The median home value in San Luis Obispo, CA is $934,500.
This is
higher than
the county median home value of $725,500.
The national median home value is $308,980.
The average price of homes sold in San Luis Obispo, CA is $934,500.
Approximately 38% of San Luis Obispo homes are owned,
compared to 55% rented, while
6% are vacant.
San Luis Obispo real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact San Luis Obispo real estate agent to arrange a tour today!
Learn more about San Luis Obispo.
Iconic Downtown San Luis Obispo Building located at the gateway entrance to the Downtown. This instantly recognizable multi-tenant building is comprised of 9,278+/- sf of high exposure office / retail suites with rare on-site parking. Six total tenant suites include five office suites and one retail suite with patio. A very well-maintained building with a timeless style and good mix of suite sizes. Possibility to convert upper floors to residential. Arguably one of the most recognizable Downtown buildings with its popular patio and bustling coffee shop. If there is a Downtown Asset to own, this is the one. $4,200,000
Welcoming you to the heart of the picturesque Edna Valley, Jack Ranch stands as the epitome of luxury living on the CA Central Coast. Named after a pioneering family, this 281-acre estate offers an unparalleled blend of natural beauty, agricultural bounty, and prime location. Jack Ranch enjoys a coveted position within the prestigious SLO Country Club gates and renowned Edna Valley American Viticultural Area. The property is just minutes away from acclaimed wineries, tasting rooms, and the verdant fairways of the SLO Golf & Country Club. With downtown SLO just 5 miles away and Pismo Beach within an 8-mile radius, convenience meets luxury here. Spanning 281 acres, Jack Ranch boasts a diverse agricultural landscape, including 156 acres under cultivation and protected by a perimeter deer fence. The vineyard encompasses 74 acres planted with a selection of premium grape varietals, including Chardonnay, Pinot Noir, Albario, Grner Veltliner, and Tempranillo. With a robust production history yielding an average of 4 tons/acre over the past decade, the vineyard presents a lucrative opportunity for the discerning vintner. Additionally, 67 acres of lemon groves in their 3rd year of growth offer a thriving revenue stream, with produce sold to renowned distributors such as Bee Sweet Citrus. The property benefits from Williamson Act status, ensuring reduced property taxes and long-term sustainability. Jack Ranch presents entitlements for 2 custom homes, along with 1 ADU. Accessible through the SLO Golf & Country Club gates, each homesite promises unrivaled privacy. With hookups available for county sewer and amenities such as water and natural gas on-site, building your dream home has never been more seamless. Plus, with no HOA, you have the freedom to design and construct to your heart's content. Completing the estate is a 3,200 sq ft metal shop/barn equipped with 3 bays and office space, ideal for storing equipment or pursuing hobbyist endeavors. Water security is ensured with 4 wells, each outfitted with electric-powered pumps and a substantial 500,000-gallon metal holding tank, providing ample supply for agricultural and residential needs.Whether you aspire to cultivate award-winning wines, bask in the tranquility of rural living, or simply indulge in the finest amenities of CA's Central Coast, Jack Ranch offers an unparalleled canvas for realizing your vision. Seize this opportunity to own a piece of paradise in one of the most coveted locales on the West Coast.
This could be the best office condo in San Luis Obispo. Pictures do not do this suite justice. You will not find a better office buildout/layout in town. Second floor suite with high-end finishes and spectacular view of the City of San Luis Obispo. Perfect for a wealth management, real estate or law office. Possibility to demise a portion off separate. Separate access from main building entrance. Elevator served. Good on-site parking.In addition, Seller is willing to carry back a 1st trust deed. Opportunities like this are rare in the City of San Luis Obispo. Make your office space move now! Suite will be delivered vacant, perfect owner-user opportunity. $875,000
A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.
Discover the epitome of opportunity at 500 Spanish Springs Drive, a captivating coastal vineyard property located less than three miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams. Nestled within the esteemed SLO Coast AVA, Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Immerse yourself in the art of winemaking while relishing the temperate Central Coast climate that defines the region's viticultural excellence. Just minutes from the shores of Pismo Beach and a short drive to downtown San Luis Obispo, this location seamlessly blends serenity with accessibility. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport. The potential* of 500 Spanish Springs Drive is as limitless as your imagination. Expand the vineyards, craft a tasting room, or build the estate you've always envisioned. The canvas extends beyond viticulture explore opportunities for retail, hospitality, or a winery. Situated adjacent to ANZA Vineyard Estates, this property shares borders with multi-million-dollar homes set within this prestigious community, reflecting the area's growing appeal and investment potential. Seize the opportunity to claim this extraordinary property and write the next chapter of its story.*Note: All development opportunities are subject to required entitlements and approvals by the County of San Luis Obispo. Seller and brokers make no guarantee of what can be constructed on the property.*
Available in the Heart of Downtown San Luis Obispo on busy Higuera street, this is a high visibility location with high pedestrian traffic in a move-in ready retail space, large storage/office space and private bathroom. Located next to Sports Forum, Central Coast Wines and recently opened Higuera Street Art Tattoo, it is close to boutique hotels, a busy Hair Salon, museums, restaurants, clothing stores and all that the SLO Downtown core offers!
Welcome to Victoria Crossing in San Luis Obispo, where you can start accumulating wealth in your business and real estate. The community features 33 residential flats (FOR SALE) and three (3) modern commercial suites at ground level. An exceptional opportunity for an owner-user or investor, the commercial suites are new-construction featuring high ceilings, ample natural light, and prominent street presence. Located in a blossoming urban area just moments from downtown SLO, the property is perfect for entrepreneurs seeking to capitalize on the thriving local economy, an abundance of nearby amenities, and a built in customer base in the many flats and condos in close proximity. Suite C1 ($640,000) is 1,275 SF and features floor to celling windows and extensive outdoor patio space. Suite C2 ($465,000) is 1,021 SF and can be combined with suite C1 for close to 2,300 SF. Suite C3 ($485,000) is 1,073 SF. In addition to open street parking on both sides of Victoria and Caudill, the suites benefit from 11 onsite parking spaces dedicated to commercial use. Suites C1/C2 have access to a grease trap and venting systems, making this space ideal for a restaurant or caf. All suites are sold in cold shell condition. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses. Inquire today to schedule a showing, and for details including a site plan and technical specifications. This is a rare opportunity to invest in a commercial property with amazing growth potential.
Rare opportunity to acquire a newer Class A office building in a redeveloping area in Downtown San Luis Obispo. 8,340 SF building and tenant improvements were constructed in 2010. The building is condominiumized and can be demised up to eight office condo suites. It is currently comprised of four tenant suites, of which two are leased (4,677 SF) and two vacant (3,663 SF). Very modern and efficient office layouts include hard offices and bullpen areas, as well as balcony access. Opportunity for an owner/user to occupy and expand into more space, or an investor seeking a modern, quality commercial real estate asset, in an emerging and redeveloping area of Downtown San Luis Obispo. Great on-site parking and easy Downtown and freeway access. Perfect for a construction, engineering, insurance, real estate or tech office.$3,400,000.00
1551 Bishop Street Building "A" is a freestanding medical office building consisting of three suites. Two of the three suites are leased. The third suite (Suite 150) is currently for lease at $2.50/SF NNN or it can be owner-occupied. The Bishop Street Medical Complex has ample parking for medical uses. Please see the attached rent roll for lease information.
Hayes Commercial Group introduces an exclusive opportunity to acquire or lease six highly improved parcels (together or separately) spanning 1.04 to 6.9 acres, featuring flexible Service Commercial (CS) zoning in a dynamic region of San Luis Obispo, California. These parcels are strategically located within one of California's top 10 fastest-growing counties, and they benefit from Tank Farm Road an essential east/west transportation corridor connecting Higuera St and Broad St thoroughfares. Moreover, Tank Farm Road's proximity to four expansive developments promises to enhance traffic flow to the area, amplifying the Property's versatile potential. See ''More'' Engineered soils on each parcel, along with redundant fiber optic connectivity, ample power, and connection to City services, establish an optimal environment for diverse applications, encompassing retail, industrial, multifamily, medical office, and self-storage. With the Property positioned at the epicenter of growth and offering the flexibility of purchase, ground lease, or build-to-suit arrangements, it stands out as an alluring opportunity for investors, developers, and businesses aiming to harness the upward trajectory of San Luis Obispo's growth.
Hayes Commercial Group introduces an exclusive opportunity to acquire or lease six highly improved parcels (together or separately) spanning 1.04 to 6.9 acres, featuring flexible Service Commercial (CS) zoning in a dynamic region of San Luis Obispo, California. These parcels are strategically located within one of California's top 10 fastest-growing counties, and they benefit from Tank Farm Road an essential east/west transportation corridor connecting Higuera St and Broad St thoroughfares. Moreover, Tank Farm Road's proximity to four expansive developments promises to enhance traffic flow to the area, amplifying the Property's versatile potential. Engineered soils on each parcel, along with redundant fiber optic connectivity, ample power, and connection to City services, establish an optimal environment for diverse applications, encompassing retail, industrial, multifamily, medical office, and self-storage. With the Property positioned at the epicenter of growth and offering the flexibility of purchase, ground lease, or build-to-suit arrangements, it stands out as an alluring opportunity for investors, developers, and businesses aiming to harness the upward trajectory of San Luis Obispo's growth. Traffic Counts: 18,876 Frontage: 500.35' Uses: Retail, Industrial, Multifamily, Medical Office, and Self-Storage
This exceptional commercial property located on Sacramento Drive, recently underwent a renovation, and is now a part of the well known Broad Street Village mixed-use complex. The unit boasts a versatile CS zoning and a spacious open-floor layout, making it suitable for a wide range of business operations. Measuring approximately 638 square feet, this commercial space features two separate entrances and a fully equipped kitchenette. In addition, the unit has access to two well-appointed common area bathrooms, making it an ideal location for your business. Experience the perfect balance of style and functionality at this prime commercial location
The Davidsons Furniture building is offered for the first time on the market since 1930. Includes: +/- 9,465 sq. ft. of existing, single-story building, divided into three store fronts: Building A: +/- 4,340 sq. ft., plus mezzanine. Building B: +/- 2,200 sq. ft., plus mezzanine. Building C: +/- 2,925 sq. ft. Seismic retrofit work performed. Zoned: CC. Parcel includes additional land at the rear of the building and has alley access off Nipomo Street. This asset is situated in the epicenter of new growth for downtown San Luis Obispo.
Offering consists of a Craftsman Style office for Sale with +/- 1,294* sq. ft. Includes 4 offices and open work area. Handicap access ramp. Zoning: office; allows residential. 4 on-site parking spaces. Sale price: $1,030,000. Rent roll and virtual tour available upon request. Short term lease in place. Adjacent property also for sale. Both 1410 and 1402 / 1406 Marsh may be purchased together at a reduced price. * does not include additional?second floor space
WOW! This price adjustment will grab your attention! Jump on this great opportunity to own or lease a sweet commercial space that is just the right size for a smaller enterprise and boasts newer construction in a great location in San Luis Obispo! You can easily get downtown, to the airport, across to 101 or south to 5 cities from this central location. This building, built in 2007, is ideally located in the complex on the inner side of the development. Unit 125 is an end unit, with only one shared wall, and has access doors at both front and back. It has lovely courtyard views through the back windows that give great natural light to the space. A good looking, durable, bamboo plank flooring and upscale decorating features allow you to move right in and get to business with a minimum of distraction. Each building has well-kept common area bathrooms available to the first floor commercial spaces. The listed square footage of +/- 689sf includes a share of these common area bathrooms. Each unit has the right to 2 uncovered, unassigned parking spaces in the complex. In addition, there is usually street parking available on Sacramento. (Lease amount is $1,500/mo) Come out, take a look, and see your future business possibilities!!
Office suite for sale or lease: +/- 668 useable square feet (including common areas). 2 private offices, each with their own entrance, plus a conference room between the two offices (or a third office space). Office can be rented furnished or unfurnished. Includes: small break area with sink and refrigerator and 2 unreserved parking spaces. Sale price: $350,000. Lease rate: $1,650 month, Modified Gross (tenant pays for all utilities). Available Now.
A well-maintained end unit in Broad Street Village with wonderful natural light and a rear patio overlooking the creek. Large main office/showroom and a rear private office. Rear office has a private entry and a wet bar. Currently used as a wine tasting facility. The suite will be vacated prior to closing. Fixtures negotiable. --- Also available For Lease
Contemporary, fully improved 3rd floor office condo located in the Prado Corporate Center. Very efficient layout includes reception area, numerous hard offices, conference room, open work area and kitchenette. Newer paint and carpet. Entire suite recently remodeled/updated. Abundant natural lighting, located in multi-tenant office building with easy freeway and Downtown access. Building amenities include lockable storage, elevator, shower and small gym space. Best office and street parking in town. Perfect for a mortgage, architecture, real estate, engineering/construction or tech office. You will not find a more turnkey, nicer office space, for the price.$550,000
Offering consists of a Craftsman style office building with +/- 1,096 sq. ft. Includes 3 offices, conference room and open work area. Second floor apartment includes +/- 1,479 sq. ft. space with 2 bedrooms and 2 bathrooms. Both office and apartment currently leased. Possibility to deliver office vacant. Zoning: Office, residential allowed. 5 on-site parking spaces. Sale price: $1,375,000. Rent roll and virtual tour available upon request. Adjacent property also for sale. Both 1402 / 1406 and 1410 Marsh may be purchased together at a reduced price.
Coveted downtown office location at the corner of Chorro Street and Pismo Street. Single standing medical building with parking. Presently operating as a dental office with 5 exam rooms/areas, private office, waiting and reception area, a lab/breakroom area and storage. Available in February of 2023. This type of property does not become available very often in downtown SLO. The building could be used as a medical office, commercial office or even be considered for converting to a downtown residence.
Indian Knob Ranch – Secluded Property – Ocean Views. REVISED OFFERING FROM 3,044 TO 1,611 GROSS ACRES – $12 MILLION ($7,450/GROSS ACRE). CLICK ON “VIRTUAL TOUR” LINK ABOVE FOR PROPERTY VIDEO PRESENTATION. The Mendrin Group is Exclusively Offering the Indian Knob Ranch, a 1,611 +/- acre contiguous tract of land located between the SLO Airport and Pismo Beach in San Luis Obispo County, California. Property Highlights: Ocean, Mountain, City, and Valley Views. 1,611 +/- Gross Acres in San Luis Obispo County, California. Ranch is approximately (1) mile south of the San Luis Obispo County Regional Airport. Agricultural water is sourced from 1 wells, 2 natural springs, and 3 ponds. Miles of private roads, and abundant wildlife including deer, turkeys, eagles, and wildflowers. Property is subject to a Williamson Act Contract. All Seller owned Mineral, Oil, and Gas Rights included. Pricing & Terms: $12,000,000 ($7,450 +/- per gross acre) all cash at the close of escrow. Potential Land Uses:. Estate Homesite, Corporate Retreat, Outdoor Events, Glamping, Land Trust Preserve, Environmental Mitigation. Hiking, Mountain Biking, Zip-Lining, Horseback Riding, Off-Road Activities, etc.. Portions of the Property may be suitable for agricultural related uses, including (but not limited to) cattle ranching, avocados, citrus, winegrapes, irrigated row crops, and herbs. The climate within the Edna Valley AVA provides the longest growing season in California. This extended growing season provides for later harvest dates than other AVAs in the county and contributes to the complex flavors of the premium Chardonnay and Pinot Noir grapes that are unique manifestations of the Edna Valley terroir. All communications, requests for information, due diligence, and submission of offers shall be directed exclusively through The Mendrin Group. Private property tours are strictly by appointment only with 48 hours prior notice. Alex D. Mendrin, Inc. dba The Mendrin Group has been granted Exclusive Representation Rights and Exclusively Represents the Seller for the offering and sale of the Indian Knob Ranch located in San Luis Obispo County, California, U.S.A.
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