655 Monterey St

655 Monterey St., San Luis Obispo, CA 93401

default image

Property Information

  • For Sale $6,930,000
  • Property Type VacantLand
  • Property Size 261,360 SF
  • Lot Size 6 Acre
  • Zoning CD-S-H
  • Date Updated Oct 16, 2026

Description

McCarty Davis is pleased to offer the rare opportunity to

purchase 655 Monterey Street, a fully entitled mixed-use

project in located on the creek walk in Downtown San Luis

Obispo.

Property Facts

• +/- .6 AC; 26,308 SF lot

• APN 002-421-027

• Zoning: CD-S-H (Commercial Downtown)

• 36 Units Total

• (31) Condos

• (23) 2 bedroom units

• (2) Affordable 2 bed/1 bath units

• (2) 3 bedrooms units

• (4) 1 bedroom units

• (3) Hotel/Short Term Stay Units

• (2) Restaurant/Retail Spaces

• 29 Parking Spaces

• +/- 240 ft. creek frontage 

Additional Info.

Entitlements, approved construction drawings and an

extensive due diligence package available for qualified buyers.

Contacts

Location

Located at 655 Monterey St., San Luis Obispo, CA 93401, this property is part of the Downtown San Luis Obispo neighborhood and Central Coast market.

  • 98/100 Walker's Paradise
  • 37/100 Some Transit
  • 87/100 Very Bikeable
Powered by Walk Score ®
Contact 655 Monterey St
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.