Map location of 3380 Bullock Lane, San Luis Obispo, CA 93401
$3,195,000
Unlock Price Rating!

3380 Bullock Lane, San Luis Obispo, CA 93401

 Contact
- Beds
0 Baths
6,971 Sq Ft
Listing By: Michael Lopus - Colliers International camrmls-p Realty.com

3380 Bullock Lane presents a rare opportunity to acquire a turn-key, pride of ownership multifamily asset in one of San Luis Obispo's most sought-after rental markets. The 8-unit property has been meticulously maintained and thoughtfullyupgraded, featuring modern interiors with luxury vinyl plank flooring, updated kitchens with stainless-steel appliances, and spacious open-concept living areas with private patios. The building demonstrates strong in-place rents and steady operational performance, offering both secure income and upside potential through continued rent growth in a supply-constrained submarket. Residents enjoy convenient access to Downtown SLO, Cal Poly University, and major employers, with abundant on-site parking and on-site laundry facilities. With a current CAP rate of 4.8% and a market CAP rate approaching 5.2%, this property provides an attractive blend of yield, stability, and long-term appreciation. 3380 Bullock Lane is the ideal acquisition for an investor seeking a well-positioned, low-maintenance asset in a thriving Central Coast market--perfect for 1031 exchange buyers or those looking to expand their portfolio with a high-quality multifamily property in San Luis Obispo. Laundry is on-site coin-operated laundry facilites.

  • MLS# V1-33328
  • Date Listed11/11/2025
  • Days on Realty 15 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.5 acres (21,687 sq. ft)
  • Subdivision Not Applicable
  • County San Luis Obispo
  • Year Built 1977
  • Square Feet 6,971 sq. ft
  • Price Per Sq. Ft $458.33

Interior Features

  • Appliances Dishwasher, Free- Standing Range, Refrigerator
  • Flooring See Remarks
  • Cooling None
  • Heating Wall Furnace

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.50
  • Lot Size SQFT 21,687.00
  • Lot Features -

Directions

Take CA-227 (Broad Street) headed southeast towards Orcutt Road, then turn onto Bullock Ln.

Financial Considerations

Nearby Schools

Source: School Digger

Hawthorne Elementary School

Public • PK - 6 • Serves this home

1.77 mi

Distance

Peep - De'groot - Prepare School

Public • PK - 12

2.14 mi

Distance

Smith (c. L.) Elementary School

Public • PK - 6

3.88 mi

Distance

Pacheco Elementary School

Public • PK - 6

5.08 mi

Distance

Teach Elementary School

Public • 4 - 6 • Serves this home

4.1 mi

Distance

Laguna Middle School

Public • 7 - 8

4.7 mi

Distance

San Luis Obispo High School

Public • 9 - 12 • Serves this home

2.14 mi

Distance

Grizzly Challenge Charter School

Public • 10 - 12

9.37 mi

Distance

Lindamood-bell Academy

Private • KG - 12

3.04 mi

Distance

Mission College Preparatory Catholic High School

Private • 09 - 12

3.04 mi

Distance

San Luis Obispo Classical Academy

Private • PK - 12

4.1 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 93401

Source: Walkscore

51/100

Somewhat Walkable

Walk Score ®

22/100

Minimal Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Transit Summary

3 nearby routes: 3 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 9/100, Bike Score: 42/100.

Points of Interest near 3380 Bullock Lane, San Luis Obispo, CA 93401

Frequently Asked Questions for 3380 Bullock Lane

Source: Realty.com

3380 Bullock Lane, San Luis Obispo, CA 93401 is a , Residential Income property listed for $3,195,000 The property is 6971 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 14 photos of 3380 Bullock Lane.

Our records indicate that 3380 Bullock Lane was built in 1977.

The full address for this home is 3380 Bullock Lane, San Luis Obispo, CA 93401.

3380 Bullock Lane has been listed on Realty.com since Tue November 11, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 9/100, Bike Score: 42/100.

There are 3 schools assigned to this home. Check out the schools near 3380 Bullock Lane. Hawthorne Elementary School (Grades: PK - 6), Teach Elementary School (Grades: 4 - 6), San Luis Obispo High School (Grades: 9 - 12)

Listing provided courtesy of: Colliers International (tel: 213-532-3298)
Listing agent: Michael Lopus (tel: 805-680-8806) (#VC159524029)

This content last refreshed on 2025-11-26 07:30:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3380 Bullock Lane, San Luis Obispo, CA 93401 : MLS# V1-33328

Message
Tour
Chat