Prime Development Opportunity in San Luis Obispo! Located in a sought-after area, 2019 Beebee Street presents an incredible opportunity for investors, developers, and visionaries alike. This single-level, 2-bedroom, 1-bathroom home sits on a generous 8,489 +/- sq. ft. R2-zoned lot, offering amazing potential for multi-unit development. The existing 1,100 +/- sq. ft. structure is in mostly original condition from the early 1900s making it a blank canvas for those looking to maximize the property's value. With a flat and highly usable lot, this parcel is ideal for building additional units or a brand-new investment property. Situated in the heart of San Luis Obispo, this property backs up to the beloved Bread Bike Bakery and is just minutes from downtown, Cal Poly, and beautiful Central Coast beaches. Whether you're looking to renovate, expand, or develop, this is a rare chance to secure a valuable piece of real estate in a thriving community. Opportunities like this don’t last long—schedule a viewing today! Buyer to verify development potential and building requirements with the City of San Luis Obispo.