$548,000
Price
6,000 / 0.14
Lot Size / Acres

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...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.
  1. Listed by Andrew Loeffler • DRE #01193598 • Brokerage DRE #01379606 • Re/Max Premier Prop SanMarino • 951-741-0002

Property Details for 879 Walnut Street

View
None
Lot Size Source
Assessor
Assessor Parcel Number
002297046
New Construction
No
Pool
No
View
No
View
No
Association
No
LISTING UPDATED: 11/03/2025 02:11 PM

Property Details for 879 Walnut Street

StatusActive
MLS #AR25253291
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.14 AC
CountySan Luis Obispo County

Location

Listing Courtesy of Re/Max Premier Prop SanMarino, Andrew Loeffler, DRE #01193598
Add your commute

Building Information for 879 Walnut Street

Lot Size0.14 AC

Payment Calculator

$2,772 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,708

Property Taxes

$64

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 879 Walnut Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 69
  • Tax Census Tract: 111.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks
  • Community: San Luis Obispo(380)
  • Complex Features: Horse Trails
Property / Structure Info
Exterior Features
  • Structures: Value in Land
  • Other Structures: Value in Land
  • Miscellaneous: Value in Land
  • View Description: None
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Lot Features: Level with Street, Rectangular Lot, Level, Park Nearby, Paved, Value In Land
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: See Remarks
  • Water Source: See Remarks
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)
  • Residential Styles: Lots/Land

Property History for 879 Walnut Street

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Listed (Active)

CLAW #AR25253291MR

$548,000
Nov 3, 2025

Listed (Active)

SDMLS #AR25253291

$548,000
Nov 3, 2025

Listed (Active)

CRMLS #AR25253291

$548,000
Nov 1, 2025

Expired

CRMLS #AR25062496

Oct 31, 2025

Expired

SDMLS #AR25062496

$628,000
Oct 31, 2025

Expired

CLAW #AR25062496MR

$628,000
Sep 19, 2025

Price Change

CRMLS #AR25062496

$628,000
Jun 16, 2025

Price Change

CLAW #AR25062496MR

$698,000
Jun 16, 2025

Price Change

CRMLS #AR25062496

$698,000
Jun 16, 2025

Price Change

SDMLS #AR25062496

$698,000
May 10, 2025

Price Change

CLAW #AR25062496MR

$748,000
May 10, 2025

Price Change

CRMLS #AR25062496

$748,000
Mar 22, 2025

Listed (Active)

CRMLS #AR25062496

$898,000
Mar 21, 2025

Listed (Active)

SDMLS #AR25062496

$898,000
Mar 21, 2025

Listed (Active)

CLAW #AR25062496MR

$898,000
DateEvent & SourcePrice
11/03/2025

Listed (Active)

CLAW #AR25253291MR

$548,000
11/03/2025

Listed (Active)

SDMLS #AR25253291

$548,000
11/03/2025

Listed (Active)

CRMLS #AR25253291

$548,000
11/01/2025

Expired

CRMLS #AR25062496

10/31/2025

Expired

SDMLS #AR25062496

$628,000
10/31/2025

Expired

CLAW #AR25062496MR

$628,000
09/19/2025

Price Change

CRMLS #AR25062496

$628,000
06/16/2025

Price Change

CLAW #AR25062496MR

$698,000
06/16/2025

Price Change

CRMLS #AR25062496

$698,000
06/16/2025

Price Change

SDMLS #AR25062496

$698,000
05/10/2025

Price Change

CLAW #AR25062496MR

$748,000
05/10/2025

Price Change

CRMLS #AR25062496

$748,000
03/22/2025

Listed (Active)

CRMLS #AR25062496

$898,000
03/21/2025

Listed (Active)

SDMLS #AR25062496

$898,000
03/21/2025

Listed (Active)

CLAW #AR25062496MR

$898,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 879 Walnut Street

Taxable ValueLand$69,287Additions-Total$69,287
Tax Record2025$764 ($64 / month)
Home Facts
Beds0Lot Size6,000 SqFtStyleResidentialZoningR4CountySAN LUIS OBISPOAPN002-297-046

Schools near 879 Walnut Street

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Hawthorne Elementary School
PublicK to 6

Laguna Middle School
Public7 to 8

San Luis Obispo High School
Public9 to 12

Peep - De'Groot - Prepare School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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879 Walnut Street is a 0.14 ac of land for sale in San Luis Obispo, CA 93401. This property was listed for sale on November 3, 2025 by Re/Max Premier Prop SanMarino, it's currently listed at $548,000. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Hawthorne Elementary School, Laguna Middle School and San Luis Obispo High School. 879 Walnut Street is a 0-bed, 0-bath, 0.14 ac of land on a 6,000 sq. ft. / 0.14 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Premier Prop SanMarino, Andrew Loeffler, DRE #01193598

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.