1142 Montalban Street San Luis Obispo, CA ^$ 1,100,000

1142 Montalban Street

^$ 1,100,000

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1142 Montalban Street

San Luis Obispo, CA, 93405

^$ 1,100,000

Bedrooms-- Baths-- Sq 1,208

Monthly Estimate*

^$ 6,863

Listed by Keller Williams Realty Santa Barbara

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Commercial Property for sale in San Luis Obispo, CA

for $1,100,000. This 1,208 square foot building was built in 1910 on a lot size of 0.1881.

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.

Commercial Active

Price

^$ 1,100,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1881

Year Built

1910

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

PI24167425

Days on Market

500

Features

General

Heating Wall Furnace

Cooling None

Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected

Roof Composition Shingle

Zoning Mixed Complex

Construction Materials Plaster Stucco

Year Built 1910

Electric Standard

Property Subtype Mixed Use

County San Luis Obispo

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions Santa Rosa St Turn East onto Montalban. Property is on the left.

City San Luis Obispo

Open Parking Spaces 2

MLS Area SLO - San Luis Obispo

Lot Size Units Square Feet

Lot Size Square Feet 8195

Listing Terms Cash

Additional Parcels Y/N 0

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Mixed Use

Interior

Total Stories 3

Air Conditioning Y/N 0

Heating Y/N 1

Laundry Features Common Area

Entry Level 2

Exterior

Fencing Wood

Lot Features Back Yard Front Yard

Water Source Public

Total Parking 2

Lot Size Area 8195

Building Area Total 1208

Lot Size Acres 0.1881

Lot Size Source Assessor

* Excluded Features

List By

Keller Williams Realty Santa Barbara

Broker

ScottTaylorTeam@gmail.com

Affordability Calculator

$6,863

Per Month

Monthly Principal & Interest: $6,863
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in San Luis Obispo, CA

Average List Price ^$2,921,805

Percent of Sale Price 166%

About San Luis Obispo, CA

47,311 Population

11% Since 2002

^$55,617 Median Income

30.28 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2025	$1,100,000		Listed Price

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1142 Montalban Street, San Luis Obispo, CA, 93405 is a Commercial Property for sale at $1,100,000 with 1,208 sqft and a lot size of 0.1881. 1142 Montalban Street was built in 1910. The property's zip code is 93405 which is in San Luis Obispo, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/25/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1142 Montalban Street

Commercial Property for sale in San Luis Obispo, CA

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