$4,600,000
 $24,694 est/mo Sourced by Back At You

1390 Walker,San Luis Obispo, CA 93401

San Luis Obispo, CA 93401

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Description

Prime Infill Opportunity in Downtown San Luis Obispo. One of the last largest remaining infill sites in Downtown SLO. This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately. » Rare scale & scarcity Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left. » Prime southern Downtown location Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities. » City Approved Existing entitlements for 49-unit high density residential reduce risk and speed timelines. » High-value residential focus Final large-scale chance to add significant housing in a downtown top California coastal market. » Possibility for Assisted Living.

Details

MLS #SC26047488
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site184
Listing Provided ByColliers Tingey International Inc. | Preston Thomas

Features

ZoningCS - Commercial Service
Acreage1.10
Property ViewNone

Exterior

Lot FeaturesCorner Lot, Lot Over40000Sqft

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$4,600,000
low | high
Med:
$1,074,020
100% of Average
On site:
184
low | high
Med:
83.5
100% of Average
Sourced by Back At You

Market Activity 93401

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Learn More About This Property

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$4,600,000
low | high
Med:
$1,074,020
100% of Average
On site:
184
low | high
Med:
83.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.45M - $5.75M
sqft: 0 - 0
Listing Updated: August 21, 2026 at 10:53:20 PM PDT