Back 1229 Mill Street
Off Market

1229 Mill Street

San Luis Obispo CA 93401

5
4
3
2278 sq. ft.
7500 sq. ft.
Single-Family
Last sold for $1,795,000
Hayley TownleyHayley Townley, last sold this property on 26 November 2025 after 85 days on market.

Overview

Discover a rare opportunity to own three rental units just steps from downtown San Luis Obispo. The main residence, originally built in 1942 and thoughtfully expanded, offers three bedrooms (two downstairs and one upstairs) and one full bath. Highlights include gleaming hardwood floors, a tile kitchen with pantry, central air conditioning, an on-demand hot water heater and even an outdoor shower. The one-car garage includes laundry, and the backyard features space for gardening along with a handy storage shed. Currently leased through June 2026. The back duplex, built in 1950, features two one-bedroom, one-bath units—each with its own personality. One side boasts vintage charm with a cheerful yellow-tile kitchen, extra utility closet, and laundry hookups. The other side has been tastefully remodeled, showcasing a walk-in closet, a playful keyhole entrance to the kitchen, and an in-unit washer/dryer. The duplex is also equipped with an on-demand hot water heater for modern efficiency. Whether you’re looking for a strong income property or a chance to own a piece of downtown SLO with rental flexibility, this property offers it all. Don’t miss your chance to invest in one of San Luis Obispo’s most desirable locations!

Features

5 bedrooms
4 bathrooms
3 carspaces
2 open car spaces
1 garage space
2278 sq. ft. floor area
7500 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in San Luis Obispo over the last 12 months, the estimated median property value of 1229 Mill Street is $2.17m.

Median value
$2.17m
Estimated value range
$875k - $4.98m
Median days on market
27
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in San Luis Obispo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1229 Mill Street

2025
Sold
$1,795,000
26 Nov 2025 by Hayley Townley, of Comet Realty

Happy sellers in San Luis Obispo

87%
87% of sellers in San Luis Obispo reported that their sale price either exceeded or met their price expectations.

San Luis Obispo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in San Luis Obispo over the last 12 months.

Local market activity for 5 bedroom single-family properties in San Luis Obispo

In the last 12 months, 10 five-bedroom single-family properties similar to 1229 Mill Street, have been sold.

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