San Luis Obispo County, CA Multifamily properties for sale

Updated: Aug 24

Duplex With Transferable STR Permits

2230 Spring Street, Paso Robles, CA 93446

$1,099,000

1,757 sqft 0.16 AC lot

1,757‑square‑foot duplex on a 0.1607‑acre lot
Two furnished short‑term rental units: 2‑bedroom/1‑bath and 1‑bedroom/1‑bath
Transferable short‑term rental permits identified under TC‑2 zoning
Less than a mile from the Downtown Square
A few blocks from Paso Robles Event Center/Fairgrounds and Paso MarketWalk

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Updated: Aug 6

Coastal Duplex with Ocean Views

2630 Maple Avenue, Morro Bay, CA 93442

$1,299,999

2,024 sqft 0.09 AC lot

Duplex with 2,024 square feet of living area
0.0918‑acre parcel in Morro Bay
Upper residence: 2 bedrooms, 2 bathrooms, kitchenette, sunroom, fireplace, and private deck
Lower residence: 1 bedroom, 1 bathroom, full kitchen, vaulted living room, and indoor laundry
Pacific Ocean and Morro Rock views from multiple decks and outdoor areas

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Two-Unit Duplex Property

245 17th, Paso Robles, CA 93446

$849,000

1,500 sqft 0.20 AC lot

R1-zoned duplex with separate one- and two-bedroom residences, central air, and off-street parking.

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Coastal-View Duplex

2630 Maple Ave, Morro Bay, CA 93442

$1,299,999

2,024 sqft

Two separate residences include remodeled baths, a kitchenette, full kitchen, decks, and outdoor entertaining areas.

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Four-Unit Apartment Property

956 S 13th, Grover Beach, CA 93433

$1,200,000

0.17 AC lot

Fully occupied four-unit property with two-bedroom layouts, covered parking, and a fenced rear yard.

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Side-by-Side Duplex with Garages

1133 Trouville, Grover Beach, CA 93433

$915,000

1,500 sqft 0.17 AC lot

Two independent residences offer private entries, porches, and attached garages.

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Furnished Duplex with Development Area

261 N 13th, Grover Beach, CA 93433

$995,000

1,476 sqft 0.13 AC lot

Two separately addressed units include private outdoor areas and central heating and cooling.

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Adjacent Apartment Portfolio with 24 Units

3505 Spring Street, Paso Robles, CA 93446

$1,699,000

16,748 sqft 0.79 AC lot

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

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Ranch-Style Triplex Property

701 Los Osos Valley, Los Osos, CA 93402

$1,429,000

0.20 AC lot

Triplex in RMF zoning with a 3-bedroom main home and two 2-bedroom duplex units, each with outdoor patio space.

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Side-by-Side Duplex with Private Garages

1133 Trouville Avenue, Grover Beach, CA 93433

$915,000

0.17 AC lot

Two self-contained residences offer private entrances, porches, and attached garages.

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Updated Triplex with Private Yards

1974 Nevada Court, Los Osos, CA 93402

$1,950,000

3,662 sqft

Three residences offer private outdoor space, washer/dryer hookups, garage parking, and recent interior and exterior improvements.

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Turnkey Duplex With R2 Zoning

261 N 13th, Grover Beach, CA 93433

$995,000

0.13 AC lot

Turnkey duplex on an R2-zoned site with two addresses and an undeveloped portion of the lot.

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Triplex with Commercial Unit

1160 West, Morro Bay, CA 93442

$1,725,000

0.10 AC lot

Three-unit property combines residential apartments with a commercial space, off-street parking, and a detached garage.

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Remodeled Duplex with Two Units

346 12th, San Miguel, CA 93451

$599,000

1,400 sqft

Two remodeled duplex units total just under 1,400 sq ft, with the main unit scheduled to be vacant February 15.

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Mixed-Use Development Site

1390 Walker St, San Luis Obispo, CA 93401

$4,600,000

1,420 sqft 1.10 AC lot

City-approved for a 49-unit residential project and includes an existing 1,420 sq ft commercial building with added approval.

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Updated Three-Bedroom Mobile Home

240-3860 Higuera St, San Luis Obispo, CA 93401

$275,000

1,344 sqft

Updated 3-bedroom, 2-bath home in Silver City Mobile Lodge Park with an open layout and covered outdoor living space.

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Single-Level Duplex Property

Pismo Beach, CA 93449

$749,000

1,147 sqft 0.11 AC lot

Residential income property featuring a two-bedroom residence, attached garage, fireplace, and rear patio in Pismo Beach.

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Move-In Ready Mobile Home

54-3960 S Higuera St, San Luis Obispo, CA 93401

$215,000

800 sqft

Move-in ready 1973 mobile home with 2 bedrooms, 1 bath, dual-pane windows, and fenced yard in an all-age park.

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Upgraded Duplex Investment Opportunity

770 & 772 Beverly, Nipomo, CA 93444

$679,000

1,918 sqft

Nipomo duplex with income potential and recent upgrades.

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Manufactured Home in Mobile Park

50b-1121 Orcutt Rd, San Luis Obispo, CA 93401

$399,000

1,020 sqft

Move-in ready manufactured home with 2 bedrooms, 2 bathrooms, and a covered carport in an all-age, pet-friendly community.

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Brand-New 2BR Residential Home

A76-145 South St, San Luis Obispo, CA 93401

$129,950

520 sqft

Brand-new 2-bedroom, 1-bath home with monthly space rent of $895 per month.

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Manufactured Home in RV Park

5-449 W Tefft St, Nipomo, CA 93444

$215,000

960 sqft

2013 Golden West manufactured home offers 2 bedrooms, 2 bathrooms, and an open living layout within a Nipomo park community.

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Six-Unit Apartment Building

740 Ramona Avenue, Unit 740760, Grover Beach, CA 93433

$2,290,000

4,500 sqft 0.24 AC lot

Two triplex buildings offer private garages, shared laundry rooms, and separately metered gas and electricity.

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Three-Unit Triplex with Detached Units

1929 Chorro, San Luis Obispo, CA 93401

$1,495,000

0.17 AC lot

Three independent residences provide flexible occupancy options with off-street parking, separate outdoor areas, and additional storage.

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San Luis Obispo County, CA Multifamily Properties Market Trends and Statistics

Explore 87 multifamily properties for sale in San Luis Obispo County, CA, showcased through 87 active listings on our real estate platform. These investment opportunities span a total of 216,633 square feet of properties for sale, with an estimated market value of $95,818,143.

Sale prices for multifamily properties in San Luis Obispo County, CA start at $65,000, averaging $1,388,668, 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

Mike Ryan Real Estate

3395 La Panza Rd. Creston, CA 93432

Phone: 18056741043

ryanranchproperties.com