The median home value in San Luis Obispo, CA is $801,500.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in San Luis Obispo, CA is $801,500.
Approximately 38% of San Luis Obispo homes are owned,
compared to 55% rented, while
6% are vacant.
San Luis Obispo real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact San Luis Obispo real estate agent to arrange a tour today!
Learn more about San Luis Obispo.
Salon Space FOR LEASE! Located at 1050 Broad Street in the Heart Downtown San Luis Obispo sits one of the best salon locations in town! Operating as a salon for over 15 years, this beautiful space features a 3-chair shampoo area, 8 chair hair-cutting stations and a large retail & reception area. At just under 1440 sq. ft., this is the perfect size to operate a successful salon. Includes plenty of storage space, an employee lounge and private bathroom. Landlord is offering a competitive long-term lease for new tenants.
Off Sacramento Drive and close to Duncan Alley, is this commercial building that is configured for multi-tenant use. Freestanding concrete block and steel frame construction. Fire sprinklers throughout building. Five 16ft wide roll-up doors that face parking area, office area near street, 11 off-street parking spaces in paved lot. Currently there are 3 restrooms but ready potential for 6 total restrooms, available floor plan shows where they were originally planned and connections remain. Built as 6 units, but at present, there are 4 total tenants, one tenant occupies over 50% of the building area. 3-phase electrical, 600 total amps. Square footage source is County Records.
Off Sacramento Drive and close to Duncan Alley, is this commercial building that is configured for multi-tenant use. Freestanding concrete block and steel frame construction. Fire sprinklers throughout building. Five 16ft wide roll-up doors that face parking area, office area near street, 11 off-street parking spaces in paved lot. Currently there are 3 restrooms but ready potential for 6 total restrooms, available floor plan shows where they were originally planned and connections remain. Built as 6 units, but at present, there are 4 total tenants, one tenant occupies over 50% of the building area. 3-phase electrical, 600 total amps. Square footage source is County Records.
Medical office condominium in luxury building. Near Cal Poly and Sierra Vista Hospital. Two units (200, 202) have been combined to give 11 operatories/exam rooms, 4400 saleable sq. ft. or available separated at 1701sf for $825,000 (unit 202) and 2699sf for $1,310,000 (unit 200) Plenty of parking including underground. Lush landscaping and excellent building management.
Medical office condominium in luxury building. Near Cal Poly and Sierra Vista Hospital. Two units (200, 202) have been combined to give 11 operatories/exam rooms, 4400 saleable sq. ft. or available separated at 1701sf for $825,000 (unit 202) and 2699sf for $1,310,000 (unit 200) Plenty of parking including underground. Lush landscaping and excellent building management.
Discover the epitome of opportunity at 500 Spanish Springs Drive, a captivating coastal vineyard property located less than three miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams. Nestled within the esteemed SLO Coast AVA, Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Immerse yourself in the art of winemaking while relishing the temperate Central Coast climate that defines the region's viticultural excellence. Just minutes from the shores of Pismo Beach and a short drive to downtown San Luis Obispo, this location seamlessly blends serenity with accessibility. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport. The potential* of 500 Spanish Springs Drive is as limitless as your imagination. Expand the vineyards, cr
Discover the epitome of opportunity at 500 Spanish Springs Drive, a captivating coastal vineyard property located less than three miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams. Nestled within the esteemed SLO Coast AVA, Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Immerse yourself in the art of winemaking while relishing the temperate Central Coast climate that defines the region's viticultural excellence. Just minutes from the shores of Pismo Beach and a short drive to downtown San Luis Obispo, this location seamlessly blends serenity with accessibility. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport. The potential* of 500 Spanish Springs Drive is as limitless as your imagination. Expand the vineyards, craft a tasting room, or build the estate you've always envisioned. The canvas extends beyond viticulture explore opportunities for retail, hospitality, or a winery. Situated adjacent to ANZA Vineyard Estates, this property shares borders with multi-million-dollar homes set within this prestigious community, reflecting the area's growing appeal and investment potential. Seize the opportunity to claim this extraordinary property and write the next chapter of its story.*Note: All development opportunities are subject to required entitlements and approvals by the County of San Luis Obispo. Seller and brokers make no guarantee of what can be constructed on the property.*
Available in the Heart of Downtown San Luis Obispo on busy Higuera street, this is a high visibility location with high pedestrian traffic in a move-in ready retail space, large storage/office space and private bathroom. Located next to Sports Forum, Central Coast Wines and recently opened Higuera Street Art Tattoo, it is close to boutique hotels, a busy Hair Salon, museums, restaurants, clothing stores and all that the SLO Downtown core offers!
This incredible property has so much potential. With 7 current long-term rentals and RV pad spaces, there is still room to add units with county approval. This property has great views of Bishops Peak and Madonna Mountain.
This property is zoned for an office/retail but operates as a single family residence. Can be converted to some type of commercial use. Rare opportunity to own a three bedroom home with a yard near downtown for this price. Being sold as-is. 12 minute walk to downtown and a short walk to High Street Deli. Zoned for "neighborhood commercial" (CN). Check with the city for allowed usages. Tenant lease runs through May. ADU build may be possible here but check with the city for compliance with regulations.
This property is zoned for an office/retail but operates as a single family residence. Can be converted to some type of commercial use. Rare opportunity to own a three bedroom home with a yard near downtown for this price. Being sold as-is. 12 minute walk to downtown and a short walk to High Street Deli. Zoned for "neighborhood commercial" (CN). Check with the city for allowed usages. Tenant lease runs through May. ADU build may be possible here but check with the city for compliance with regulations.
Elevate your business in the heart of San Luis Obispo at 21 Santa Rosa St, Unit 50. This two-story commercial office space offers a perfect blend of functionality and aesthetics, featuring eight private offices, three bathrooms, a spacious kitchen, and captivating views. Strategically located on Santa Rosa Street, the property ensures accessibility and visibility, complemented by ample parking. Currently rented and thriving, this space presents a unique opportunity for businesses seeking a dynamic and inspiring workspace in a prime location. Don't miss the chance to make 21 Santa Rosa St, Unit 50, the address that defines success for your venture. Currently leased through September 2024.
Elevate your business in the heart of San Luis Obispo at 21 Santa Rosa St, Unit 50. This two-story commercial office space offers a perfect blend of functionality and aesthetics, featuring eight private offices, three bathrooms, a spacious kitchen, and captivating views. Strategically located on Santa Rosa Street, the property ensures accessibility and visibility, complemented by ample parking. Currently rented and thriving, this space presents a unique opportunity for businesses seeking a dynamic and inspiring workspace in a prime location. Don't miss the chance to make 21 Santa Rosa St, Unit 50, the address that defines success for your venture. Currently leased through September 2024.
FREEWAY FRONTAGE!!! An excellent opportunity to own or lease a fully equipped restaurant on one of the most freeway visible locations in San Luis Obispo. This property underwent an extensive remodel in 2019. $2.15/SF NNN for lease or $2,375,000 for sale. This one acre site with excellent visibility has 65 on-site parking spaces, indoor seating for over 100 including several booths, bar seating, and two outdoor patios. There are four hotels within walking distance.
FREEWAY FRONTAGE!!! An excellent opportunity to own or lease a fully equipped restaurant on one of the most freeway visible locations in San Luis Obispo. This property underwent an extensive remodel in 2019. $2.15/SF NNN for lease or $2,375,000 for sale. This one acre site with excellent visibility has 65 on-site parking spaces, indoor seating for over 100 including several booths, bar seating, and two outdoor patios. There are four hotels within walking distance.
The building is owned and occupied by the Red Cross, which is divesting the property due to some regional consolidation plans. This suite was originally two units (A & B) now combined in its current 4,105 SF configuration. Bonus sf exists in the mezzanine making the space closer to 4,500 SF. This suite is part of an eight-unit condominium complex that was built about 1991 all units are individually owned. The first floor is divided into a lobby, five offices, large workroom, conference room, break/utility room (with garage door entry), storage room and three restrooms (fourth restroom is now utility room). An interior stairway leads to a mezzanine that comprises a break room and conference room. There is a door on this level that leads to common area hall, storage, and restroom. It also leads to another staircase that connects with an outside exit on the ground floor. Interior is in fair condition and could benefit from cosmetic improvements. The mezzanine level is open to below. The first floor has a substantial area with a two-story high ceiling.
Welcome to Victoria Crossing in San Luis Obispo, where you can start accumulating wealth in your business and real estate. The community features 33 residential flats (FOR SALE) and three (3) modern commercial suites at ground level. An exceptional opportunity for an owner-user or investor, the commercial suites are new-construction featuring high ceilings, ample natural light, and prominent street presence. Located in a blossoming urban area just moments from downtown SLO, the property is perfect for entrepreneurs seeking to capitalize on the thriving local economy, an abundance of nearby amenities, and a built in customer base in the many flats and condos in close proximity. Suite C1 ($640,000) is 1,275 SF and features floor to celling windows and extensive outdoor patio space. Suite C2 ($465,000) is 1,021 SF and can be combined with suite C1 for close to 2,300 SF. Suite C3 ($485,000) is 1,073 SF. In addition to open street parking on both sides of Victoria and Caudill, the suites benefit from 11 onsite parking spaces dedicated to commercial use. Suites C1/C2 have access to a grease trap and venting systems, making this space ideal for a restaurant or caf. All suites are sold in cold shell condition. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consul
Welcome to Victoria Crossing in San Luis Obispo, where you can start accumulating wealth in your business and real estate. The community features 33 residential flats (FOR SALE) and three (3) modern commercial suites at ground level. An exceptional opportunity for an owner-user or investor, the commercial suites are new-construction featuring high ceilings, ample natural light, and prominent street presence. Located in a blossoming urban area just moments from downtown SLO, the property is perfect for entrepreneurs seeking to capitalize on the thriving local economy, an abundance of nearby amenities, and a built in customer base in the many flats and condos in close proximity. Suite C1 ($640,000) is 1,275 SF and features floor to celling windows and extensive outdoor patio space. Suite C2 ($465,000) is 1,021 SF and can be combined with suite C1 for close to 2,300 SF. Suite C3 ($485,000) is 1,073 SF. In addition to open street parking on both sides of Victoria and Caudill, the suites benefit from 11 onsite parking spaces dedicated to commercial use. Suites C1/C2 have access to a grease trap and venting systems, making this space ideal for a restaurant or caf. All suites are sold in cold shell condition. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses. Inquire today to schedule a showing, and for details including a site plan and technical specifications. This is a rare opportunity to invest in a commercial property with amazing growth potential.
Mixed use leased investment for sale in San Luis Obispo. Comprising two buildings on one parcel, 3590 3592 Sacramento, is a mixed-use project consisting of 14 apartments and 7 commercial units on a 63,162 sq. ft. parcel. The 14 apartments are all located in the rear, three story building at 3590 Sacramento Drive. The 7 commercial units are located on the first floor of 3590 Sacramento and in the front building at 3592 Sacramento. 60 reciprocal parking spaces. Due Diligence material available upon request and qualification. Sale Price: $9,995,000.
Mixed use leased investment for sale in San Luis Obispo. Comprising two buildings on one parcel, 3590 3592 Sacramento, is a mixed-use project consisting of 14 apartments and 7 commercial units on a 63,162 sq. ft. parcel. The 14 apartments are all located in the rear, three story building at 3590 Sacramento Drive. The 7 commercial units are located on the first floor of 3590 Sacramento and in the front building at 3592 Sacramento. 60 reciprocal parking spaces. Due Diligence material available upon request and qualification. Sale Price: $9,995,000.
Rare opportunity to acquire a newer Class A office building in a redeveloping area in Downtown San Luis Obispo. 8,340 SF building and tenant improvements were constructed in 2010. The building is condominiumized and can be demised up to eight office condo suites. It is currently comprised of four tenant suites, of which two are leased (4,677 SF) and two vacant (3,663 SF). Very modern and efficient office layouts include hard offices and bullpen areas, as well as balcony access. Opportunity for an owner/user to occupy and expand into more space, or an investor seeking a modern, quality commercial real estate asset, in an emerging and redeveloping area of Downtown San Luis Obispo. Great on-site parking and easy Downtown and freeway access. Perfect for a construction, engineering, insurance, real estate or tech office. $3,400,000.00
Rare opportunity to acquire a newer Class A office building in a redeveloping area in Downtown San Luis Obispo. 8,340 SF building and tenant improvements were constructed in 2010. The building is condominiumized and can be demised up to eight office condo suites. It is currently comprised of four tenant suites, of which two are leased (4,677 SF) and two vacant (3,663 SF). Very modern and efficient office layouts include hard offices and bullpen areas, as well as balcony access. Opportunity for an owner/user to occupy and expand into more space, or an investor seeking a modern, quality commercial real estate asset, in an emerging and redeveloping area of Downtown San Luis Obispo. Great on-site parking and easy Downtown and freeway access. Perfect for a construction, engineering, insurance, real estate or tech office.$3,400,000.00
1551 Bishop Street Building "A" is a freestanding medical office building consisting of three suites. Two of the three suites are leased. The third suite (Suite 150) is currently for lease at $2.50/SF NNN or it can be owner-occupied. The Bishop Street Medical Complex has ample parking for medical uses. Please see the attached rent roll for lease information.
1551 Bishop Street Building "A" is a freestanding medical office building consisting of three suites. Two of the three suites are leased. The third suite (Suite 150) is currently for lease at $2.50/SF NNN or it can be owner-occupied. The Bishop Street Medical Complex has ample parking for medical uses. Please see the attached rent roll for lease information.
Hayes Commercial Group introduces an exclusive opportunity to acquire or lease six highly improved parcels (together or separately) spanning 1.04 to 6.9 acres, featuring flexible Service Commercial (CS) zoning in a dynamic region of San Luis Obispo, California. These parcels are strategically located within one of California's top 10 fastest-growing counties, and they benefit from Tank Farm Road an essential east/west transportation corridor connecting Higuera St and Broad St thoroughfares. Moreover, Tank Farm Road's proximity to four expansive developments promises to enhance traffic flow to the area, amplifying the Property's versatile potential. See ''More'' Engineered soils on each parcel, along with redundant fiber optic connectivity, ample power, and connection to City services, establish an optimal environment for diverse applications, encompassing retail, industrial, multifamily, medical office, and self-storage. With the Property positioned at the epicenter of growth and offering the flexibility of purchase, ground lease, or build-to-suit arrangements, it stands out as an alluring opportunity for investors, developers, and businesses aiming to harness the upward trajectory of San Luis Obispo's growth.