San Luis Obispo Homes with Multi Family Subtype

San Luis Obispo Homes with Multi Family Subtype

Welcome to San Luis Obispo, a charming city nestled in the heart of California’s picturesque Central Coast. Known for its stunning natural beauty, vibrant culture, and friendly atmosphere, San Luis Obispo—often affectionately referred to as SLO—offers an idyllic setting for both residents and visitors alike. With its rolling hills, scenic vineyards, and the iconic San Luis Obispo Mission, the city is a delightful blend of history, outdoor adventure, and modern amenities.

San Luis Obispo boasts a mild Mediterranean climate, making it an ideal location for year-round outdoor activities. From hiking the serene trails of Bishop Peak to enjoying a leisurely stroll through the downtown area, where local shops, restaurants, and farmers' markets abound, there’s always something to do. The city is also home to Cal Poly, which infuses a youthful energy and a strong sense of community into the area.

For those looking to invest in real estate, San Luis Obispo offers a variety of housing options, including multifamily homes. These properties are perfect for both investors and families seeking to create a sense of community. Multifamily homes in SLO provide an excellent opportunity for rental income, allowing homeowners to benefit from the city’s thriving rental market. With a diverse range of styles and sizes available, these homes can accommodate various lifestyles, whether you’re looking for a cozy duplex or a spacious triplex.

Discover your perfect home in San Luis Obispo, where a vibrant community and stunning landscapes await!

Newest San Luis Obispo Homes with Multi Family Subtype

356 N Chorro, San Luis Obispo
$4,200,000
SC26212823 MLS ⋅ Active Status
Welcome to Leland Lofts, a 14-unit multifamily property in the heart of San Luis Obispo. Across three buildings, the property offers 12 studios, 2 one-bedroom residences with 1 1/2 baths, on-site laundry, storage and 16 parking spaces and 5 storage spaces. The location puts residents within a short walk or bike ride to Cal Poly, the Foothill shopping and dining district and downtown San Luis Obispo. The current tenant culture consists of working professionals, some of whom work at Cal Poly. In recent years current ownership has invested in the property with new windows, new roof, exterior painting, fencing, landscaping and site improvements, new commercial laundry equipment and renovations in multiple units. The property is currently fully occupied with month to month leases. Leland Lofts offers strong current income with potential to raise rents and from unrented storage units. Explore future improvements with the City for additional units subject to independent feasibility review and required approvals. Broker makes no claim in regards to market rents or construction enhancements. All information dispersed is deemed reliable, but not guaranteed. Buyer and buyer's agent or broker to confirm all facts relating to the property. Contact us for the property fact sheet, rent roll and detailed financial information.

356 N Chorro, San Luis Obispo
1390 Walker, San Luis Obispo
$4,600,000
SC26025867 MLS ⋅ Active Status
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.

1390 Walker, San Luis Obispo
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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