$4,200,000
356 N Chorro
San Luis Obispo, CA, 93405
Welcome to Leland’s Lofts, a 14-unit multifamily property in the heart of San Luis Obispo.
Across three buildings, the property offers 12 studios, 2 one-bedroom residences with 1 1/2 baths, on-site laundry, storage and 16 parking spaces and 5 storage spaces. The location puts residents within a short walk or bike ride to Cal Poly, the Foothill shopping and dining district and downtown San Luis Obispo.
The current tenant culture consists of working professionals, some of whom work at Cal Poly.
In recent years current ownership has invested in the property with new windows, new roof, exterior painting, fencing, landscaping and site improvements, new commercial laundry equipment and renovations in multiple units.
The property is currently fully occupied with month to month leases.
Leland Lofts offers strong current income with potential to raise rents and from unrented storage units. Explore future improvements with the City for additional units subject to independent feasibility review and required approvals.
Broker makes no claim in regards to market rents or construction enhancements.
All information dispersed is deemed reliable, but not guaranteed. Buyer and buyer’s agent or broker to confirm all facts relating to the property. Contact us for the property fact sheet, rent roll and detailed financial information.
Across three buildings, the property offers 12 studios, 2 one-bedroom residences with 1 1/2 baths, on-site laundry, storage and 16 parking spaces and 5 storage spaces. The location puts residents within a short walk or bike ride to Cal Poly, the Foothill shopping and dining district and downtown San Luis Obispo.
The current tenant culture consists of working professionals, some of whom work at Cal Poly.
In recent years current ownership has invested in the property with new windows, new roof, exterior painting, fencing, landscaping and site improvements, new commercial laundry equipment and renovations in multiple units.
The property is currently fully occupied with month to month leases.
Leland Lofts offers strong current income with potential to raise rents and from unrented storage units. Explore future improvements with the City for additional units subject to independent feasibility review and required approvals.
Broker makes no claim in regards to market rents or construction enhancements.
All information dispersed is deemed reliable, but not guaranteed. Buyer and buyer’s agent or broker to confirm all facts relating to the property. Contact us for the property fact sheet, rent roll and detailed financial information.
Property Details
Price:
$4,200,000
MLS #:
SC26212823
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
slosanluisobispo
Listed Date:
Oct 1, 2026
Total Sq Ft:
9,360
Lot Size:
12,951 sqft / 0.30 acres (approx)
Year Built:
1983
Schools
Interior
Cooling
NO
Heating
FA, WL
Laundry Features
IR, DINC, WINC
Exterior
Fencing
GOOD
Parking Spots
16
Parking Total
16
Roof
CMP, SHN
Financial
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Map
Current real estate data for Commercial in San Luis Obispo as of Oct 02, 2026
28
Commercial Listed
103
Avg DOM
$2,007,532
Avg List Price
Community
- Address356 N Chorro San Luis Obispo CA
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93405
Subdivisions in San Luis Obispo
Similar Listings Nearby
Property Summary
- 356 N Chorro San Luis Obispo CA is a Commercial for sale in San Luis Obispo, CA, 93405. It is listed for $4,200,000 To schedule a showing of MLS#sc26212823 at 356 N Chorro in San Luis Obispo, CA, contact your James Outland agent at 8057482262.
Courtesy of RE/MAX Success. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 356 N Chorro
San Luis Obispo, CA