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Lot/land
  • Listed by: Re/Max Premier Properties • Andrew Loeffler • Contact: 951-741-0002
    $448,000

    879 Walnut St #3, San Luis Obispo, CA 93401

    --beds
    --baths
    6,000Square Feet
    Unimproved Land
    Built in ----
    6,000 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Flat accessible land
    BACK ON THE MARKET! Look at this 6,000 sqft R4 lot priced to SELL! Amazing development opportunity in one of the best cities on the California Central Coast! Flat, accessible land zoned R4 right in the Downtown San Luis Obispo neighborhood. Per the city, density allows for possibly 8 units. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. Bike score is a very bike-able 75. Nearby parks include Mission Plaza, Santa Rosa Park and Mitchell Park. San Luis Obispo has an average Walk Score of 56 and has 45,119 residents. Downtown is absolutely bustling with activity. There are coffee shops, restaurants, tons of retail and commercial, rooftop bars, underground breweries, museums, historic landmarks including Mission San Luis Obispo de Tolosa est. 1772 in Mission Plaza. There are cultural events, not to mention Thursday Farmers Market, and Bubblegum Alley. You can be at Morro Bay or Pismo Beach in ten minutes or get right on the 101 and go wherever you need to go. Whether building for students or busy professionals, this site is perfect for your next project. The City of San Luis Obispo recognizes the need for housing and is excited to work with you. There may be Housing Finance Agencies (HFAs) offering additional credits or soft funding. Buyer to confirm all information and satisfy themselves with regard to all questions of density, building, etc.
    47 days
    542
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Loeffler DRE #01193598 951-741-0002,

    Re/Max Premier Properties

    Source: CRMLS,MLS#: AR26159820MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Property

      Lot
      • Size: 6,000 Square Feet
      • Features: Level, Near Park, Paved, Rectangular Lot, Street Level, Value In Land
      Details
      • Parcel number: 002297046
      • Zoning: R4
      • Special conditions: Standard
      • Horse amenities: Riding Trail

      Utilities & green energy

      • Water: See Remarks

      Community & HOA

      Community
      • Features: Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks, Park
      • Subdivision: San Luis Obispo(380)
      Location
      • Region: San Luis Obispo

      Financial & listing details

      • Date on market: 7/22/2026
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Listed for sale$448,000+19.5%
        Source: CRMLS #AR26159820 Report a problem
        5/4/2026Sold$375,000-16.3%
        Source: CRMLS #AR25253291 Report a problem
        5/1/2026Pending sale$448,000
        Source: CRMLS #AR25253291 Report a problem
        1/7/2026Price change$448,000-18.2%
        Source: CRMLS #AR25253291 Report a problem
        11/4/2025Listed for sale$548,000
        Source: CRMLS #AR25253291 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93401

        Getting around

        91 / 100
        Walker's Paradise
        38 / 100
        Some Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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