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Listed by Andrew Loeffler • Re/Max Premier Prop SanMarino
$ 898,000
Est. payment /mo
Active
879 Walnut Street San Luis Obispo, CA 93401
6,000 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR-25062496
Lot Size 6,000 Sqft
Property Description
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 8 units - potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It's a Walker's Paradise so daily errands do not require a car. 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.
Location
State CA
County San Luis Obispo
Zoning R4
Exterior
Community Features Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks
View Y/N No
View None
Building
Lot Description Level, Level with Street, Park Nearby, Paved, Rectangular Lot, Value In Land