The median home value in San Luis Obispo, CA is $905,250.
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 $905,250.
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.
This could be the best office condo in San Luis Obispo. Pictures do not do this suite justice. You will not find a better office buildout/layout in town. Second floor suite with high-end finishes and spectacular view of the City of San Luis Obispo. Perfect for a wealth management, real estate or law office. Possibility to demise a portion off separate. Separate access from main building entrance. Elevator served. Good on-site parking. In addition, Seller is willing to carry back a 1st trust deed. Opportunities like this are rare in the City of San Luis Obispo. Make your office space move now! Suite will be delivered vacant, perfect owner-user opportunity. $875,000
This could be the best office condo in San Luis Obispo. Pictures do not do this suite justice. You will not find a better office buildout/layout in town. Second floor suite with high-end finishes and spectacular view of the City of San Luis Obispo. Perfect for a wealth management, real estate or law office. Possibility to demise a portion off separate. Separate access from main building entrance. Elevator served. Good on-site parking.In addition, Seller is willing to carry back a 1st trust deed. Opportunities like this are rare in the City of San Luis Obispo. Make your office space move now! Suite will be delivered vacant, perfect owner-user opportunity. $875,000
A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.
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.
A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.
Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In addition its premier location also is less than two blocks away from Duncan Alley, Crossroads and many other coffee shops and local restaurants. New ownership will benefit from the well designed project by Arris Architecture and a bid in hand from JW Design.
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.
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.
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.
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.
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. 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. Traffic Counts: 18,876 Frontage: 500.35' Uses: Retail, Industrial, Multifamily, Medical Office, and Self-Storage
This exceptional commercial property located on Sacramento Drive, recently underwent a renovation, and is now a part of the well known Broad Street Village mixed-use complex. The unit boasts a versatile CS zoning and a spacious open-floor layout, making it suitable for a wide range of business operations. Measuring approximately 638 square feet, this commercial space features two separate entrances and a fully equipped kitchenette. In addition, the unit has access to two well-appointed common area bathrooms, making it an ideal location for your business. Experience the perfect balance of style and functionality at this prime commercial location
This exceptional commercial property located on Sacramento Drive, recently underwent a renovation, and is now a part of the well known Broad Street Village mixed-use complex. The unit boasts a versatile CS zoning and a spacious open-floor layout, making it suitable for a wide range of business operations. Measuring approximately 638 square feet, this commercial space features two separate entrances and a fully equipped kitchenette. In addition, the unit has access to two well-appointed common area bathrooms, making it an ideal location for your business. Experience the perfect balance of style and functionality at this prime commercial location
The Davidsons Furniture building is offered for the first time on the market since 1930. Includes: +/- 9,465 sq. ft. of existing, single-story building, divided into three store fronts: Building A: +/- 4,340 sq. ft., plus mezzanine. Building B: +/- 2,200 sq. ft., plus mezzanine. Building C: +/- 2,925 sq. ft. Seismic retrofit work performed. Zoned: CC. Parcel includes additional land at the rear of the building and has alley access off Nipomo Street. This asset is situated in the epicenter of new growth for downtown San Luis Obispo.
The Davidsons Furniture building is offered for the first time on the market since 1930. Includes: +/- 9,465 sq. ft. of existing, single-story building, divided into three store fronts: Building A: +/- 4,340 sq. ft., plus mezzanine. Building B: +/- 2,200 sq. ft., plus mezzanine. Building C: +/- 2,925 sq. ft. Seismic retrofit work performed. Zoned: CC. Parcel includes additional land at the rear of the building and has alley access off Nipomo Street. This asset is situated in the epicenter of new growth for downtown San Luis Obispo.
Offering consists of a Craftsman Style office for Sale with +/- 1,294* sq. ft. Includes 4 offices and open work area. Handicap access ramp. Zoning: office; allows residential. 4 on-site parking spaces. Sale price: $1,030,000. Rent roll and virtual tour available upon request. Short term lease in place. Adjacent property also for sale. Both 1410 and 1402 / 1406 Marsh may be purchased together at a reduced price. * does not include additional?second floor space
Offering consists of a Craftsman Style office for Sale with +/- 1,294* sq. ft. Includes 4 offices and open work area. Handicap access ramp. Zoning: office; allows residential. 4 on-site parking spaces. Sale price: $1,030,000. Rent roll and virtual tour available upon request. Short term lease in place. Adjacent property also for sale. Both 1410 and 1402 / 1406 Marsh may be purchased together at a reduced price. * does not include additional?second floor space