The median home value in San Luis Obispo, CA is $907,500.
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 $907,500.
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.
1304 Ella Street Units C and D are comprised of a fully leased and improved surgery center of 6,144 SF (Unit C) as well as a 1/3 LLC interest in a 1,000 SF administrative office (Unit D). Both suites are leased to the San Luis Obispo Surgery Center, a subsidiary of Sutter Heath. Both leases expire on August 31, 2030. The Surgery Center has been a long-term stable tenant, as both leases commenced on September 1, 2015. The Suite C lease expires on August 31, 2030 and the current net income for the 6,144 SF suite is $18,619.66 per month NNN. There are 2% annual increases on September 1st of each year. The Suite D lease expires on August 31, 2030 and the current net income for Suite C's ownership interest is $792.98 NNN. There are 2.5% annual increases on September 1st of each year. Based upon the current annual net income of $232,952 the cap rate at the asking price of $3,515,000 is 6.6%. 1304 Ella Street is located directly adjacent to the French Hospital Medical Center, San Luis Obispo County's preeminent hospital.
Prime investment property on one of the main intersections in San Luis Obispo. Located on the corner of Broad Street and Tank Farm Road with easy access to Downtown, the Highway, and minutes away from SLO Airport. Suite 240 is currently leased and is 2,490/sf. Suite 230 is 5,561/sf and is also leased at $1.75/SF NNN. It offers an open floorplan, 8 offices, a conference room, and lobby area. The building features an elevator to service the building and common area restrooms throughout. These second floor suites have great views.
Prime medical office space on one of the main intersections in San Luis Obispo. Located on the corner of Broad Street and Tank Farm Road with easy access to Downtown, the Highway, and minutes away from SLO Airport. It offers an open floorplan with offices, a conference room, kitchenette and lobby area. The building features an elevator to service the building and common area restrooms throughout. This first floor suite has great visibility and is available now.
Large commercial building offering multiple office suites as well as warehouse storage. Ample designated parking spaces. There are 4 Suites in total. Suites 1,3 & 4 are located on the first floor. They include large office spaces, conference rooms, kitchen/break rooms, multiple bathrooms and storage. Suite #4 is warehouse space with two roll up doors, a private office and bathroom. Suite #2 is on the second floor, with 3 private offices, central open space, kitchen/breakroom and restroom. The building is very well maintained. The City annexation fee has been paid. Several leases in place through 2025 and 2026.
This 46,242 SF building sits on a 2.67-acre parcel and offers exceptional versatility. Originally constructed in 1984 with recent exterior renovations, the facility can accommodate a single user or be demised into suites creating a multi-tenant building. Historically utilized for manufacturing, storage, and distribution, the property is well-suited to support a wide range of industrial uses.
A San Luis Obispo restaurant property with outstanding freeway visibility. The free-standing building consists of approximately 6000 SF with a high-volume kitchen, large prep areas and walk-in refrigeration capacity. Seating capacity for over 100 inside with two outdoor patios for additional dining. Dining areas consist of a mix of counter seats, booth seating and open dining areas that can be arranged or segregated for private parties and banquets. There is flexibility in the size and design concepts for the food service area. There are 65 parking spaces to accommodate customers. The property is located at the southern entrance to San Luis Obispo at the LOVR exit. Surrounded by 4 hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and straddled on both sides of the freeway with residential housing. The property offers immediate occupancy with all kitchen equipment and facilities ready to go. A tenant can customize their design concept and be ready for service with no downtime for construction or improvements. Located down the street from Costco and Home Depot, the Los Osos Valley Road corridor is the major destination for San Luis Obispo consumers. The right concept and great food can make this location a destination landmark for San Luis Obispo. 5,940 SF
*MAJOR PRICE REDUCTION* Welcome to Victoria Crossing in San Luis Obispo, CA. The community features 33 residential flats (sold and occupied) and three (3) modern commercial suites at ground level. Unit 101 ($390,000): Approximately 1,275 SF interior space and 1,000 SF outdoor patio space. Unit 102 ($190,000): Approximately 1,021 SF and currently combined with Unit 101 but can be sold separately. UNIT 103: SOLD. In addition to street parking on both sides of Victoria and Caudill, the commercial condos benefit from 11 onsite parking spaces. Access to a grease trap and venting systems make this space ideal for a restaurant or caf . Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses.
Professional office space available in Aerovista Business Park. Zoned for medical and office use with excellent parking. The beautiful interior consists of seven private offices, an executive style conference room, two open bullpen areas and a full-size break room / kitchen. Just off of Broad St/Hwy 227 and adjacent to San Luis Obispo Airport.
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
1250 Peach St. Ste H is a well-appointed medical condo featuring four exam rooms, a physician's office, private restrooms, a reception area, and onsite parking. Conveniently located with excellent visibility and accessibility being a couple of blocks from Highway 101.
Located at 1338-1340 Santa Rosa Street the SANTA ROSA PROFESSIONAL BUILDING has been a 2 unit Dental Office since is was constructed in 1962. The property is constructed a two independent medical offices with approximately mirror image floorplans of 1930sqft each. Property can be used for Medical or General office use.
An iconic two story structure in SLO's Chinatown, adjacent to the Palm Theatre. The property is outfitted as a restaurant. This location is in the heart of downtown San Luis Obispo, just down the block from Hotel SLO and steps from Mission Plaza. There is a large parking garage directly across from the building. This is an opportunity to own a piece of San Luis Obispo history in a wonderful location.
Fantastic location! Easy access to main arteries into San Luis Obispo as well as Highway 101. This freshly painted third-floor suite offers approximately 1,155 square feet of bright, welcoming workspace - ideal for a variety of professional uses. Large windows provide ample natural light and showcase stunning views of Cerro San Luis. Tenants can also enjoy access to a shared outdoor common area on the same floor, complete with table seating - perfect for coffee breaks, lunch, or after-hours gatherings while taking in the city skyline. The building features both stair and large elevator access from the entry level, and this suite includes six (6) designated off-street parking spaces for added convenience. Close to medical services, Sierra Vista Hospital, County and City Government Centers, eateries, shopping and so much more.
This is your opportunity to own an office near the heart of San Luis Obispo. Recently updated, this versatile suite is available either vacant or partially furnished. Spanning approximately 1,290 square feet, the layout includes several private offices, conference space, and storage areas. A welcoming reception area greets visitors, while a well-equipped break room features cabinetry, countertop space, and a sink. As an added bonus, on the third floor, tenants also have access to a shared outdoor common area with table seating - perfect for enjoying views of Cerro San Luis, the nearby Cal Poly campus, and the surrounding cityscape. The building offers both stair and elevator access, along with off-street parking in a generously sized lot. This property has excellent access to highway 101 and main arteries into San Luis Obispo or out to highway 1. Located near services, shopping, eateries and the vibrant downtown business district of San Luis Obispo. This property is also available to lease. Please call for details!
Exceptional winery production facility in the heart of Edna Valley AVA, located along the highly traveled Orcutt Road wine corridor. This turnkey estate features a 43,218 square foot production facility with an estimated 3,500-ton crush capacity, 435,000 gallons of NEW stainless steel jacketed temperate controlled tanks and ample barrel storage. The vineyard is planted to Pinot Noir, Chardonnay, and Syrah, with additional plantable ground for future growth. With panoramic views and an ideal setting for a tasting room or event venue, the property offers significant potential to expand direct-to-consumer sales and elevate brand visibility. Purpose-built for scale and efficiency, the facility includes climate-controlled barrel rooms, stainless steel tanks, and a new robust 1-million-gallon wastewater system. Positioned in one of California's most prestigious wine regions, this property offers an unmatched opportunity to grow a premium wine brand while capitalizing on hospitality and event-driven revenue.
Commercial / Residential mixed use development opportunity in San Luis Obispo! This pre-planned mixed use development in downtown San Luis Obispo offers substantial income potential with 5 units to be built (2 commercial, 2 residential + ADU) within 1 mile walking/biking/transportation of Cal Poly campus San Luis Obispo. Current building on property is 1208 sq ft 2bed/1 bth home built 1910 and is rented until 1/31/2025 allowing for ongoing income as the plans/permits are finalized. Purchase of the property includes existing plans, permits, studies and approvals.
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. HOA notes that the addition of a private bathroom would be allowed! If a private bathroom is not required for your business, the unit has access to two well-appointed common area bathrooms, making it an ideal location for any business type. Experience the perfect balance of ownership and functionality at this prime commercial location
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.
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