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879 Walnut Street

San Luis Obispo, CA 93401
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SqFt6,000

Sqft(Lot)

BACK ON THE MARKET! Look at this 6,000 sqft R4 lot priced to SELL! 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 possibly 8 units. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. 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. Buyer to confirm all information and satisfy themselves with regard to all questions of density, building, etc.

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Detail Ic Property Details

Property Type : Land

Price : $448,000

AD Id : 88298052

MLS Id : AR26159820

Lot Size : 6,000 Sqft(Lot)

County : San Luis Obispo

Subdivision: Roberts

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Feature Features

  • Lot Information

    Main Square Feet: 6000 Lot Size Acres: 0.1377 Lot Size Source: Assessor Lot Size Square Feet: 6,000 Lot Description: Level,NearPark,Paved,RectangularLot,StreetLevel,ValueInLand

    Property Information

    Subdivision: San Luis Obispo(380) Source Property Type: Land Postal Code Plus 4: 2724

  • Listing Price Information

    Listing Price: $448000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 002297046 Tax Lot: 3 Tax Block: 69

  • Location Information

    Direction: Between Santa Rosa Street and Chorro Street WaterSource: SeeRemarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2171 San Luis Drive, San Luis Obispo, CA, 93401 $599,000 -- -- -- 17,860 Sqft(Lot)
1636 Encino Ct, San Luis Obispo, CA, 93401 $799,000 -- -- -- 11,210 Sqft(Lot)
2406 Johnson Avenue, San Luis Obispo, CA, 93401 $475,000 -- -- -- 17,382 Sqft(Lot)
1146 Farmhouse, San Luis Obispo, CA, 93401 $2,950,000 -- -- -- 111,078 Sqft(Lot)
950 Aero Drive, San Luis Obispo, CA, 93401 $11,000,000 -- -- -- 219,106.80 Sqft(Lot)
1390 Walker, San Luis Obispo, CA, 93401 $4,600,000 -- -- -- 47,916 Sqft(Lot)
5350 Davenport Creek Road, San Luis Obispo, CA, 93401 $4,300,000 -- -- -- 2,487,276 Sqft(Lot)
2040 Prado Road, San Luis Obispo, CA, 93401 $3,900,000 -- -- -- 156,380 Sqft(Lot)
6175 Balm Ridge Way, San Luis Obispo, CA, 93401 $1,750,000 -- -- -- 1,680,544.80 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/29/2026 @ 22:57

MLS: AR26159820 LISTED BY: Andrew Loeffler, Re/Max Premier Prop SanMarino 626-660-1100 SOURCE: CRMLS

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