Last Major Downtown SLO Infill Site | Approved 49 Residential Units | Commercial Bldg.

1390 Walker St, San Luis Obispo, CA 93401

Property Information

  • For Sale $4,600,000
  • Property Type Other
  • Lot Size 1.1 SF
  • Date Updated Jul 24, 2026

Description

Prime Infill Opportunity – 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. 

Prime entitled opportunity in the Central Coast’s best market - the opportunity won’t last!

Contacts

Location

Located at 1390 Walker St, San Luis Obispo, CA 93401, this property is part of the Downtown South San Luis Obispo neighborhood and Central Coast market.

  • 90/100 Very Walkable
  • 34/100 Some Transit
  • 96/100 Biker's Paradise
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