Rare 4-unit property offered in the heart of San Luis Obispo. Set on a 9,000 square foot lot with two buildings totaling 2,744 square feet. Fully occupied and cash-flowing from day one. The front home at 491 Branch Street is a standalone 872 square foot residence with 2 bedrooms and 1 bathroom, featuring an in-unit washer/dryer and storage in the bathroom, a private patio accessed through a bedroom slider, and a hedge-lined front yard shaded by mature trees. Five on-site parking spaces are accessed via Branch Street, with additional street parking available on both Branch and South streets. Behind the home at 491 Branch Street, three additional units share the interior parking area: 498 Unit C faces the interior parking area and is a two-story 972 square foot, 2-bedroom, 1-bath unit with a downstairs bedroom, full bathroom with washer/dryer, plus an open upstairs bedroom and a living/dining area off the kitchen. Units A and B face South Street and are each 450 square feet, two-story open-loft studios, each with a living area off the kitchen, full bath downstairs, and an open loft bedroom upstairs, fronted by an open grass area off South Street. An elementary school sits directly across the street on Branch, close to downtown SLO. Information deemed reliable but not guaranteed.