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35 Blarney, San Luis Obispo, CA 93405

$2.65M0ba · 5,398 sqft
Lot 208,217 sqft•Commercial/Residential•
Active
•192d on market•MLS# SC-26048875

Property Description

This exceptional multi-unit property delivers strong cash flow from day one with 7 long-term rentals. Most units feature private fenced yards for enhanced tenant appeal and privacy. Set in a peaceful country location yet just minutes from town, it boasts beautiful views of Bishop Peak and Madonna Mountain—ideal for enjoying Central Coast living. With room to add units (subject to county approval, buyer to verify), this is a turnkey cash-flow opportunity with excellent growth potential in one of California's most sought-after areas. Perfect for investors seeking proven performance, privacy, stunning scenery, and prime location. See listing agent for additional income opportunities.

Features & Amenities

FeeBuilt 1930

Property Details

Land Type
Fee
Year Built
1930
Property Type
Residential Income
Property Subtype
Commercial/Residential
Parking Spaces
0
Garage Spaces
0
View
Mountain(s)
Roof
Asphalt
City
San Luis Obispo
Zip Code
93405
County
San Luis Obispo
Listed byKestly Realty Group Inc., Troy Gray

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,399.84
Principal & Interest
Loan Amount
$2,120,000
Total Interest
$2,703,943
Total Payment Over 30 Years
$4,823,943
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 0 active · 1 closed

35 BLARNEY, San Luis Obispo, CA 93405

San Luis Obispo · Commercial/Residential

$2.95M
Luxury Tier
Beds
0
Baths
0
Sqft
5,398
Lot
4.78 ac
Year
1930
$/Sqft
$546
Golf: No?
View: Mountain(s)✓

Listed within 5% of the median closed sale price of $3,000,000. At $546/sqft, the subject is above the comp average of $488/sqft. Luxury tier: fewer comparable sales are available, widening the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.95M· $546/sqft
Total list price
Closed comps
vs closed median $3.00M
−$50K (−1.7%)
Active compsinsufficient comp data
Price per sqft
Closed comps
vs closed avg $/sqft $488
+$58 (+11.9%)
Active compsinsufficient comp data

Closed Properties (1)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
400 Ferrini Road, San Luis Obispo, CA 93405San Luis Obispo194005/01/2024006,14518,649$3.00M$3.00M$4881.00-240
Total: 1 · Average0.00.06,14518,649$3.00M$3.00M$01.000
Median6,145$3.00M$3.00M
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.