1420-1428 Johnson Avenue, San Luis Obispo, CA 93401

Nestled in a prime San Luis Obispo location just minutes from downtown, 1420 & 1428 Johnson Avenue presents a rare and versatile investment opportunity featuring three well-maintained residential units on one property. Thoughtfully configured for flexible ownership, rental income, or multi-generational living, this unique property blends charm, privacy, and functionality. The front bungalow at 1420 Johnson, originally built in 1925, offers approximately 800 square feet and enjoys a private setting separate from the other units. This charming 2-bedroom, 1-bath home features a comfortable living room, a separate eat-in kitchen, and a private front yard space that enhances its classic character and livability. The attached studio unit, added on in 1943, approximately 400 square feet, has been tastefully updated in recent years and features its own private rear entrance. Highlights include newer dual-pane replacement windows, an oversized updated kitchen, a 3/4 bathroom, spacious studio living area with room for both bedroom and living furnishings, and a built-in closet organization system. The bungalow and studio share laundry facilities and utilities. Built in 2005, the detached rear residence at 1428 Johnson Avenue is approximately 1,000 square feet and operates independently with separate utilities. Positioned above an expansive 3-car garage, this thoughtfully designed upstairs home offers an open-concept floor plan with the kitchen and living room flowing seamlessly together, creating a bright and airy atmosphere. The layout includes a spacious primary bedroom and full bat