1143 Walnut Street, San Luis Obispo, CA 93401

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1143 Walnut Street,San Luis Obispo, CA 93401
$1,095,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 1,953 sq. ft.
  • Single family
  • Active
Listed by: jennifer hamilton
Office: farrell smyth real estate
MLS#:CRSC25180078
Source:CAMAXMLS

Price summary

  • Price:$1,095,000
  • Price per sq. ft.:$560.68

About this home

Investment Opportunity in Prime San Luis Obispo Location – R2 Lot with Expansion Potential! Unlock the possibilities with this centrally located property just minutes from downtown San Luis Obispo and convenient freeway access. Situated on an R2-zoned lot, this unique investment opportunity features a spacious 4-bedroom, 2-bathroom main house built in 1925, plus a detached 1-bedroom, 1-bathroom ADU built in 1938 - ideal for rental income, multi-generational living, or future development. Both units are currently rented, providing immediate cash flow for investors. The property offers flexible living arrangements and strong rental potential, with ample space to reconfigure, upgrade, or expand. Whether you're looking to add units, renovate, or build out, the R2 zoning opens doors for creative growth (buyer to verify all plans and zoning with the city). Enjoy the benefits of a downtown neighborhood near shops, restaurants, parks, and public transit. With income already in place and

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Home facts

  • Year built:1925
  • Listing ID #:CRSC25180078
  • Added:181 day(s) ago
  • Updated:February 13, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:1,953 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Central

Structure and exterior

  • Year built:1925
  • Building area:1,953 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,095,000
  • Price per sq. ft.:$560.68
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at February 13, 2026

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