Offered for the first time since its original construction in 1890, this is a rare opportunity to reimagine a property in one of San Luis Obispo's most sought-after neighborhoods. Just moments from the charm and energy of downtown San Luis Obispo, the residence is ideally situated near acclaimed dining, boutique shopping, parks, and the area's celebrated Central Coast lifestyle. Set on an R-2 zoned 4,780± sq. ft. parcel, the property presents exceptional possibilities for restoration, renovation, expansion, or redevelopment (buyer to verify permitted uses with the City of San Luis Obispo). The home offers approximately 1,682± square feet with 2 bedrooms, 2 bathrooms. A total of (6) rooms providing a canvas for thoughtful transformation while honoring its historic origins. Whether your vision is to restore its timeless character or create something entirely new, this is a unique opportunity to shape the future of a property that has remained in the same ownership for generations. Properties with this combination of location, history, and potential are seldom available.