14-Unit Apartment
For Sale
$3,700,000
356 N Chorro, San Luis Obispo, CA 93405
Commercial Sale, San Luis Obispo, CA
Property SizeContact for details
Days on Market38
Property Features for 356 N Chorro
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R4
Directions
North Chorro between Foothill and Highland Drive
Subdivision
SLO - San Luis Obispo
Standard status
Active
APN
052332013
Additional Details
Tenant in Place
Yes
Amenities
on-site laundry
storage
Building Details
Year built
1983
Buildings
3
Listing Agency:
RE/MAX Success · RE/MAX International
Listed By:
Lynn Neal · License #01304466
(805) 781-8101
Added: Sep 30
Changed: Nov 2
Last Checked: Nov 6 at 1:06PM
MLS# SC26212823
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1983, this R4-zoned apartment property comprises 14 residences across three buildings: 12 studios and two one-bedroom units. The site includes on-site laundry, 16 parking spaces and five storage spaces. Improvements made in recent years include replacement windows and roofing, exterior paint, fencing, landscaping, site work, commercial laundry equipment and updates to multiple units. The property is fully occupied under month-to-month leases.
Residents can walk or bike to Cal Poly, the Foothill shopping and dining district, and downtown San Luis Obispo. The property’s configuration and established on-site amenities are complemented by its proximity to these destinations.
Residents can walk or bike to Cal Poly, the Foothill shopping and dining district, and downtown San Luis Obispo. The property’s configuration and established on-site amenities are complemented by its proximity to these destinations.
Key Highlights
- 14 residences in three buildings: 12 studios and two one‑bedroom units
- 16 parking spaces and five storage spaces
- R4 zoning
Property Analytics
Who owns this building?
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Lease Details
14
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
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Business Placement
Demographics for 93405, CA
23,331
Population
9,687
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
95%
High-School Grad
89.7 sq mi
ZIP Area
260
Density / Sq Mi
$52,481
Median Household Income
$12,402
Median Earnings
$1,936
Median Rent
$897,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Three buildings combine studio and one-bedroom residences with on-site laundry and parking.
Where is this apartment building located?
The property is located at 356 N Chorro San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 14 residences in three buildings: 12 studios and two one‑bedroom units; 16 parking spaces and five storage spaces; R4 zoning
