# 687 Islay, San Luis Obispo, CA 93401

> **TL;DR:** 9bd/9ba multi-family, $2,900,000 ($493/sqft), built 1895, 5,888 sqft.
> Fireplace, View, Basement. Est. $12,567/mo. Listed 108 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,900,000 |
| Price/sqft | $493 |
| Bedrooms | 9 |
| Bathrooms | 8 full |
| Square Feet | 5,888 |
| Year Built | 1895 |
| Lot Size | 20,735 sqft (0.48 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 108 |

## Why This Home Stands Out

- **Views** - City, Hills

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,567 |
| **Total** | **$12,567** |

## Key Amenities

- Fireplace
- View
- Basement

## Property Highlights

- Built in 1895
- 0.48 acre lot
- 2 stories
- 15 parking spaces
- Fireplace

## Description

### Agent Description
Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, social room, and laundry facility.
Historic character is preserved through ornate Victorian detailing, original redwood built with Douglas fir accents, soaring 12-foot ceilings, and expansive windows, while offering modern conveniences throughout. A large basement, park-like grounds, patio areas, and barbecue space enhance the property’s appeal.
In addition to its existing income-producing layout, the property offers potential for future expansion and increased density, subject to local zoning and planning approvals. Development flexibility may allow for additional units or alternative configurations, presenting a rare opportunity for investors and owner-users alike.

## Location

- **Address:** 687 Islay, San Luis Obispo, CA 93401
- **County:** San Luis Obispo
- **Neighborhood:** San Luis Obispo(380)

## Listing Agent

- **Name:** Linda Wilson
- **Brokerage:** Central Coast Sotheby's International Realty
- **Phone:** 8058013232
- **Email:** linda@wcsir.com

## Primary Photo

![687 Islay - Primary Photo](http://lh.rdcpix.com/807a2af80bb4205dee63f214dfacbb87l-f3518041836r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/687-islay-san-luis-obispo-ca-93401-26013167)*

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**MLS#:** SC26013167 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/687-islay-san-luis-obispo-ca-93401-26013167)

---

## Structured Data

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  "name": "687 Islay, San Luis Obispo, CA 93401",
  "description": "Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, social room, and laundry facility.\r\nHistoric character is preserved through ",
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