This rare downtown offering includes a 1925 Craftsman bungalow plus two separate one-bed/one-bath units, all located just two blocks from the heart of San Luis Obispo and next door to Mitchell Park. Positioned on the corner of Morro and Pismo Streets, this property blends historic character, income-producing flexibility, and exceptional walkability. The main house (1,582 sq ft) features a deep front porch, tall ceilings, and expansive original windows that fill the home with natural light. The generous living room includes a fireplace and classic Craftsman detailing. Two large front bedrooms share a Jack-and-Jill bath, while the formal dining room can serve as a third bedroom or flex space. A smaller fourth bedroom sits at the rear of the home alongside a laundry area and ¼ bath. With a newer roof and preserved period elements throughout, the home offers excellent potential for restoration and enhancement of a true century-old Craftsman. Behind the main residence are two well-designed one-bed/one-bath units, each approximately 792 sq ft and each including a kitchen, living area, bedroom, and full bath. The upper unit features a new deck with stairs leading to a private backyard space; the lower unit enjoys direct yard access as well. These units provide strong rental income
MLS #
CRNS25261033
MLS Source
California Regional MLS
Days on Site
11
Bedrooms
Ground Floor Bedroom
Bathrooms
Jack and Jill
Appliances
Oven Range - Gas
Dining Room
In Kitchen, Other
Fireplace
Living Room
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Raised, Slab
Pool
None
Style
Bungalow, Craftsman
Garage/Parking
Garage, Off-Street Parking, Other, Garage: 2 Car(s)
Elementary District
San Luis Coastal Unified
High School District
San Luis Coastal Unified
HOA Fee
$0
Zoning
R-3-H
1346 Morro is a Triplex in San Luis Obispo, CA 93401. This 3,110 square foot property sits on a 7,134 Sq Ft Lot and features 6 bedrooms & 3 full bathrooms. It is currently priced at $1,649,000 and was built in 1925. This address can also be written as 1346 Morro, San Luis Obispo, CA 93401.
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This listing information is up-to-date as of November 27, 2025. For the most current information, please contact Ian Chandler, (530) 545-9561