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    San Luis Obispo, CA Residential Income Properties for Sale

    16 results
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    Historic Ranch Estate Near San Luis Obispo
    $3,450,000
    2,400 SF

    Historic Ranch Estate Near San Luis Obispo

    1498 O'sconnor Way, San Luis Obispo, CA 93405

    189-acre ranch with residences, barns, and equestrian facilities.

    • Expansive 189+ acre property with breathtaking views, including a portion of Cerro Romualdo.
    • Historic significance as part of the original O'Connor Ranch, featured in "History of San Luis Obispo County."
    • Multiple residences including a main residence, second farmhouse, bunkhouse, and rustic wood cabin.
    • Equestrian facilities: potential 12‑stall barn and one‑acre arena.
    • Income‑producing potential through cattle grazing and multiple dwellings.
    Updated: Nov 3, 2025
    View details
    San Luis Obispo Mixed-Use Property
    $1,500,000
    1,208 SF

    San Luis Obispo Mixed-Use Property

    1142 Montalban St, San Luis Obispo, CA 93405

    Prime location, development opportunity. High rental income.

    • 8,195 SF lot (0.19 acres).
    • Mixed‑use zoning (Residential over Commercial).
    • Existing 1,208 SF, 2 bed/1 bath home, built in 1910, with detached garage; currently leased at $4,390/month until 1/31/2025.
    • Property requires extensive renovation or demolition.
    • Pre‑approved plans for a 5‑unit development (2 commercial units totaling 1,131 SF, 2 residential units at 1,880 SF each, and an 855 SF ADU), totaling 5,746 SF.
    Updated: Dec 11, 2024
    View details
    New Park Model Home
    $109,950

    New Park Model Home

    New 1-bedroom, 1-bathroom park model home in Mathews Trailer Lodge.

    274 Higuera St, San Luis Obispo, CA 93401
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    San Luis Obispo Mobile Home
    $150,000

    San Luis Obispo Mobile Home

    Mobile home in all-age park near downtown San Luis Obispo.

    2994 S Higuera St S 10, San Luis Obispo, CA 93401
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    Warehouse with Office and Residence
    $1,095,000
    3,200 SF

    Warehouse with Office and Residence

    Warehouse with office, yard space, and manufactured home.

    202 Tank Farm Rd, San Luis Obispo, CA 93401
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    Mixed-Use Property Near Downtown
    $1,950,000
    2,641 SF

    Mixed-Use Property Near Downtown

    Craftsman-style mixed-use property near downtown San Luis Obispo.

    1305 Marsh St, San Luis Obispo, CA 93401
    View details
    Laguna Estates Mobile Home
    $425,000

    Laguna Estates Mobile Home

    3-bedroom, 2-bath home in desirable Laguna Mobile Home Estates.

    1845 Thelma Dr, San Luis Obispo, CA 93405
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    Laguna Lake Mobile Home
    $399,000

    Laguna Lake Mobile Home

    Well-maintained mobile home in Laguna Lake Mobile Estates.

    1801 Marsha Dr, San Luis Obispo, CA 93405
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    San Luis Obispo Mobile Home
    $239,850

    San Luis Obispo Mobile Home

    3 bed, 2 bath mobile home in all-age park.

    3860 S Higuera D1, San Luis Obispo, CA 93401
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    Mixed-Use Development Opportunity in SLO
    $1,100,000

    Mixed-Use Development Opportunity in SLO

    Pre-planned mixed-use development with income potential near Cal Poly.

    1142 Montalban St, San Luis Obispo, CA 93405
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    Old Town SLO Duplex
    $895,000

    Old Town SLO Duplex

    Duplex with detached studio in the railroad area.

    785 A & B Pepper, San Luis Obispo, CA 93401
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    Old Town SLO Triplex
    $1,525,000

    Old Town SLO Triplex

    Charming triplex in old-town San Luis Obispo with detached homes.

    791 Pepper St, San Luis Obispo, CA 93401
    View details
    Sandpointe Mobile Home with Upgrades
    $435,000

    Sandpointe Mobile Home with Upgrades

    Well-maintained 2 bed, 1 bath mobile home with spacious lot.

    3057 S Higuera St, San Luis Obispo, CA 93401
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    Bright Home in Creekside Community
    $360,000

    Bright Home in Creekside Community

    Cheerful home with resort-like amenities near San Luis Creek.

    3960 S Higuera St, San Luis Obispo, CA 93401
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    San Luis Obispo Manufactured Home
    $269,900

    San Luis Obispo Manufactured Home

    Affordable manufactured home in an all-age park with low space rent.

    3500 Bullock Ln, San Luis Obispo, CA 93401
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    Baron Doublewide Manufactured Home
    $290,000

    Baron Doublewide Manufactured Home

    Well-maintained two-bedroom home with den and ample storage.

    3860 S Higuera St, San Luis Obispo, CA 93401
    View details
    Based on your search, we've compiled 538 Potential Opportunities for your consideration. Besides 16 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 516 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Furnished Home Near Beach and Pier
    $535,000

    Furnished Home Near Beach and Pier

    Furnished 3-bed, 2-bath home near the beach and pier.

    140 99 S Dolliver 99, Pismo Beach, CA 93449
    View details
    Pismo Beach Multifamily Investment Opportunity
    $2,750,000

    Pismo Beach Multifamily Investment Opportunity

    8-unit multifamily property near Pismo Beach and Pismo Pier.

    172 Ocean View Ave, Pismo Beach, CA 93449
    View details
    Sunny Oaks Mobile Home
    $258,000

    Sunny Oaks Mobile Home

    Two-bedroom mobile home in a 55+ Los Osos community.

    1701 Los Osos Valley Rd, Los Osos, CA 93402
    View details
    Triple-Wide Mobile Home in Sea Oaks
    $299,000

    Triple-Wide Mobile Home in Sea Oaks

    Triple-wide mobile home in 55+ Sea Oaks community.

    1675 Los Osos Valley Rd, Los Osos, CA 93402
    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.

    20.6 Acres in Anza Estates
    $1,295,000
    897,336.00 Acres

    20.6 Acres in Anza Estates

    Remarkable 20.6-acre parcel in prestigious, gated Anza Vineyard Estates.

    518 Bella Terra Ct, San Luis Obispo, CA 93401
    View details
    Pristine Land Parcel in San Luis Obispo
    $500,000
    3,353,248.80 Acres

    Pristine Land Parcel in San Luis Obispo

    77-acre parcel with homesite potential near West Cuesta Ridge Trail.

    Stage Coach Rd, San Luis Obispo, CA 93405
    View details

    Explore 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.

    414 Grand Ave

    414 Grand Ave

    Multifamily properties • 3,358 SF
    Value Estimation by Request
    414 Grand Ave, San Luis Obispo, CA 93405
    View details
    2240 Emily St

    2240 Emily St

    APARTMENT HOUSE (5+ UNITS) • 17,794 SF
    Value Estimation by Request
    2240 Emily St, San Luis Obispo, CA 93401-5218
    View details
    2280 Emily St

    2280 Emily St

    APARTMENT HOUSE (5+ UNITS) • 26,976 SF
    Value Estimation by Request
    2280 Emily St, San Luis Obispo, CA 93401-5254
    View details
    3860 Higuera St

    3860 Higuera St

    MOBILE HOME PARK, TRAILER PARK • 4.71 Acres
    Value Estimation
    $345,000
    3860 Higuera St, San Luis Obispo, CA 93401-7463
    View details
    4733 Jespersen Rd

    4733 Jespersen Rd

    MOBILE HOME PARK, TRAILER PARK • 917 SF
    Value Estimation by Request
    4733 Jespersen Rd, San Luis Obispo, CA 93401-8182
    View details
    3500 Bullock Ln

    3500 Bullock Ln

    MOBILE HOME PARK, TRAILER PARK • 2,409 SF
    Value Estimation by Request
    3500 Bullock Ln, San Luis Obispo, CA 93401-7135
    View details
    3211 Prefumo Cyn Rd

    3211 Prefumo Cyn Rd

    MOBILE HOME PARK, TRAILER PARK • 1,990 SF
    Value Estimation by Request
    3211 Prefumo Cyn Rd, San Luis Obispo, CA 93405-8027
    View details
    3860 Higuera St

    3860 Higuera St

    MOBILE HOME PARK, TRAILER PARK • 5.12 Acres
    Value Estimation
    $340,000
    3860 Higuera St, San Luis Obispo, CA 93401-7463
    View details

    San Luis Obispo, CA Residential Income Properties Investment Opportunities Market Analysis

    Explore 530 residential income properties for sale in San Luis Obispo, CA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 42,141,045 square feet of properties for sale, with an estimated market value of $159,380,000.

    Prices for residential income properties in San Luis Obispo, CA start at $70,000, averaging $843,280, and reaching up to $7,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Residential income properties for Sale Near San Luis Obispo, CA

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    Most Searched ZIP Codes in San Luis Obispo, CA

    • 93401
    • 93405

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