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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.
The income description goes here to explain
| List Price | $1,299,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,727 |
| Number of Stories | 2 stories |
| Parking Spots | 3 spots |
| Year Built | 1939 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 003682038 |
| MLS # | PI26039649 |
| Property ID | 322629529 |
| Lot Sqft | 7,250 |
| Zoning | R2 |
| Total Units | 3 |
| Days on Market | 14 |
| Original List Price | $1,299,000 |
| Applicances | Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Water Heater% |
| Date Updated | February 27, 2026 |
| Date Created | February 18, 2026 |
Abel Contreras an agent of . Lic #02062620
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 27, 2026 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 consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT