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    San Luis Obispo County, CA Multifamily Properties for Sale

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    Los Angeles, CA Lancaster, CA California City, CA
    36 results
    Grover Beach Duplex Investment Opportunity
    $995,000
    1,476 SF

    Grover Beach Duplex Investment Opportunity

    261 N 13th, Grover Beach, CA 93433

    Duplex in Grover Beach with future development potential.

    • Prime investment opportunity in the heart of Grover Beach with future development potential.
    • Located in desirable Medium Density Residential (R2) zone allowing for potential multi‑unit development, including standard or fractional density units and possible ADU opportunities (subject to City approval).
    • Existing duplex is fully furnished and turnkey, providing immediate rental income.
    • Includes an undeveloped portion of the lot, offering flexibility for future development.
    • Minutes from the beach, shopping, restaurants, and with easy highway access.
    Updated: Mar 5
    View details
    Remodeled Paso Robles Apartment Building
    $2,359,000
    5,000 SF

    Remodeled Paso Robles Apartment Building

    3505 Spring, Paso Robles, CA 93446

    Recently remodeled 10-unit apartment building in Paso Robles, CA.

    • Located in a desirable Paso Robles Opportunity Zone, offering potential tax benefits for investors.
    • Recently remodeled 10‑unit apartment building providing stable cash flow.
    • Diversified unit mix (studios, one‑bedroom, and two‑bedroom units) appealing to a broad tenant base.
    • Ample on‑site parking with 20+ spaces.
    • Fenced patio area for first‑level units enhancing outdoor living.
    Updated: Mar 24
    View details
    Los Osos Multifamily Opportunity
    $1,469,500
    2,985 SF

    Los Osos Multifamily Opportunity

    Multifamily property in Los Osos with rental income potential.

    701 Los Osos Valley, Los Osos, CA 93402
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    Oceano Multifamily Investment Opportunity
    $1,800,000
    5,500 SF

    Oceano Multifamily Investment Opportunity

    10-unit multifamily property near the beach in Oceano, California.

    1960 Beach Street, Oceano, CA 93445
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    Paso Robles Triplex Investment Opportunity
    $1,245,000
    2,632 SF

    Paso Robles Triplex Investment Opportunity

    Desirable triplex near downtown Paso Robles with income and upside.

    2221 Oak Street, Paso Robles, CA 93446
    View details
    Historic Victorian Multifamily Residence
    $3,600,000
    5,888 SF

    Historic Victorian Multifamily Residence

    Iconic Victorian residence in downtown San Luis Obispo with income potential.

    687 Islay, San Luis Obispo, CA 93401
    View details
    Remodeled Apartment Building in Paso Robles
    $2,359,000
    5,000 SF

    Remodeled Apartment Building in Paso Robles

    Recently remodeled 10-unit apartment building in Paso Robles, CA.

    3505 Spring, Paso Robles, CA 93446
    View details
    Oceano Duplex: Multifamily Opportunity
    $689,900
    1,126 SF

    Oceano Duplex: Multifamily Opportunity

    Two homes on an R2 lot near the beach.

    2011 Paso Robles, Oceano, CA 93445
    View details
    Charming Duplex in Paso Robles
    $875,000
    2,100 SF

    Charming Duplex in Paso Robles

    Westside investment property near downtown Paso Robles with two units.

    309 15th Street & 311, Paso Robles, CA 93446
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    Grover Beach Four-Unit Apartment Building
    $1,295,000
    3,604 SF

    Grover Beach Four-Unit Apartment Building

    Four-unit apartment building in Grover Beach, being sold as-is.

    956 S 13th Street, Grover Beach, CA 93433
    View details
    Two Homes on One Lot
    $935,000
    2,678 SF

    Two Homes on One Lot

    Two homes on one lot in San Miguel, California.

    1524 K Street, San Miguel, CA 93451
    View details
    Cambria Apartment Building with Views
    $1,199,000
    4,037 SF

    Cambria Apartment Building with Views

    Boutique 5-unit apartment building with a premium rental unit.

    2580 Main Street, Cambria, CA 93428
    View details
    Renovated Triplex in Atascadero Heart
    $1,080,000
    2,142 SF

    Renovated Triplex in Atascadero Heart

    Historic triplex with modern upgrades and strong income potential.

    8740 El Camino Real, Atascadero, CA 93422
    View details
    Los Osos Multifamily Investment
    $1,495,000
    13,981.00 Acres

    Los Osos Multifamily Investment

    Five single-level units in Los Osos, consistently rented.

    1957 10th, Los Osos, CA 93402
    View details
    Cambria Mixed-Use Investment Opportunity
    $1,450,000
    4,152 SF

    Cambria Mixed-Use Investment Opportunity

    Rare commercial property with restaurant, office/retail unit, and duplex.

    19401980 Main Street, Cambria, CA 93428
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    Upgraded Duplex Investment Opportunity
    $710,000

    Upgraded Duplex Investment Opportunity

    Nipomo duplex with income potential and recent upgrades.

    770 Beverly, Nipomo, CA 93444
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    Paso Robles Triplex Investment Opportunity
    $1,295,000
    2,632 SF

    Paso Robles Triplex Investment Opportunity

    Desirable triplex near downtown Paso Robles with income and upside.

    2221 Oak Street, Paso Robles, CA 93446
    View details
    Paso Robles Duplex Near Downtown
    $899,000
    2,150 SF

    Paso Robles Duplex Near Downtown

    Duplex in Paso Robles, suitable for various residential purposes.

    309 15th Street, Paso Robles, CA 93446
    View details
    Historic Victorian Residence in San Luis Obispo
    $3,900,000

    Historic Victorian Residence in San Luis Obispo

    Iconic Victorian residence with income potential in downtown San Luis Obispo.

    687 Islay, San Luis Obispo, CA 93401
    View details
    Atascadero Apartment Complex For Sale
    $7,595,000
    62,548 SF

    Atascadero Apartment Complex For Sale

    64-unit apartment complex with garages and pool in Atascadero, CA.

    11145-11215 El Camino Real, Atascadero, CA 93422
    View details
    Historic Allen House Multifamily Property
    $3,895,000
    4,688 SF

    Historic Allen House Multifamily Property

    Renovated 17-bedroom property in San Luis Obispo's Historic Downtown.

    1700 Osos Street, San Luis Obispo, CA 93401
    View details
    Grover Beach Duplex Investment Opportunity
    $995,000

    Grover Beach Duplex Investment Opportunity

    Duplex in desirable location with redevelopment potential.

    261 N 13th, Grover Beach, CA 93433
    View details
    Oceano Multifamily Opportunity: Two Homes
    $689,900

    Oceano Multifamily Opportunity: Two Homes

    Two homes on one lot near the beach in Oceano.

    2011 Paso Robles, Oceano, CA 93445
    View details
    Remodeled Duplex in San Miguel
    $619,000
    1,400 SF

    Remodeled Duplex in San Miguel

    Updated duplex in a growing community with income potential.

    346 12th, San Miguel, CA 93451
    View details

    San Luis Obispo County, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 36 multifamily properties for sale in San Luis Obispo County, CA, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 7,491,272,613 square feet of properties for sale, with an estimated market value of $691,312,400.

    Sale prices for multifamily properties in San Luis Obispo County, CA start at $60,000, averaging $722,374, and reaching up to $18,320,000 — 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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