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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1142 Montalban Street, San Luis Obispo – $1,100,000

  • $1.1M Price
  • .19 Acres
  • 411 DOM
  • $1.1M Price
  • .19 Acres
  • 411 DOM

1142 Montalban Street

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.

Essential Information

  • MLS® #PI24167425
  • Price$1,100,000
  • Bathrooms0.00
  • Acres0.19
  • Year Built1910
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address1142 Montalban Street
  • AreaSLO - San Luis Obispo
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93405

Amenities

  • Parking Spaces2

Utilities

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

Interior

  • HeatingWall Furnace
  • CoolingNone
  • # of Stories3

Exterior

  • ExteriorPlaster, Stucco
  • Lot DescriptionBack Yard, Front Yard
  • RoofComposition, Shingle
  • ConstructionPlaster, Stucco

Additional Information

  • Date ListedAugust 13th, 2024
  • Days on Market411
  • ZoningMixed Complex

Listing Details

  • AgentScott Taylor

Office

Keller Williams Realty Central Coast

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Price Change History for 1142 Montalban Street, San Luis Obispo, (MLS® #PI24167425)

Date Details Change
Price Reduced from $1,399,000 to $1,100,000 $299,000 (21.37%)
Price Reduced from $1,500,000 to $1,399,000 $101,000 (6.73%)

Scott Taylor, Keller Williams Realty Central Coast.

Based on information from California Regional Multiple Listing Service, Inc. as of September 28th, 2025 at 5:25am PDT. 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.