1023 Walnut Street, San Luis Obispo, CA 93401
Duplex · 2 recorded sales since 2026
Sold October 2026
Listing Agent: Owen Schwaegerle (DRE #02040597) · Listing Office: The Schwaegerle Team · Contact: 805-215-5063 · Bought with: Owen Schwaegerle · The Schwaegerle Team · MLS #SC26128081 · Source: CRMLS
How this sale compares
1023 Walnut Street sold for $725,000 in October 2026, 19% under its $899,000 list price, after 81 days on the market. It was first listed at $999,000. That works out to $518 per square foot on 1,400 square feet. Across 254 closed sales in 93401 over the last 12 months, the median sold price is $976,775 and the median is $617 per square foot, 19% above this sale's $518.
| Quarter | Closed sales in 93401 | Median sold price |
|---|---|---|
| Q1 2026 | 19 | $1,129,000 |
| Q2 2026 | 114 | $1,045,000 |
| Q3 2026 | 95 | $960,000 |
| Q4 2026 | 26 | $737,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Luis Obispo · Homes for sale in 93401
Description
Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor plan, modern finishes, and a fresh, contemporary feel. The remodeled kitchen opens seamlessly to the living space and features white cabinetry, updated countertops, and a large peninsula perfect for casual dining or entertaining. A beautifully renovated bathroom includes a spacious walk-in tiled shower, while the private deck provides a peaceful spot to enjoy your morning coffee, unwind in the evening, or take in the surrounding hillside views. The second unit offers its own distinct character and comfortable living space, creating excellent potential for rental income, guest accommodations, or multi-generational living. This unit features original hardwood floors, wood paneling, and several windows for lots of natural light. Separate outdoor areas give each residence a sense of privacy and independence. This property is set on a generously sized lot with off-street parking, mature landscaping, and multiple outdoor gathering spaces. Each unit has access to a garage and their own washer and dryer. This structure could be converted into an ADU for even more rental income potential. Check with the city for future development opportunities. The versatile layout allows future owners to maximize income, offset mortgage costs, or simply enjoy the benefits of owning a property with built-in flexibility. This is an investment opportunity with updated living spaces, private outdoor areas, and endless possibilities for both investors and owner-occupants alike.
Listing description from the October 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1023 Walnut Street
1321 Osos Street 270: Sold $1,150,000 · 2 bd · 3 ba · 1,359 sqft · Oct 2026 · 0.5 mi
Blair Properties | DRE #01207246
Buyer's agent: David Bjerre, Bjerre & Garcia Realty Inc | DRE #008916201428 Morro: Sold $845,000 · 2 bd · 2 ba · 986 sqft · Sep 2026 · 0.6 mi
Holland Strand Real Estate | DRE #01406064
Buyer's agent: Steven Vogt, Joshua Tree Modern | DRE #017000011739 Conejo Avenue: Sold $2,192,000 · 3 bd · 3 ba · 2,421 sqft · Sep 2026 · 0.8 mi
Compass | DRE #01731537
Buyer's agent: Amy Daane, The Avenue Central Coast Realty, Inc. | DRE #019026571837 Chorro St: Sold $1,100,000 · 2 bd · 1 ba · 702 sqft · Aug 2026 · 0.9 mi
Christie's International Real Estate Sereno | DRE #01868098
Buyer's agent: Denise Silva Topham, BHGRE HAVEN PROPERTIES | DRE #013337751879 San Luis Drive: Sold $1,675,000 · 4 bd · 2 ba · 2,200 sqft · Sep 2026 · 0.9 mi
BHGRE HAVEN PROPERTIES | DRE #01856768
Buyer's agent: Erica Abbott, Compass | DRE #017315371910 Ruth Street: Sold $1,018,000 · 2 bd · 2 ba · 1,164 sqft · Sep 2026 · 0.9 mi
California Coastal Real Estate | DRE #01873454
Buyer's agent: Chris Boyd, Eighty20 Group | DRE #022281801043 Ella Street 11: Sold $680,000 · 2 bd · 2 ba · 1,088 sqft · Sep 2026 · 0.9 mi
California Coastal Real Estate | DRE #01873454
Buyer's agent: Dianna Vonderheide, Vineyard Professional Real Estate | DRE #01475327274 Higuera Street 5: Sold $84,450 · 1 bd · 1 ba · 374 sqft · Oct 2026 · 1.0 mi
Harmony Communities | DRE #00479461
Buyer's agent: NONE NONE, None MRML | DRE #N/A
Closed sales reported in 93401, nearest first, last 12 months. All recent sales in San Luis Obispo →