879 Walnut St San Luis Obispo, CA 93401
Property details
About 879 Walnut St
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.
Highlights
Summary
- List Price: $698,000
- HOA Amount: $0
- Annual Tax Amount: $750
- Tax Year: 2024
- Lot: Level, Paved, Rectangular Lot
- Directions: Between Santa Rosa Street and Chorro Street
- Lot Size: 0.1377 Acres
- MLS Number: AR25062496
- MLS Name: CRMLS
- Office Name: Re/Max Premier Prop SanMarino
- Office Phone: (951) 741-0002
- Listing Agent: Andrew Loeffler
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 7/25/2025, 12:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $67,929 | $750 |
| 2023 | $66,598 | $737 |
| 2022 | $65,293 | $690 |
| 2021 | $64,013 | $679 |
| 2020 | $63,357 | $673 |
| 2019 | $62,115 | $652 |
| 2018 | $60,898 | $652 |
| 2017 | $59,704 | $640 |
History based on county public records data.
Nearby schools
5
Pacheco Elementary School
Public District KG-6
1.0 mi
•261 Cuesta Dr
5
Hawthorne Elementary School
Public District KG-6
1.0 mi
•2125 Story St
6
Bishop's Peak Elementary School
Public District KG-6
1.4 mi
•451 Jaycee Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,571. Most San Luis Obispo, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Yoga/pilates
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Sonic
What do the neighbors drive?
Pontiac
Audi
Infiniti
What do the neighbors listen to?
Urban Contemporary
Alternative- Rhythmic Contemporary Hits
Frequently asked questions
About 879 Walnut St
The listing price of 879 Walnut St property is $698,000.
The property 879 Walnut St is land located in San Luis Obispo, California, 93401.
Active Listing: 879 Walnut St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 879 Walnut St are: Pacheco Elementary School (GreatSchools Rating 5/10), Hawthorne Elementary School (GreatSchools Rating 5/10), Bishop's Peak Elementary School (GreatSchools Rating 6/10), Teach Elementary School (GreatSchools Rating 9/10), Laguna Middle School (GreatSchools Rating 7/10), Los Osos Middle School (GreatSchools Rating 7/10), San Luis Obispo High School (GreatSchools Rating 9/10), Pacific Beach High School (GreatSchools Rating 3/10), Grizzly Challenge Charter (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $750 (source: MLS/based on county public records data).
The property 879 Walnut St is 0.138 acres.
This home is located at 879 Walnut St in San Luis Obispo, CA and zip code 93401. Features: 0 bathroom. It has been listed on Rocket Homes since March 22, 2025 and is currently priced at $698,000.
San Luis Obispo, CA housing market in June 2025 saw over 10 listings sold above listed price, more than 4 sold at listed price and over 17 sold below. The number of homes for sale in San Luis Obispo, CA did not change between May and June 2025. While the average time on the market in June 2025 was 32 days, the median list price was $1,040,000.