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$448,000
879 Walnut, San Luis Obispo, CA 93401
Re/Max Premier Prop SanMarino
0Beds
1Days Listed
About This Property
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.
Andrew LoefflerRe/Max Premier Prop SanMarino951-741-0002
Property Location
Map
Property Details
- Property Type
- Land
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 1
- Original Price
- $448,000
Location & Neighborhood
What's nearby 879 Walnut, San Luis Obispo, CA 93401
Nearby Schools
- Assigned
- Assigned
- Assigned
- Hawthorne Elementary1.0 mi
Elementary School • Public • K–6
- PEEP - PREPARE0.9 mi
K-12 School • Public • K–12
- Bishop's Peak Elementary1.4 mi
Elementary School • Public • K–6
- Sinsheimer Elementary1.6 mi
Elementary School • Public • K–6
- C L Smith Elementary2.0 mi
Elementary School • Public • K–6
Parks & Recreation
- 0.2 mi
- 0.2 mi
- Mission Plaza0.3 mi
park
Transit Access
- Downtown Transit Center0.2 mi
Bus Stop
- Government Center0.2 mi
Bus Stop
- Santa Rosa at Higuera0.4 mi
Bus Stop
- Nipomo at Higuera0.4 mi
Bus Stop
- Marsh at Chorro0.4 mi
Bus Stop
Local Amenities
Dining
- Ox & Anchor0.2 mi
- Piadina0.2 mi
Library
POI data updated 7/22/2026
San Luis Obispo Market Snapshot
148
Active Listings
$987K
Median Price
71
Avg Days on Market
Last updated: Jul 22, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$448,000