Nestled on Johnson Avenue, just minutes from downtown San Luis Obispo, this remarkable property offers an enticing blend of a 5-bedroom, 2-bathroom home with development potential. The front home, currently rented out, features two living rooms, two kitchens, a dining room, and a private deckan ideal space for comfortable living and entertaining. Beyond the charms of the existing residence, seize the opportunity for expansion with two additional parcels behind the home. Each parcel is permit-ready, boasting city-approved plans for two more 5-bedroom homes. Enjoy the prime location, combining neighborhood tranquility with quick access to downtown amenities.