San Luis Obispo County, CA Apartment buildings for sale

Updated: Aug 28

12-Unit Apartment Building

505 Brizzolara St, San Luis Obispo, CA 93401

$3,900,000

7,894 sqft

12‑unit property with ten two‑bedroom/one‑bath apartments and two studios
Unit 12 converted from an office to a studio in 2024; work was not permitted
New roof and gutters installed in 2020
Zinsco electrical replacement and new main panel completed in 2020
Private parking lot, on‑site laundry, and communal patio

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Updated: Apr 28

Mixed-Use Development Site

1390 Walker, San Luis Obispo, CA 93401

$4,600,000

1,400 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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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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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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12-Unit Townhouse Apartment Property

639 Park, El Paso de Robles (, Paso Robles, CA 93446

$4,900,000

Four residential buildings offer private fenced patios, individual HVAC and water heaters, and shared coin-operated laundry.

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7-Unit Apartment Building

1440 K St, San Miguel, CA 93451

$1,095,000

The property combines a detached residence with studio apartments and voucher-supported units.

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Apartment Building with Carport

1570 Lakeside, Oceano, CA 93445

$2,200,000

The 1984 property has wood exterior construction and wall-furnace heating.

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Multi-Unit Apartment Building with Yards

35 Blarney, San Luis Obispo, CA 93405

$2,650,000

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

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Ocean-View Apartment Building

351 San Luis Ave, Pismo Beach, CA 93449

$1,630,000

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

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14-Unit Townhome-Style Apartment Community

950 S 14th St, Grover Beach, CA 93433

$4,900,000

A blend of one- and two-bedroom residences includes private outdoor space and garage access in select units.

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Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 10 Active listings in San Luis Obispo County, CA, we suggest exploring several alternatives: similar 62 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

Estimated value: by Request

273 sqft 0.22 AC lot

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APARTMENT HOUSE (5+ UNITS)

1771 Johnson Ave, San Luis Obispo, CA 93401

Estimated value: by Request

1,903 sqft 0.32 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$480,000

6,142 sqft 0.46 AC lot

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APARTMENT HOUSE (5+ UNITS)

261 Hazel Ln, Nipomo, CA 93444-9659

Estimated value:

$265,000

1.06 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$3,020,000

756 sqft 0.94 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$210,000

0.49 AC lot

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APARTMENT HOUSE (5+ UNITS)

2630 Spyglass Dr, Pismo Beach, CA 93449-1754

Estimated value:

$1,160,000

4,327 sqft 0.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value: 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

Estimated value:

$1,300,000

5,344 sqft 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

2607 Solano Rd, Pismo Beach, CA 93449-1734

Estimated value:

$1,300,000

5,344 sqft 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

4725 Miramon Ave, Atascadero, CA 93422-3571

Estimated value:

$360,000

4,171 sqft 0.45 AC lot

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APARTMENT HOUSE (5+ UNITS)

1622 Palm St, San Luis Obispo, CA 93401

Estimated value:

$2,600,000

0.34 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$1,695,000

0.66 AC lot

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APARTMENT HOUSE (5+ UNITS)

211 Spruce St, Arroyo Grande, CA 93420-3071

Estimated value:

$355,000

6,996 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 10 active listings on our real estate platform. These investment opportunities span a total of 92,577 square feet of properties for sale, with an estimated market value of $36,070,000.

Sale prices for apartment complexes in San Luis Obispo County, CA start at $1,095,000, averaging $3,607,000, 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.

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

David Norwood-Central Coast Real Estate

649 Matthew Way Arroyo Grande, CA 93420

Phone: 18052705860

dnorwood.com/