Advertise
    San Luis Obispo, CA
    Residential Income

    San Luis Obispo, CA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Los Osos, CA Santa Margarita, CA Avila Beach, CA Pismo Beach, CA Arroyo Grande, CA Atascadero, CA Grover Beach, CA Morro Bay, CA
    17 properties
    Sort:
    Two-Story Quadplex
    Updated: Jul 5
    Two-Story Quadplex

    San Luis Obispo, CA 93405

    $1,679,000
    5,023 sqft 0.23 AC lot
    Four‑unit property legally described as two duplexes
    Approximately 5,023 sq ft of living space on a 9,823 sq ft lot
    Unit mix includes one 3‑bedroom, 2‑bath unit and three 2‑bedroom, 2‑bath units
    Private 1‑car garage plus eight unassigned parking spaces
    All units feature two‑story floor plans with bedrooms upstairs
    View details
    Renovated 4-Unit Multifamily Property
    Updated: Aug 11
    Renovated 4-Unit Multifamily Property

    1130 Leff St, San Luis Obispo, CA 93401

    $2,400,000
    3,061 sqft
    Four residences across two buildings with a combined 10 bedrooms
    Unit mix includes two 3‑bedroom and two 2‑bedroom residences
    Recent electrical, plumbing, appliance, flooring, and paint updates
    Private laundry room with 2 washers and 2 dryers
    Unit D built in 2023 with modern finishes and mini‑split heating and AC
    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    523 Branch St, San Luis Obispo, CA 93401

    $1,395,000
    2,816 sqft 0.21 AC lot

    Three separate residences on a street-to-street lot, offering flexible living and rental layout with off-street parking.

    View details
    See what stands out in San Luis Obispo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Development Site
    Mixed-Use Development Site

    1390 Walker, San Luis Obispo, CA 93401

    $4,600,000
    1,400 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.

    View details
    Updated Three-Bedroom Mobile Home
    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.

    View details
    Residential Income Property with Carport
    Residential Income Property with Carport

    1121 Orcutt Rd 24, San Luis Obispo, CA 93401

    $199,000
    1,020 sqft

    Manufactured home with updated interior finishes, a covered carport, and placement in an all-age, pet-friendly community.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    12-Unit Apartment Building
    12-Unit Apartment Building

    505 Brizzolara St, San Luis Obispo, CA 93401

    $4,375,000
    7,894 sqft

    Private parking, on-site laundry, and a shared patio serve a centrally located multifamily property.

    View details
    Manufactured Home in Mobile Park
    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.

    View details
    Brand-New 2BR Residential Home
    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.

    View details
    Brand New 2BR/2BA Manufactured Home
    Brand New 2BR/2BA Manufactured Home

    B27-1255 Orcutt Rd, San Luis Obispo, CA 93401

    $154,950
    560 sqft

    New 2026 Champion single-wide offers 2 bedrooms, 2 bathrooms, stainless steel appliances, and indoor laundry hookups.

    View details
    Duplex With Two Garages
    Duplex With Two Garages

    San Luis Obispo, CA 93401

    $1,000,000
    0.25 AC lot

    1941-built duplex on a sloped lot with two garage spaces and renovation needs.

    View details
    Historic Victorian Residence in San Luis Obispo
    Historic Victorian Residence in San Luis Obispo

    687 Islay Street, San Luis Obispo, CA 93401

    $2,600,000
    20,735 sqft 0.50 AC lot

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

    View details
    2019 Manufactured Home Corner Lot
    2019 Manufactured Home Corner Lot

    A44-145 South St, San Luis Obispo, CA 93401

    $169,000
    572 sqft

    2019 two-bedroom, one-bath manufactured home with open kitchen, laminate flooring, and yards plus two parking spaces.

    View details
    Brand New Park Model Home
    Brand New Park Model Home

    A79-145 South Street, San Luis Obispo, CA 93401

    $99,950
    363 sqft

    Brand new 2-bedroom, 1-bath park model home under H&S 18009.3, with $895/month space rent.

    View details
    Multi-Unit Apartment Building with Yards
    Multi-Unit Apartment Building with Yards

    35 Blarney, San Luis Obispo, CA 93405

    $2,650,000

    For sale multi-unit apartment with seven long-term rentals, many featuring private fenced yards.

    View details
    8-Unit Multifamily with Private Patios
    8-Unit Multifamily with Private Patios

    3380 Bullock Ln, San Luis Obispo, CA 93401

    $3,075,000

    Eight-unit multifamily offering private patios, updated kitchens with stainless-steel appliances, and on-site coin-operated laundry.

    View details
    Historic Two-Unit Craftsman Property
    Historic Two-Unit Craftsman Property

    1160 Buchon ST, San Luis Obispo, CA 93401

    $1,350,000

    Two separate residences combine period details, flexible occupancy, and a detached barn within San Luis Obispo’s Historic District.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in San Luis Obispo, CA, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

    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.

    1771 Johnson Ave
    APARTMENT HOUSE (5+ UNITS)

    1771 Johnson Ave, San Luis Obispo, CA 93401

    Estimated value:
    by Request
    1,903 sqft 0.32 AC lot
    View details
    279 Br St
    APARTMENT HOUSE (5+ UNITS)

    279 Br St, San Luis Obispo, CA 93401-5026

    Estimated value:
    $480,000
    6,142 sqft 0.46 AC lot
    View details
    60 Casa St
    APARTMENT HOUSE (5+ UNITS)

    60 Casa St, San Luis Obispo, CA 93405-1867

    Estimated value:
    by Request
    10,484 sqft 1.35 AC lot
    View details
    1622 Palm St
    APARTMENT HOUSE (5+ UNITS)

    1622 Palm St, San Luis Obispo, CA 93401

    Estimated value:
    $2,600,000
    0.34 AC lot
    View details
    1236 Monte Vis Pl
    APARTMENT HOUSE (5+ UNITS)

    1236 Monte Vis Pl, San Luis Obispo, CA 93405-1431

    Estimated value:
    $1,695,000
    0.66 AC lot
    View details
    1160 Islay St
    APARTMENT HOUSE (5+ UNITS)

    1160 Islay St, San Luis Obispo, CA 93401-3754

    Estimated value:
    $425,000
    2,311 sqft 0.17 AC lot
    View details
    1341 Osos St
    APARTMENT HOUSE (5+ UNITS)

    1341 Osos St, San Luis Obispo, CA 93401-4055

    Estimated value:
    $675,000
    11,820 sqft 0.21 AC lot
    View details

    San Luis Obispo, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in San Luis Obispo, CA, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 46,328 square feet of properties for sale, with an estimated market value of $26,550,850.

    Sale prices for residential income properties in San Luis Obispo, CA start at $99,950, averaging $1,561,814, and reaching up to $4,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 20
    Mobile home & RV parks 8
    Apartment buildings 5
    Duplexes 3
    Quadplexes 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93401 $1.5M
    93405 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Luis Obispo fall within the 10,000 to 25,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in San Luis Obispo, CA

    Popular Categories

    Most Searched ZIP Codes in San Luis Obispo, CA

    • 93401
    • 93405

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!