104-Unit Apartment
For Sale
Contact for pricing
607 Grand Ave, San Luis Obispo, CA 93401
Three properties are adjacent to California Polytechnic State University in San Luis Obispo.
Property SizeContact for details
Days on Market130
Property Features for 607 Grand Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
104
Building Details
Buildings
3
Listing Agency:
Radius Commercial Real Estate & Investments
(805) 879-9606
Listed By:
Jack Gilbert · License #02197493
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 11:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Radius Commercial Real Estate & Investments
Investment Insights
Based on property information with market context.
This apartment portfolio comprises 104 units distributed among three properties in San Luis Obispo. Individual assets range from 20 to 49 units, with two-bedroom apartments representing 60% of the combined unit count. At Westmont Apartments, floorplans include approximately 625 SF one-bedroom units, 800 SF two-bedroom units, and 1,280 SF three-bedroom units.
The properties are adjacent to California Polytechnic State University. Across the assets, zero vacancy was recorded from 2021 through 2024. The offering includes access to a full offering memorandum and due diligence materials following execution of a signed NDA. The portfolio address is 607 Grand Ave, San Luis Obispo, CA 93401.
The properties are adjacent to California Polytechnic State University. Across the assets, zero vacancy was recorded from 2021 through 2024. The offering includes access to a full offering memorandum and due diligence materials following execution of a signed NDA. The portfolio address is 607 Grand Ave, San Luis Obispo, CA 93401.
Key Highlights
- 104 units across three apartment properties
- Three properties adjacent to California Polytechnic State University
- Asset sizes range from 20 to 49 units
Property Analytics
Property Profile
Current Use
Lease Details
104
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,217
Businesses Nearby
Explore this area
Business Placement
Demographics for 93401, CA
29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three properties are adjacent to California Polytechnic State University in San Luis Obispo.
Where is this apartment building located?
The property is located at 607 Grand Ave San Luis Obispo, CA.
What are key features of this property?
This property features: 104 units across three apartment properties; Three properties adjacent to California Polytechnic State University; Asset sizes range from 20 to 49 units
