San Luis Obispo County, CA Apartment buildings for sale

Updated: Apr 27

Mixed-Use Development Site

1390 Walker St, San Luis Obispo, CA 93401

$4,600,000

1,420 sqft 1.10 AC lot

1.1‑acre infill site in Downtown San Luis Obispo combining three adjacent Commercial Service‑zoned lots
City‑approved entitlements for a 4‑story, 49‑unit residential apartment/condo project with on‑site parking
Existing 1,420 SF commercial building plus approved 770 SF addition
Residential and commercial components can be purchased together or separately
WalkScore 84 (very walkable) and bikeScore 81 (very bikeable)

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Updated: May 28

6-Unit Multifamily Property

740 Ramona Avenue, Unit 740760, Grover Beach, CA 93433

$2,290,000

4,500 sqft 0.24 AC lot

6‑unit multifamily in Grover Beach: two triplex buildings with three 2‑bedroom/1‑bath apartments each
Each triplex has three 2BR/1BA units approximately 750 SF, with apartments located above separate 2‑car garages
Separate metering: each unit is separately metered for gas and electricity, with each triplex having its own water meter
On‑site laundry: each triplex includes its own laundry room
Built in 1983 on a 10,600 SF lot

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Atascadero Apartment Complex For Sale

11145-11215 El Camino Real, Atascadero, CA 93422

$7,595,000

62,548 sqft

64-unit apartment complex with garages and pool in Atascadero, CA.

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See what stands out in San Luis Obispo County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Historic Victorian Residence in San Luis Obispo

687 Islay Street, San Luis Obispo, CA 93401

$2,600,000

20,735 sqft 0.50 AC lot

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

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Apartment Building for Sale

2231 Wisteria, Paso Robles, CA 93446

$7,500,000

59,832 sqft

Apartment building offered for sale in San Luis Obispo County.

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Multi-Unit Apartment Building with Yards

35 Blarney, San Luis Obispo, CA 93405

$2,725,000

For sale multi-unit apartment with seven long-term rentals, many featuring private fenced yards.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

8-Unit Multifamily with Private Patios

3380 Bullock Ln, San Luis Obispo, CA 93401

$3,075,000

Eight-unit multifamily offering private patios, updated kitchens with stainless-steel appliances, and on-site coin-operated laundry.

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Ocean-View Apartment Building

351 San Luis Ave, Pismo Beach, CA 93449

$1,730,000

Five-unit coastal property with a private-balcony studio, shared patio, garage, laundry room, and storage shed.

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Paso Robles Multifamily Property

11011 S Shore Dr, Paso Robles, CA 93446

$404,995

0.23 AC lot

Multifamily property for sale in Paso Robles, California.

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12-Unit Apartment Building

505 Brizzolara St, San Luis Obispo, CA 93401

$4,375,000

Private parking, on-site laundry, and a shared patio serve a centrally located multifamily property.

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Remodeled Paso Robles Apartment Building

3411-& 3505 Spring Street, Paso Robles, CA 93446

$4,500,000

Recently remodeled 10-unit apartment building in Paso Robles, California.

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104-Unit Apartment Portfolio

607 Grand Ave, San Luis Obispo, CA 93401

Contact for pricing

Three properties are adjacent to California Polytechnic State University in San Luis Obispo.

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74-Unit Apartment Complex

9170-9190 Seville Lane, Atascadero, CA 93422

Contact for pricing

4.00 AC lot

Multi-building apartment community constructed between 2015 and 2016.

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Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 13 Active listings in San Luis Obispo County, CA, we suggest exploring several alternatives: similar 59 Off-Market properties to explore as potential leads

Off-Market Properties in San Luis Obispo County, CA

Consider similar Off-Market properties in San Luis Obispo County, 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.

APARTMENT HOUSE (5+ UNITS)

172 Ocean Vw Ave, Pismo Beach, CA 93449-2677

Value Estimation by Request

273 sqft 0.22 AC lot

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APARTMENT HOUSE (5+ UNITS)

Value Estimation by Request

10,484 sqft 1.35 AC lot

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APARTMENT HOUSE (5+ UNITS)

2605 Solano Rd, Pismo Beach, CA 93449-1735

$1,300,000

Estimated value

5,344 sqft 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

2607 Solano Rd, Pismo Beach, CA 93449-1734

$1,300,000

Estimated value

5,344 sqft 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

4725 Miramon Ave, Atascadero, CA 93422-3571

$360,000

Estimated value

4,171 sqft 0.45 AC lot

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San Luis Obispo County, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in San Luis Obispo County, CA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 149,035 square feet of properties for sale, with an estimated market value of $41,394,995.

Sale prices for two-family homes in San Luis Obispo County, CA start at $404,995, averaging $3,763,181, and reaching up to $7,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Featured San Luis Obispo County Real Estate Agencies

Realmo connects you with licensed San Luis Obispo County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Stravinsky Holdings Inc

350 James Way, Ste 130 Pismo Beach, CA 93449

Phone: 18057737777

www.centralcoastkw.com

Allan Real Estate Investments

135 N. Halcyon Road, Ste A Arroyo Grande, CA 93420

Phone: 18054737500

allanrealestate.com

Mike Ryan Real Estate

3395 La Panza Rd. Creston, CA 93432

Phone: 18056741043

ryanranchproperties.com