$4,600,000
FOR SALEActive1390 Walker
San Luis Obispo CA 93401
1,400
SF
Multi-Family
Type
N/A
Built
$3,286/SF
Cost/SF
Listing Agent
Preston Thomas
Listing Agent
DRE #: 01378821
Brokerage: Colliers Tingey International Inc.
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
1.1 acres
Lot Size
1,400 SF
Square Footage
$3285.71/SF
Price per SF
4
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
Similar Commercial Properties
$559K50d
519 SF•Office429 MarshSan Luis Obispo, CAArcher Wilkinson, Inc. | DRE# 01999527$525K285d
512 SF•Office433 MarshSan Luis Obispo, CAColliers Tingey International Inc. | DRE# 01378821$1.8M93d
1,920 SF•Retail664 MarshSan Luis Obispo, CAAcquire Mortgage & Real Estate | DRE# 01936432$2.1M93d
6,880 SF•Retail668 MarshSan Luis Obispo, CAAcquire Mortgage & Real Estate | DRE# 01936432$1.9M94d
3,718 SF•Retail1127 BroadSan Luis Obispo, CAAcquire Mortgage & Real Estate | DRE# 01936432$1.8M155d
3,800 SF•Retail1121 Broad StreetSan Luis Obispo, CACentral Coast Sotheby's International Realty | DRE# 01982316$3.5M192d
7,492 SF•MixedUse793 HigueraSan Luis Obispo, CARadius Group Commercial R.E. | DRE# 01779282$1.6M213d
1,600 SF•Office1334 Chorro StreetSan Luis Obispo, CAVivian Hanover, Broker | DRE# 00948848$675K68d
1,162 SF•Office1551 Bishop 440San Luis Obispo, CAMcCarty Davis, Inc. | DRE# 01843738$2.5M393d
7,727 SF•Office689 Tank FarmSan Luis Obispo, CATrujillo Commercial Real Estate Group | DRE# 01388764$2.5M393d
8,051 SF•Office689 Tank Farm 230&240San Luis Obispo, CATrujillo Commercial Real Estate Group | DRE# 01388764$3.9M102d
13,184 SF•MixedUse615 Clarion CourtSan Luis Obispo, CAColliers Tingey International Inc. | DRE# 01378821$725K32d
1,584 SF•Retail445 1st StreetAvila Beach, CATrujillo Commercial Real Estate Group | DRE# 01388764$790K204d
1,200 SF•Retail900 Shell BeachPismo Beach, CA805 Real Estate, Inc. | DRE# 01838269$1.2M266d
1,078 SF•Retail1250 Price StreetPismo Beach, CAeXp Realty of California, Inc. | DRE# 00600451$1.4M467d
3,980 SF•Retail801 Dolliver StreetPismo Beach, CABurnes Commercial Group | DRE# 01361305$375K37d
1,047 SF•Retail401 W Grand Avenue 1-1Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$335K37d
947 SF•Retail401 W Grand Avenue 2-1Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$825K37d
2,865 SF•Retail401 W Grand Avenue 1-2Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$575K37d
1,830 SF•Retail401 W Grand Avenue 2-2Grover Beach, CAHart Commercial Real Estate | DRE# 01334694$650K30d
12,197 SF•MixedUse838 W Grand AveGrover Beach, CABHGRE HAVEN PROPERTIES | DRE# 02175300$4.1M520d
17,985 SF•Industrial928 Huston StreetGrover Beach, CAColliers Tingey International Inc. | DRE# 01378821$3.5M478d
4,457 SF•SpecialPurpose201 Main StreetMorro Bay, CAMcCarty Davis, Inc. | DRE# 01843738$675K108d
1,760 SF•MixedUse600 Morro Bay BMorro Bay, CAModern Broker | DRE# 01807879$250K26d
500 SF•Office1052 Main EMorro Bay, CACoastal Real Estate | DRE# 01487058
Recent commercial sales in San Luis Obispo
Sold $1,026,000SOLD2,550 SF•Office2040 BroadSold Sep 2026Anderson & Senn Commercial Real Estate | DRE #01252131Buyer's agent: Krissy Bellisario, The Avenue Central Coast Realty, Inc. | DRE #01978581
- Sold $1,650,000SOLD3,861 SF•Office1338 Santa Rosa StreetSold Sep 2026Real Property Investments | DRE #00571580Buyer's agent: CHAD VAN TIL, NONMEMBER MRML | DRE #001194183
Sold $1,820,000SOLD3,000 SF•Office•2 units699 CaliforniaSold Aug 2026BHGRE HAVEN PROPERTIES | DRE #01492366Buyer's agent: Anthony Aurignac, Venture Real Estate | DRE #01946262
Sold $2,160,000SOLD8,486 SF•Warehouse285 PradoSold Aug 2026Anderson & Senn Commercial Real Estate | DRE #01252131Buyer's agent: Derek Senn, Anderson & Senn Commercial Real Estate | DRE #01252131
- Sold $8,250,000SOLD46,242 SF•Industrial143 Suburban RoadSold Jun 2026McCarty Davis, Inc. | DRE #01843738Buyer's agent: NONE NONE, None MRML | DRE #N/A
Sold $1,200,000SOLD2,471 SF•Mixed Use1022 Mill StreetSold Apr 2026Central Coast Home & Land | DRE #00916243Buyer's agent: Levi Seligman, Acquire Mortgage & Real Estate | DRE #01936432
Closed commercial sales reported, newest first.