Fabulous multiple unit opportunity in the heart of downtown San Luis Obispo, this versatile property features 2 vintage homes on 1 parcel. Each residence offers two bedrooms and one bathroom, blending classic bungalow style with modern updates. The main residence welcomes you with its classic California charm, a large front porch, craftsman style front door, updated interior, and fenced yard. The front house has a basement, perfect for overflow storage or wine cellar. The interior features luxury vinyl plank floors, upgraded windows, newer kitchen cabinetry and granite counters. The abundance of natural light create a warm and inviting atmosphere. Retreat to the private backyard, where each unit boasts its own yard, ideal for outdoor gatherings or simply enjoying the views. The detached rear home, has newer cabinets, granite counters, its own laundry room and storage area that offers versatility and potential for rental income or multi-generational living. Enjoy breathtaking views of Cerro San Luis and Bishop's Peak from the rear deck, providing the perfect backdrop for relaxation and entertainment. Both homes are separately metered and have their own addresses, this is ideal for investors or an owner looking for additional income. Location is paramount, with downtown San Luis Obispo's vibrant shops, restaurants, and entertainment just moments away. Cal Poly's campus is also within easy reach, appealing to students, faculty, and those seeking proximity to university life. This property is an attractive opportunity at this price. Looking to create added value or bring this property to the next level? Explore the endless possibilities of this unique property and check with city zoning for additional development opportunities.