Introducing "Railhouse Cottage" —a rare opportunity in the heart of San Luis Obispo. With an R-2 zoning this lot allows for two single-family residences, making it perfect for investors, developers, or those looking to create a multi-generational living setup.
Located in the desirable Railroad District, just blocks from Downtown and directly across from Mitchell Park, this 2-bedroom, 1-bath bungalow sits on a prime lot with endless potential. Live in the existing home while you plan your second residence, or explore building two new homes from the ground up.
Enjoy unbeatable walkability — minutes to the Thursday Night Farmers’ Market, the SLO Food Co-op, local coffee shops, restaurants, and more.
Whether you’re looking to build, invest, or simply enjoy all that San Luis Obispo has to offer, this is a property that checks all the boxes.
Located in the desirable Railroad District, just blocks from Downtown and directly across from Mitchell Park, this 2-bedroom, 1-bath bungalow sits on a prime lot with endless potential. Live in the existing home while you plan your second residence, or explore building two new homes from the ground up.
Enjoy unbeatable walkability — minutes to the Thursday Night Farmers’ Market, the SLO Food Co-op, local coffee shops, restaurants, and more.
Whether you’re looking to build, invest, or simply enjoy all that San Luis Obispo has to offer, this is a property that checks all the boxes.
Property Details
Price:
$899,000
MLS #:
PI25175481
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Aug 1, 2025
Finished Sq Ft:
726
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1947
See this Listing
Schools
School District:
San Luis Coastal Unified
Interior
Appliances
Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
Wood
Laundry Features
Gas Dryer Hookup, Inside, Washer Hookup
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Parking Features
Driveway, Driveway Level
Parking Spots
0.00
Financial
Map
Community
- Address973 Buchon Street San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Market Summary
Current real estate data for Single Family in San Luis Obispo as of Sep 05, 2025
94
Single Family Listed
98
Avg DOM
762
Avg $ / SqFt
$2,052,775
Avg List Price
Property Summary
- Located in the San Luis Obispo(380) subdivision, 973 Buchon Street San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $899,000 and features 2 beds, 1 baths, and has approximately 726 square feet of living space, and was originally constructed in 1947. The current price per square foot is $1,238. The average price per square foot for Single Family listings in San Luis Obispo is $762. The average listing price for Single Family in San Luis Obispo is $2,052,775. To schedule a showing of MLS#pi25175481 at 973 Buchon Street in San Luis Obispo, CA, contact your Outland and Associates Real Estate agent at 8054813939.
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Courtesy of Invest SLO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.973 Buchon Street
San Luis Obispo, CA