Exceptional investment opportunity in one of San Luis Obispos most desirable neighborhoods! This unique 3-unit property offers versatility, strong income potential, and an unbeatable location just moments from Terrace Hill Open Space, Sinsheimer Park, and vibrant Downtown San Luis Obispo. 2103 Johnson Avenue features a charming 2-bedroom, 1-bath single-level main home with an attached single-car garage, surrounded by mature landscaping that creates a warm and inviting entrance. Inside, vintage character shines through with hardwood floors, a cozy wood burning fireplace in the living room, and timeless appeal throughout. A private fenced back patio offers the perfect setting to relax, entertain, or unwind. At 2101 Johnson Avenue, the contemporary two-story duplex includes two stylish loft-style studio units designed for modern living. Each unit features an open-concept interior, loft bedroom, full bathroom, attached single-car garage, and both front and rear decks that seamlessly blend indoor and outdoor living spaces. An onsite laundry room adds convenience for all three units. Whether you choose to live in one unit while generating rental income from the others, or maximize returns by leasing all three, this property presents an outstanding opportunity in a highly sought-after San Luis Obispo location. Rarely does a multi-unit property combine charm, flexibility, and investment potential so effortlessly.