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    Historic Allen House Multifamily Property
    Updated: Sep 15, 2025
    Historic Allen House Multifamily Property

    1700 Osos Street, San Luis Obispo, CA 93401

    $3,895,000
    4,688 sqft
    Historic 1900s Allen House in San Luis Obispo's Historic Downtown District
    Significant top‑down renovation completed in 2023 with permits and reputable local contractors
    R3 zoning with a 4,688 SF structure containing two units and a total of 17 bedrooms
    Includes a smaller 3‑bedroom ADU with private entrance and kitchen
    Features a commercial kitchen and covered patio in the primary 14‑bedroom home
    View details
    Historic Victorian Residence in San Luis Obispo
    Updated: Feb 9
    Historic Victorian Residence in San Luis Obispo

    687 Islay, San Luis Obispo, CA 93401

    $2,900,000
    0.50 AC lot
    Historic Victorian residence on a large (nearly half‑acre) downtown lot.
    Income‑producing property with nine residential units (3 one‑bedroom, 6 studio lofts).
    Development potential for expansion and increased density (subject to approvals).
    Nine outbuildings provide garages, storage, bicycle garage, social room, and laundry.
    Restored historic character with original redwood, Douglas fir accents, 12‑foot ceilings, and expansive windows.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Santa Maria Multifamily Investment Opportunity
    Santa Maria Multifamily Investment Opportunity

    127 W Agnes Ave, Santa Maria, CA 93458

    $3,500,000
    7,950 sqft

    13-unit multifamily property in Santa Maria with assumable loan.

    View details
    Furnished Santa Maria Workforce Housing
    Furnished Santa Maria Workforce Housing

    1324 N Broadway, Santa Maria, CA 93454

    $9,500,000
    3.95 AC lot

    Four-acre property with 100 cottages, ideal for workforce housing.

    View details
    Multifamily Apartment Building
    Multifamily Apartment Building

    Paso Robles, CA 93446

    Contact for pricing

    For sale apartment building with residential income potential in Paso Robles, California.

    View details
    Apartment Building for Sale
    Apartment Building for Sale

    2231 Wisteria, Paso Robles, CA 93446

    $7,500,000

    Apartment building offered for sale in San Luis Obispo County.

    View details

    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.

    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    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.

    1771 Johnson Ave
    APARTMENT HOUSE (5+ UNITS)

    1771 Johnson Ave, San Luis Obispo, CA 93401

    Value Estimation by Request
    1,903 sqft 0.32 AC lot
    View details
    279 Br St
    APARTMENT HOUSE (5+ UNITS)

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

    $2,185,000
    Estimated value
    6,142 sqft 0.46 AC lot
    View details
    60 Casa St
    APARTMENT HOUSE (5+ UNITS)

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

    Value Estimation by Request
    10,484 sqft 1.35 AC lot
    View details
    1622 Palm St
    APARTMENT HOUSE (5+ UNITS)

    1622 Palm St, San Luis Obispo, CA 93401

    $2,600,000
    Estimated value
    0.34 AC lot
    View details
    1236 Monte Vis Pl
    APARTMENT HOUSE (5+ UNITS)

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

    Value Estimation by Request
    0.66 AC lot
    View details
    1160 Islay St
    APARTMENT HOUSE (5+ UNITS)

    1160 Islay St, San Luis Obispo, CA 93401-3754

    $600,000
    Estimated value
    2,311 sqft 0.17 AC lot
    View details
    1341 Osos St
    APARTMENT HOUSE (5+ UNITS)

    1341 Osos St, San Luis Obispo, CA 93401-4055

    $675,000
    Estimated value
    11,820 sqft 0.21 AC lot
    View details
    1109 Laurel Ln
    APARTMENT HOUSE (5+ UNITS)

    1109 Laurel Ln, San Luis Obispo, CA 93401-8604

    $865,000
    Estimated value
    5,400 sqft 0.25 AC lot
    View details
    455 Brizzolara St
    APARTMENT HOUSE (5+ UNITS)

    455 Brizzolara St, San Luis Obispo, CA 93401

    Value Estimation by Request
    1.39 AC lot
    View details
    2029 Beebee St
    APARTMENT HOUSE (5+ UNITS)

    2029 Beebee St, San Luis Obispo, CA 93401-5027

    $1,400,000
    Estimated value
    3,080 sqft 0.17 AC lot
    View details
    544 Pacific St
    APARTMENT HOUSE (5+ UNITS)

    544 Pacific St, San Luis Obispo, CA 93401-3960

    $5,350,000
    Estimated value
    0.45 AC lot
    View details
    519 Brizzolara St
    APARTMENT HOUSE (5+ UNITS)

    519 Brizzolara St, San Luis Obispo, CA 93401-3415

    $615,000
    Estimated value
    0.62 AC lot
    View details
    137 Crandall Way
    APARTMENT HOUSE (5+ UNITS)

    137 Crandall Way, San Luis Obispo, CA 93405-1409

    $7,500,000
    Estimated value
    1.30 AC lot
    View details
    144 Carpenter St
    APARTMENT HOUSE (5+ UNITS)

    144 Carpenter St, San Luis Obispo, CA 93405-1401

    Value Estimation by Request
    2.09 AC lot
    View details
    Higuera St
    APARTMENT HOUSE (5+ UNITS)

    Higuera St, San Luis Obispo, CA 93401

    Value Estimation by Request
    0.30 AC lot
    View details
    3730 Higuera St
    APARTMENT HOUSE (5+ UNITS)

    3730 Higuera St, San Luis Obispo, CA 93401-7598

    Value Estimation by Request
    0.45 AC lot
    View details
    3355 Broad St
    APARTMENT HOUSE (5+ UNITS)

    3355 Broad St, San Luis Obispo, CA 93401-6721

    $7,700,000
    Estimated value
    704 sqft 1.60 AC lot
    View details
    480 Chorro St
    APARTMENT HOUSE (5+ UNITS)

    480 Chorro St, San Luis Obispo, CA 93405-1327

    Value Estimation by Request
    0.73 AC lot
    View details
    480 Chorro St
    APARTMENT HOUSE (5+ UNITS)

    480 Chorro St, San Luis Obispo, CA 93405-1327

    Value Estimation by Request
    0.61 AC lot
    View details
    785 Morro St
    APARTMENT HOUSE (5+ UNITS)

    785 Morro St, San Luis Obispo, CA 93401-2787

    Value Estimation by Request
    0.27 AC lot
    View details
    633 Couper Dr
    APARTMENT HOUSE (5+ UNITS)

    633 Couper Dr, San Luis Obispo, CA 93405-1154

    $2,025,000
    Estimated value
    0.31 AC lot
    View details
    887 Islay St
    APARTMENT HOUSE (5+ UNITS)

    887 Islay St, San Luis Obispo, CA 93401-4008

    $1,200,000
    Estimated value
    6,116 sqft 0.22 AC lot
    View details

    San Luis Obispo, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in San Luis Obispo, CA on our real estate platform. These investment opportunities span a total of 4,688 square feet of properties for sale, with an estimated market value of $3,895,000.

    Sale prices for two-family homes in San Luis Obispo, CA start at $3,895,000, averaging $3,895,000, and reaching up to $3,895,000 — 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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    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93401 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Luis Obispo fall within the 10,000 to 25,000 square foot range.

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