878 Murray Avenue San Luis Obispo, CA $ 599,000
878 Murray Avenue
$ 599,000
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878 Murray Avenue

San Luis Obispo, CA, 93405
$ 599,000
Baths0.0

Monthly Estimate*

$ 3,688

Listed by Stable Properties
878 Murray Avenue, San Luis Obispo, CA 93405 - Image 1
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Studio

Lots and Land for sale in San Luis Obispo, CA

for $599,000. The lot size is 0.1435.

There’s something special about Murray Avenue, one of San Luis Obispo’s most loved streets, and opportunities like this are rarely available. Vacant lots on Murray are limited, making this 6,250± sq ft offering especially noteworthy. Ideally located just minutes from California Polytechnic State University, downtown San Luis Obispo, and some of the area’s best hiking and biking trails, the setting alone is hard to beat. What truly sets this opportunity apart is the momentum already in place. Plans for a thoughtfully designed house and ADU have been submitted to the City of San Luis Obispo and are included in the sale, featuring a 4-bedroom, 3-bath main residence with a detached 3-car garage, plus a 2-bedroom, 1-bath ADU. Whether you’re looking to build your dream home or create a high-demand investment property with strong rental potential, this is a rare chance to step into one of San Luis Obispo’s most consistently desirable neighborhoods with a head start.

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Lots and Land Contingent

Price

$ 599,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.1435

Town/City

San Luis Obispo

County/Region

San Luis Obispo

MLS | Web ID

NS26071720

Days on Market

10

Features
General
Utilities Electricity Available Sewer Available
Zoning R1
HOA Fee 0
View Neighborhood
Current Use See Remarks
Community Features Curbs Suburban Sidewalks Park
County San Luis Obispo
New Construction false
Property Type Land
HOA false
Subdivision Name San Luis Obispo(380)
Possible Use Residential
Special Listing Conditions Standard
Status Active Under Contract
Directions On north side of Murray Ave.
City San Luis Obispo
Senior Community Y/N false
MLS Area SLO - San Luis Obispo
Lot Size Units Square Feet
Lot Size Square Feet 6250
Listing Terms Cash Cash to New Loan
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active Under Contract
Tax Lot 4
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Exterior
Fencing None
Lot Features Near Park
Water Source Public
Lot Size Area 6250
Lot Size Acres 0.1435
Lot Size Source Assessor
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* Excluded Features
List By
Stable Properties

Broker

kellywood@stableproperties.com

Email

Affordability Calculator

$3,688
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$599,000 Listed Price

Map


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878 Murray Avenue, San Luis Obispo, CA, 93405 is a Lots and Land for sale at $599,000 with a lot size of 0.1435. 878 Murray Avenue is a studio with 0.0 baths. The property's zip code is 93405 which is in San Luis Obispo, CA