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.
Property Details
Price:
$448,000
MLS #:
AR26159820
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Jul 22, 2026
Lot Size:
6,000 sqft / 0.14 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
SDW, CRB, FHL, HRS, HIKI, BIKI
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NO
Financial
Map
Community
- Address879 Walnut ST San Luis Obispo CA
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
Market Summary
Current real estate data for Land in San Luis Obispo as of Jul 26, 2026
17
Land Listed
247
Avg DOM
$2,761,771
Avg List Price
Property Summary
- Located in the San Luis Obispo(380) subdivision, 879 Walnut ST San Luis Obispo CA is a Land for sale in San Luis Obispo, CA, 93401. It is listed for $448,000 and features 0 acres. To schedule a showing of MLS#ar26159820 at 879 Walnut ST in San Luis Obispo, CA, contact your Outland and Associates Real Estate agent at 8054813939.
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Courtesy of Re/Max Premier Prop SanMarino. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.879 Walnut ST
San Luis Obispo, CA
