879 Walnut, San Luis Obispo, CA 93401 - Photo 1 of 13, San Luis Obispo, CA
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$448,000

879 Walnut, San Luis Obispo, CA 93401

Re/Max Premier Prop SanMarino
0Beds
0
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

Transit Access

Local Amenities

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

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