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San Luis Obispo, CA

$448,000

879 Walnut Street, San Luis Obispo, CA
0
Days listed

About this home

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.

Facts & features

Exterior & lot
Lot size
0.138 acres (6,000 sq ft)
Community
Area
SLO - San Luis Obispo
County
San Luis Obispo
Community features
Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks, Park
Listing details
Status
Active
Property type
Land
Days on market
0
Listed
2026-07-21
Terms
Cash, Cash To New Loan
Parcel #
002297046
MLS #
AR26159820
Listed by
Andrew Loeffler · Re/Max Premier Prop SanMarino

Location

Price history

Listed
$448,000 · 2026-07-21
Days on market
0
Current price
$448,000
Financing

Could this home be yours?

Estimated monthly payment
$2,810
$2,265 principal & interest · $545 taxes & insurance
$89,600
Estimate only
Loan $358,400

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Listing data provided by CRMLS

Listing courtesy of Re/Max Premier Prop SanMarino. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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