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1390 Walker , San Luis Obispo, CA 93401
$4,600,000
Est. Payment: $23,228.65/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 70
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Chris Heller
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House Description

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.
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Highlights

Listed by Preston Thomas , 805-544-3900 Colliers Tingey International Inc. , 805-544-3900. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land
Lot/Acreage
1.1

County

San Luis Obispo

 Neighborhood

San Luis Obispo(380)

Listing ID

SC26047488

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$23,229
Taxes
$2,933

Home Price

$4,600,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$920,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$23,228.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $23,228.65 $2,932.50 $0.00 $26,161.15
Yearly $278,743.80 $35,190.00 $0.00 $313,933.80
Total $8,362,314.06 $1,055,700.00 $0.00 $9,418,014.06

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Luis Obispo, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-10T20:38:14.000Z

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