CnC Realty
1 / 6

$4,600,000

1390 Walker

San Luis Obispo, CA 93401

Active

San Luis Obispo

County

Land

Property Type

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.

Listed by Preston Thomas · DRE #01378821 · Colliers Tingey International Inc.
MLS #1154330895
ListedMar 4, 2026

Property Details

Architecture

StoriesN/A
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryN/A
Parking FeaturesN/A
Parking TotalN/A
Patio & PorchN/A
Entry LevelN/A
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size1.10 ac
Lot FeaturesCorner Lot, Lot Over40000 Sqft
ViewNone
DirectionsDowntown SLO

Community

AreaSLO - San Luis Obispo
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$24,483/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 4:00 PM

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