1390 Walker San Luis Obispo CA 93401 MLS #SC26047488

MLS #SC26047488 image #0
Prime Infill Opportunity in Downtown San Luis Obispo.

One of the last largest remaining infill sites in Downtown SLO.

This 1.1-acre site combines three adjacent Commercial Service-zoned lots for rare large scale potential in a high-demand area. City-approved for a 4-story, 49-unit residential apartment/condo project (with on-site parking), plus an existing 1,420 sq ft commercial building (with approved 770 sq ft addition). Residential and commercial components can be purchased together or separately.

» Rare scale & scarcity — Largest undeveloped infill site left anywhere in Downtown SLO; few (if any) comparable sites left.
» Prime southern Downtown location — Easy freeway/south county access, steps from vibrant core shops, restaurants, and amenities.
» City Approved — Existing entitlements for 49-unit high density residential reduce risk and speed timelines.
» High-value residential focus — Final large-scale chance to add significant housing in a downtown top California coastal market.
» Possibility for Assisted Living.
Current real estate data for Land in San Luis Obispo as of Mar 14, 2026
20
Land Listed
208
Avg DOM
$2,600,672
Avg List Price

Property Details

Price:
$4,600,000
MLS #:
SC26047488
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Mar 4, 2026
Lot Size:
47,916 sqft / 1.10 acres (approx)
Community 55 PlusSlo – San Luis ObispoSlosanluisobispoSan Luis Obispo380None

Schools

Interior

Exterior

Community
55+
Community Features
SDW, SL

Financial

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Property Summary

    Located in the San Luis Obispo(380) subdivision, 1390 Walker San Luis Obispo CA is a Land for sale in San Luis Obispo, CA, 93401. It is listed for $4,600,000 and features 1 acres.

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1390 Walker
San Luis Obispo, CA