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3281 Rockview Pl
For Sale $1,295,000 ($789.63 per Sq Ft)
$1,295,000 ($789.63 per Sq Ft)
- 3 Bedrooms
- 2 Bathrooms
- 1,640 Sq Ft
- 41,818 Sq Ft
Description
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 the potential for a larger estate footprint or expanded investment strategy.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,295,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,640 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1944 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 004591005 |
| MLS # | SC26049294 |
| Property ID | 322658126 |
| Lot Sqft | 41,818 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 67 |
| Original List Price | $1,295,000 |
| Date Updated | April 02, 2026 |
| Date Created | February 27, 2026 |
Listing Provided By
Gabe Davis an agent of . Lic #02149531
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of April 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT