Open House Jul 1 at 9:30AM - 11:30AM PDT
Images
Request Info- Front of house
- 1025 living room
- Original hardwood flooring
- 1025 kitchen
- 1025 bedroom
- 1025 bathroom
- Detached garage
- 1023 updated kitchen
- 1023 bathroom with tile walk-in shower
- 1023 bathroom
- Private outdoor space with beautiful views
$999,000
Active
1023 Walnut Street Overview
- Time on Site:
- 18 days
- Visits:
- 0
Whether you're looking for a smart investment, a place to live with rental income, or housing for a Cal Poly student, this charming duplex offers flexibility and opportunity in one attractive package. This property is located 4 blocks from downtown San Luis Obispo, conveniently close to highway 101 access, and Cal Poly. The front residence has been thoughtfully updated with a bright, open floor plan, modern finishes, and a fresh, contemporary feel. The remodeled kitchen opens seamlessly to the living space and features white cabinetry, updated countertops, and a large peninsula perfect for casual dining or entertaining. A beautifully renovated bathroom includes a spacious walk-in tiled shower, while the private deck provides a peaceful spot to enjoy your morning coffee, unwind in the evening, or take in the surrounding hillside views. The second unit offers its own distinct character and comfortable living space, creating excellent potential for rental income, guest accommodations, or multi-generational living. This unit features original hardwood floors, wood paneling, and several windows for lots of natural light. Separate outdoor areas give each residence a sense of privacy and independence. This property is set on a generously sized lot with off-street parking, mature landscaping, and multiple outdoor gathering spaces. Each unit has access to a garage and their own washer and dryer. This structure could be converted into an ADU for even more rental income potential. Check with the city for future development opportunities. The versatile layout allows future owners to maximize income, offset mortgage costs, or simply enjoy the benefits of owning a property with built-in flexibility. This is an investment opportunity with updated living spaces, private outdoor areas, and endless possibilities for both investors and owner-occupants alike.
Open Houses
-
PublicWed. Jul 19:30AM - 11:30AM PDT
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1023 Walnut Street Facts & Features
- Type Multi-Family
- Sq. ft. 1,400
- Price/Sq.ft. $714
- Lot 0.12 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: None
School Information
- School District: San Luis Coastal Unified
Building Information
- New Construction: No
- Year Built: 1948
Location/Region
- Country: US
- County Or Parish: San Luis Obispo
- MLS Area Major: SLO - San Luis Obispo
- Postal City: SAN LUIS OBISPO
- Subdivision Name: San Luis Obispo(380)
Community/Development
- Community Features: Biking,Curbs,Storm Drain(s),Street Lights,Sidewalks
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
General Information
- Listing Terms: Cash to New Loan
- Parcel Number: 002313005
- Property Sub Type: Duplex
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total: 2
- Bedrooms Total: 2
General Information
- Accessibility Features: Parking
- Appliances: Gas Range,Microwave,Refrigerator
- Common Walls: 1 Common Wall
- Entry Level: 0
- Entry Location: Ground
- Fireplace Features: None
- Fireplace: No
- Flooring: Vinyl,Wood
- Foundation Details: Raised
- Interior Features: Ceiling Fan(s),All Bedrooms Down
- Laundry Features: In Garage
- Levels: One
- Living Area: 1400.0
- Living Area Source: Estimated
- Living Area Units: Square Feet
- Main Level Bathrooms: 2
- Main Level Bedrooms: 2
- Stories: 1
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Driveway,Driveway Up Slope From Street,Garage,On Street
- Parking Total: 2.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre
- Lot Size Acres: 0.1158
- Lot Size Area: 5045.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 5045.0
- Lot Size Units: Square Feet
- Road Surface Type: Paved
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
Building Exterior/Construction
- Attached Garage: No
- Patio And Porch Features: Deck
- Property Attached: Yes
- Roof: Asbestos Shingle
- Structure Type: Duplex
General Information
- Fencing: Wood
- Number Of Units Total: 2
- Pool Features: None
- Pool Private: No
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
1023 Walnut Street Neighborhood
Community
93401 (San Luis Obispo) Demographics
36
Median Age
411
Population Density (per sq. mile)
60%
College Educated
$78,788
Estimated Median Income
6,162
Estimated Total Home Owners
6,505
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1023 Walnut Street Monthly Cost
1023 Walnut Street Market Data
Based on the last 30 days in this zip code
$1,423,803
Average List Price
$747
Average Price per Square Foot
38
Properties Sold
72
Average Days on Market
221
Properties for Sale
1023 Walnut Street History
| Date | Value | Agent |
|---|---|---|
| 6/11/2026Source: CRMLS | June 11, 2026 |
|
| 6/11/2026Source: CRMLS | June 11, 2026 |
Listing provided courtesy of The Schwaegerle TeamOwen Schwaegerle- MLS# SC26128081
Contact Information: [email protected] - 805-776-3036
Contact Information: [email protected] - 805-776-3036