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San Luis Obispo, CA Apartment Buildings for Sale

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Historic Victorian Multifamily Investment Opportunity
$3,900,000
5,888 SF

Historic Victorian Multifamily Investment Opportunity

687 Islay St, San Luis Obispo, CA 93401

Iconic Victorian residence in downtown San Luis Obispo with development potential.

  • Historic Victorian residence built in 1895 on a large downtown San Luis Obispo property.
  • Income‑producing property with nine residential units.
  • Potential for future expansion and increased density, subject to local approvals.
  • Restored with preserved historic character: ornate Victorian detailing, original redwood with Douglas fir accents, 12‑foot ceilings, expansive windows.
  • Includes a large basement, park‑like grounds, patio areas, and barbecue space.
Updated: Feb 13
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Based on your search, we've compiled 311 Potential Opportunities for your consideration. Besides 1 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 306 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pismo Beach Apartment Investment Opportunity
$4,275,000
6,012 SF

Pismo Beach Apartment Investment Opportunity

7-unit apartment building near Pismo Beach Boardwalk.

175 Stimson Ave, Pismo Beach, CA 93449
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Pismo Beach Multifamily Investment Opportunity
$2,750,000

Pismo Beach Multifamily Investment Opportunity

8-unit multifamily property near Pismo Beach and Pismo Pier.

172 Ocean View Ave, Pismo Beach, CA 93449
View details
Mixed-Use Property in Arroyo Grande
Contact for pricing
19,352 SF

Mixed-Use Property in Arroyo Grande

Two buildings with suites, apartments, and parking in Arroyo Grande.

200-230 Station Way, Arroyo Grande, CA 93420
View details
Versatile Mixed-Use Property
$6,500,000

Versatile Mixed-Use Property

Mixed-use property with office, retail, and residential spaces.

200230 Station Way, Arroyo Grande, CA 93420
View details

Explore Off-Market Properties in San Luis Obispo, CA

Consider similar Off-Market properties in San Luis Obispo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3217 Johnson Ave

3217 Johnson Ave

APARTMENT HOUSE (5+ UNITS) • 2.62 Acres
Value Estimation by Request
3217 Johnson Ave, San Luis Obispo, CA 93401-6000
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1363 Pismo St

1363 Pismo St

APARTMENT HOUSE (5+ UNITS) • 0.78 Acres
Value Estimation by Request
1363 Pismo St, San Luis Obispo, CA 93401-3344
View details
648 Felton Way

648 Felton Way

APARTMENT HOUSE (5+ UNITS) • 1.23 Acres
Value Estimation
$650,000
648 Felton Way, San Luis Obispo, CA 93405-1169
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1600 Bishop St

1600 Bishop St

APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
Value Estimation by Request
1600 Bishop St, San Luis Obispo, CA 93401-4644
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11341 Los Osos Vly Rd, Unit A

11341 Los Osos Vly Rd, Unit A

APARTMENT HOUSE (5+ UNITS) • 4,092 SF
Value Estimation
$810,000
11341 Los Osos Vly Rd, San Luis Obispo, CA 93405-6360
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1262 Murray Ave

1262 Murray Ave

APARTMENT HOUSE (5+ UNITS) • 5,668 SF
Value Estimation
$1,180,000
1262 Murray Ave, San Luis Obispo, CA 93405-1859
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101 Mustang Dr

101 Mustang Dr

APARTMENT HOUSE (100+ UNITS) • 8,760 SF
Value Estimation
$1,640,000
101 Mustang Dr, San Luis Obispo, CA 93405-9000
View details
3350 Bullock Ln

3350 Bullock Ln

APARTMENT HOUSE (5+ UNITS) • 8,378 SF
Value Estimation
$1,815,000
3350 Bullock Ln, San Luis Obispo, CA 93401-7111
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522 Dana St

522 Dana St

APARTMENT HOUSE (5+ UNITS) • 5,549 SF
Value Estimation
$1,210,000
522 Dana St, San Luis Obispo, CA 93401-3407
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2240 Emily St

2240 Emily St

APARTMENT HOUSE (5+ UNITS) • 17,794 SF
Value Estimation
$5,150,000
2240 Emily St, San Luis Obispo, CA 93401-5218
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200 Santa Rosa St

200 Santa Rosa St

APARTMENT HOUSE (5+ UNITS) • 15,193 SF
Value Estimation
$2,750,000
200 Santa Rosa St, San Luis Obispo, CA 93405-1366
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103 Stenner St

103 Stenner St

APARTMENT HOUSE (5+ UNITS) • 4,391 SF
Value Estimation
$1,100,000
103 Stenner St, San Luis Obispo, CA 93405-8808
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1885 Garfield St

1885 Garfield St

APARTMENT HOUSE (5+ UNITS) • 18,564 SF
Value Estimation
$3,435,000
1885 Garfield St, San Luis Obispo, CA 93401-2662
View details
2005 Johnson Ave

2005 Johnson Ave

APARTMENT HOUSE (5+ UNITS) • 1,762 SF
Value Estimation by Request
2005 Johnson Ave, San Luis Obispo, CA 93401-4532
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2929 Augusta St

2929 Augusta St

APARTMENT HOUSE (5+ UNITS) • 1.00 Acres
Value Estimation by Request
2929 Augusta St, San Luis Obispo, CA 93401-5853
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228 High St

228 High St

APARTMENT HOUSE (5+ UNITS) • 0.39 Acres
Value Estimation by Request
228 High St, San Luis Obispo, CA 93401-5016
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1975 Abbott St Sta, Unit A

1975 Abbott St Sta, Unit A

APARTMENT HOUSE (5+ UNITS) • 750 SF
Value Estimation by Request
1975 Abbott St Sta, San Luis Obispo, CA 93401-2629
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742 Boysen Ave

742 Boysen Ave

APARTMENT HOUSE (5+ UNITS) • 18,894 SF
Value Estimation
$2,735,000
742 Boysen Ave, San Luis Obispo, CA 93405-1368
View details
2043 Cypress St

2043 Cypress St

APARTMENT HOUSE (5+ UNITS) • 4,280 SF
Value Estimation
$1,315,000
2043 Cypress St, San Luis Obispo, CA 93401-5171
View details
607 Grand Ave

607 Grand Ave

APARTMENT HOUSE (5+ UNITS) • 6,798 SF
Value Estimation
$1,490,000
607 Grand Ave, San Luis Obispo, CA 93401-2665
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3053 Higuera St

3053 Higuera St

APARTMENT HOUSE (5+ UNITS) • 3,384 SF
Value Estimation
$845,000
3053 Higuera St, San Luis Obispo, CA 93401-6634
View details
887 Islay St

887 Islay St

APARTMENT HOUSE (5+ UNITS) • 6,116 SF
Value Estimation
$1,200,000
887 Islay St, San Luis Obispo, CA 93401-4008
View details
566 Pacific St

566 Pacific St

APARTMENT HOUSE (5+ UNITS) • 5,235 SF
Value Estimation
$1,320,000
566 Pacific St, San Luis Obispo, CA 93401-3939
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San Luis Obispo, CA Apartment Buildings Investment Opportunities Market Analysis

Explore 307 apartment buildings for sale in San Luis Obispo, CA on our real estate platform. These investment opportunities span a total of 906,498,322 square feet of properties for sale, with an estimated market value of $137,530,000.

Sale prices for two-family homes in San Luis Obispo, CA start at $70,000, averaging $859,562, and reaching up to $7,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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