879 Walnut Street
San Luis Obispo, CA 93401
- – beds
- – baths
- – sqft
- 6,000 sqft lot
- – on site
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 8 units - potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It's a Walker’s Paradise so daily errands do not require a car. 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.
Last checked:
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Last updated Mar 22, 2025
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MLS# AR25062496 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Between Santa Rosa Street and Chorro Street
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Latitude:35.28408100
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Longitude:-120.66528900
The Property
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Property Type:Land
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Zoning:R4
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Lot Features:Level with Street, Rectangular Lot, Level, Park Nearby, Paved, Value In Land
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Lot Size Area:6000.0000
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Lot Size Acres:0.1377
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Lot Size SqFt:6000.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:69
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Tax Census Tract:111.01
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Tax Lot:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:002297046
Utilities
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Water Source:See Remarks
The Community
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Subdivision:San Luis Obispo(380)
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Subdivision:San Luis Obispo(380)
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Neighborhood:Downtown SLO
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Features:Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks
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Association:No
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Senior Community:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/22/25
Mar 22, 2025
|
Listed / Active | CRMLS_CA | $898,000 |
