NEW
OPEN 3/11 10:30 am - 12:30 pm
3 2 1,640 0.96 1944
Beds Baths Sq Ft Acres Lot Yr Built

Property Details

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Wednesday, March 11 10:30 am - 12:30 pm Hosted By: Gabe Davis
About this Property

Two leased units generating ~ $97,200 annually plus approved plans per seller for a future 4-bedroom, 2-bath residence capable of producing an estimated ~$65,000+ in additional annual income. 3281 Rockview presents a strong income-producing property in one of San Luis Obispo’s convenient hillside locations. The property includes a 5-bedroom, 3-bath main residence and a separate 2-bedroom, 1-bath unit, creating a flexible configuration for investors or owner-users seeking rental income with long-term upside. Both units are currently leased, producing approximately ~$97,200 in gross annual rent. Approved plans per seller exist for a future 4-bedroom, 2-bath residence on the property, offering the potential to significantly increase income or expand living space. Buyers should verify permit status, square footage, and development potential with the City of San Luis Obispo. The property also includes two RV parking spaces on the upper portion of the lot, and utilities have been extended on the property per seller. Located just minutes from downtown San Luis Obispo, restaurants, shopping, and major commuter routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail areas. Both 3281 and 3291 Rockview are offered for sale, creating

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MLS Listing Information

MLS #

CRSC26049294

MLS Source

California Regional MLS

Days on Site

0

Interior Features

Bedrooms

Ground Floor Bedroom

Fireplace

None

Cooling

None

Exterior Features

Pool

None

Parking, School, and Other Information

Garage/Parking

Garage: 0 Car(s)

Elementary District

San Luis Coastal Unified

High School District

San Luis Coastal Unified

HOA Fee

$0

Contact Agent

Gabe Davis

Eighty20 Group

License #: 02149531

Phone: –

Neighborhood: Around This Home

Neighborhood: Local Demographics

3281 Rockview Pl is a Single Family Residence in San Luis Obispo, CA 93401. This 1,640 square foot property sits on a 0.96 Acres Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,295,000 and was built in 1944. This address can also be written as 3281 Rockview Pl, San Luis Obispo, CA 93401.

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of March 10, 2026. For the most current information, please contact Gabe Davis