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    San Luis Obispo County, CA Apartment Buildings for Sale

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    Los Angeles, CA Lancaster, CA San Diego, CA
    11 results
    Historic Victorian Residence in San Luis Obispo
    $2,900,000
    5,888 SF
    Historic Victorian Residence in San Luis Obispo

    687 Islay, San Luis Obispo, CA 93401

    Iconic Victorian residence with income potential in downtown San Luis Obispo.
    • Historic Victorian residence built in 1895, restored and featuring original redwood with Douglas fir accents.
    • Income‑producing property with nine residential units (three 1‑bedroom, six studio lofts).
    • Large, nearly half‑acre lot with park‑like grounds, patio areas, and barbecue space.
    • Potential for future expansion and increased density, subject to local approvals.
    • Includes nine outbuildings for garages, storage, bicycle garage, social room, and laundry.
    Updated: Feb 13
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    Oceano Multifamily Investment Opportunity
    $1,800,000
    5,500 SF
    Oceano Multifamily Investment Opportunity

    1960 Beach Street, Oceano, CA 93445

    10-unit multifamily property near the beach in Oceano, California.
    • 10‑unit multifamily property in a convenient Oceano location, roughly one mile from the beach and near Central Market.
    • Comprised of four buildings across two separate lots totaling 14,000 SF.
    • Includes two detached 2BD/1BA homes with single‑car garages and in‑home laundry hookups.
    • Features eight additional apartment‑over‑garage units with separately rented garages for extra income.
    • Streamlined operations with separately metered units and on‑site coin‑operated laundry rooms.
    Updated: Jan 8
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    Los Osos Multifamily Investment
    $1,495,000
    13,981.00 Acres
    Los Osos Multifamily Investment

    Five single-level units in Los Osos, consistently rented.

    1957 10th, Los Osos, CA 93402

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    Historic Victorian Residence in San Luis Obispo
    $3,900,000
    0.50 Acres
    Historic Victorian Residence in San Luis Obispo

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

    687 Islay, San Luis Obispo, CA 93401

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    Adjacent Apartment Portfolio with 24 Units
    $5,000,000
    16,748 SF
    Adjacent Apartment Portfolio with 24 Units

    Two adjacent two-story apartment buildings totaling 24 units on separate lots with an in-place utility billing program.

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

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    Historic Allen House Multifamily Property
    $3,895,000
    4,688 SF
    Historic Allen House Multifamily Property

    Renovated 17-bedroom property in San Luis Obispo's Historic Downtown.

    1700 Osos Street, San Luis Obispo, CA 93401

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    Atascadero Apartment Complex For Sale
    $7,595,000
    62,548 SF
    Atascadero Apartment Complex For Sale

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

    11145-11215 El Camino Real, Atascadero, CA 93422

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    Oceano Multifamily Investment Opportunity
    $1,800,000
    0.32 Acres
    Oceano Multifamily Investment Opportunity

    Ten-unit multifamily property near Central Market and Oceano beach.

    1960 Beach Street, Oceano, CA 93445

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    Remodeled Paso Robles Apartment Building
    $2,359,000
    Remodeled Paso Robles Apartment Building

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

    3505 Spring, Paso Robles, CA 93446

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    Mixed-Use Property in Arroyo Grande
    $6,500,000
    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

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    Vintage Apartment Building in Cambria
    $1,199,000
    Vintage Apartment Building in Cambria

    Five-unit apartment building with a four-bedroom unit and creek access.

    2580 Main Street, Cambria, CA 93428

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in San Luis Obispo County, CA, we suggest exploring several alternatives: similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres
    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384

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    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres
    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534

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    Land in Picfair Village
    $1,495,000
    0.16 Acres
    Land in Picfair Village

    Vacant land approved for 20-unit multifamily project in prime location.

    1562 S Fairfax Ave, Los Angeles, CA 90019

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    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres
    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029

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    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.

    172 Ocean Vw Ave
    APARTMENT HOUSE (5+ UNITS)
    273 SF Lot: 0.22 Acres
    Value Estimation by Request

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

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    1771 Johnson Ave
    APARTMENT HOUSE (5+ UNITS)
    1,903 SF Lot: 0.32 Acres
    Value Estimation by Request

    1771 Johnson Ave, San Luis Obispo, CA 93401

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    279 Br St
    APARTMENT HOUSE (5+ UNITS)
    6,142 SF Lot: 0.46 Acres
    Estimated value
    $2,185,000

    279 Br St, San Luis Obispo, CA 93401-5026

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    261 Hazel Ln
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.06 Acres
    Estimated value
    $1,175,000

    261 Hazel Ln, Nipomo, CA 93444-9659

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    318 4th St
    APARTMENT HOUSE (5+ UNITS)
    756 SF Lot: 0.94 Acres
    Value Estimation by Request

    318 4th St, Paso Robles, CA 93446-2401

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    420 11th St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.49 Acres
    Value Estimation by Request

    420 11th St, Paso Robles, CA 93446-2527

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    2630 Spyglass Dr
    APARTMENT HOUSE (5+ UNITS)
    4,327 SF Lot: 0.15 Acres
    Estimated value
    $1,160,000

    2630 Spyglass Dr, Pismo Beach, CA 93449-1754

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    60 Casa St
    APARTMENT HOUSE (5+ UNITS)
    10,484 SF Lot: 1.35 Acres
    Value Estimation by Request

    60 Casa St, San Luis Obispo, CA 93405-1867

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    2605 Solano Rd
    APARTMENT HOUSE (5+ UNITS)
    5,344 SF Lot: 0.14 Acres
    Estimated value
    $1,300,000

    2605 Solano Rd, Pismo Beach, CA 93449-1735

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    2607 Solano Rd
    APARTMENT HOUSE (5+ UNITS)
    5,344 SF Lot: 0.14 Acres
    Estimated value
    $1,300,000

    2607 Solano Rd, Pismo Beach, CA 93449-1734

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    4725 Miramon Ave
    APARTMENT HOUSE (5+ UNITS)
    4,171 SF Lot: 0.45 Acres
    Estimated value
    $1,200,000

    4725 Miramon Ave, Atascadero, CA 93422-3571

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    1622 Palm St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.34 Acres
    Estimated value
    $2,600,000

    1622 Palm St, San Luis Obispo, CA 93401

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    1236 Monte Vis Pl
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.66 Acres
    Value Estimation by Request

    1236 Monte Vis Pl, San Luis Obispo, CA 93405-1431

    View details

    San Luis Obispo County, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in San Luis Obispo County, CA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 114,724 square feet of properties for sale, with an estimated market value of $27,690,000.

    Sale prices for two-family homes in San Luis Obispo County, CA start at $1,800,000, averaging $4,615,000, 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.

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