Throughout both homes, the craftsmanship of the era remains evident with high ceilings, built-in cabinetry, and enduring design elements that reflect the character and quality of early California homes. The inviting Craftsman aesthetic carries throughout the property, creating warmth and authenticity rarely found today. Ideally situated within walking distance to the renowned Downtown San Luis Obispo Farmers’ Market, local shops, dining, and nearby amenities. This location offers the best of historic downtown living. Ample street parking further enhances convenience for residents and guests alike. A rare opportunity to own an iconic San Luis Obispo property with vintage appeal, income potential, and an unbeatable downtown location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,403 | 2,403 | 50% |
| Lot Size | 7,112 | 7,134 | 20% |
| Price | $1.35M | $1.50M | 20% |
| Price per sq ft | $562 | $562 | 50% |
| Built year | 1910 | 1910 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 40 | 20% |
Jun 3, 2026
$1,350,000
Initial Listing