Back 1143 Walnut Street
Off Market

1143 Walnut Street

San Luis Obispo CA 93401

5
3
2
1953 sq. ft.
7500 sq. ft.
Single-Family
Last sold for $915,000
Jennifer HamiltonJennifer Hamilton, last sold this property on 01 May 2026 after 258 days on market.

Overview

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 zoning that supports future development, this property is a smart addition to any portfolio. Explore the upside potential and make your move in one of SLO’s most desirable investment corridors. Don’t miss out—schedule a viewing and explore the potential today!

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
1953 sq. ft. floor area
7500 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in San Luis Obispo over the last 12 months, the estimated median property value of 1143 Walnut Street is $1.79m.

Median value
$1.79m
Estimated value range
$875k - $4.58m
Median days on market
25
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in San Luis Obispo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1143 Walnut Street

2026
Sold
$915,000
01 May 2026 by Jennifer Hamilton, of Farrell Smyth Real Estate

Happy sellers in San Luis Obispo

87%
87% of sellers in San Luis Obispo reported that their sale price either exceeded or met their price expectations.

San Luis Obispo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in San Luis Obispo over the last 12 months.

Local market activity for 5 bedroom single-family properties in San Luis Obispo

In the last 12 months, 12 five-bedroom single-family properties similar to 1143 Walnut Street, have been sold.

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