San Luis Obispo homes
For sale242 days on market
$4,600,000

1390 Walker, San Luis Obispo, CA 93401

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Beds
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Baths
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Sq ft

About this home

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.

Type
Residential
Year built
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Lot
47,916 sq ft (1.10 ac)
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$29,010/mo
  • Principal & interest$23,260
  • Property tax (est.)$4,408
  • Home insurance (est.)$1,342

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Preston Thomas, Colliers Tingey International Inc., preston.h.thomas@colliers.com. MLS# SC26047488. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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