879 Walnut Street, San Luis Obispo, CA 93401 - Berkshire Hathaway HomeServices California Properties
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879 Walnut Street, San Luis Obispo, CA 93401

$898,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Andrew Loeffler | andrew.loefflerteam@gmail.com
Lic#: 01193598
Broker: Courtesy of Re/Max Premier Prop SanMarino

Agent Remarks

Amazing development opportunity in one of the best cities on the California Central Coast! Flat, accessible land zoned R4 right in the Downtown San Luis Obispo neighborhood. Per the city, density allows for 8 units - potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It's a Walker’s Paradise so daily errands do not require a car. Bike score is a very bike-able 75. Nearby parks include Mission Plaza, Santa Rosa Park and Mitchell Park. San Luis Obispo has an average Walk Score of 56 and has 45,119 residents. Downtown is absolutely bustling with activity. There are coffee shops, restaurants, tons of retail and commercial, rooftop bars, underground breweries, museums, historic landmarks including Mission San Luis Obispo de Tolosa est. 1772 in Mission Plaza. There are cultural events, not to mention Thursday Farmers Market, and Bubblegum Alley. You can be at Morro Bay or Pismo Beach in ten minutes or get right on the 101 and go wherever you need to go. Whether building for students or busy professionals, this site is perfect for your next project. The City of San Luis Obispo recognizes the need for housing and is excited to work with you. There may be Housing Finance Agencies (HFAs) offering additional credits or soft funding.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# AR25062496
Price: $898,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.14 acres
Lot size: 0.1377
Subdivision: San Luis Obispo(380)
County: San Luis Obispo
Zoning: R4
Lot description: Level,Near Park,Paved,Rectangular Lot,Street Level,Value In Land
MLS area: SLO - San Luis Obispo

Last Updated: 3/22/2025

 Days On Market (DOM): 48

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This listing belongs to the SLO - San Luis Obispo MLS area

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Lat/Long: 35.284081, -120.665289.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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NRDS ID: 207054480
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