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  • 389 Pismo Street

389 Pismo Street, San Luis Obispo, CA 93401

$1,799,000 Approx. USD 4 beds, 3 baths
2,190 sqft
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Photo of Sharon Miyahira

Sharon Miyahira REALTOR® - Sales Associate 805-444-5622 m
805-444-5622 o
Lic#: 01114829
NRDS ID: 211501887
SharonMiyahira@bhhscal.com Text Me
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Lic#: 01114829
NRDS ID: 211501887
SharonMiyahira@bhhscal.com Ventura Office
789 S. Victoria Ave., Suite 100
Ventura, CA 93003
Phone: 805-677-7300
Fax: 805-644-8278
 Ventura 789 S. Victoria Ave., Suite 100
Ventura, CA 93003
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Fax: 805-644-8278
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Listing Agent


Hal Sweasey
Lic#: 01111911
Broker: Courtesy of Keller Williams Realty Central Coast
Phone: 805-781-3750

Agent Remarks

389 Pismo & 1417 Carmel, this property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. 389 Pismo is a charming 2-bedroom, 1-bath ~890 sq ft house showcasing classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional unitsbuyers should check with the city regarding development options. 1417 Carmel is a Duplex featuring 2 One bedroom, 1 bath units with approximately 1144 sq ft total. Unit A is the larger of the two, and features a comfortable living room, a washer/dryer closet enclosure in the kitchen and a separate bedroom and full bathroom. Unit B offers an open floor plan with a washer/dryer closet enclosure in the living room, a separate bedroom and a full bath. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!

Listing Details

Property type: Detached (Single Family)
Status: ACTIVE
MLS# SC25040274
Price: $1,799,000
HOA Fee is $0.00
Beds: 4
Baths: 3 (3 full)
FP in Living Room fireplaces
2,190 sqft
1 story
0.25 acres
County: San Luis Obispo
Parking type: Garage
Appliances: Electric Oven,Electric Range
Parking description: Garage
Heating description: Forced Air Unit

Last Updated: 6/12/2026

 Days On Market (DOM): 475

 Find more San Luis Obispo homes and real estate

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Lat/Long: 35.273912, -120.666487.
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Source: SDM. Also Available in SC25046885,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Sharon Miyahira

Sharon Miyahira REALTOR® - Sales Associate 805-444-5622 m
805-444-5622 o
Lic#: 01114829
NRDS ID: 211501887
SharonMiyahira@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01114829
NRDS ID: 211501887
SharonMiyahira@bhhscal.com
Ventura Office
789 S. Victoria Ave., Suite 100
Ventura, CA 93003
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