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.
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.
Property Details
Price:
$599,000
MLS #:
NS26071720
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Apr 3, 2026
Lot Size:
6,250 sqft / 0.14 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
SDW, SUB, CRB
Fencing
NO
View
NE
Financial
Map
Community
- Address878 Murray AV San Luis Obispo CA
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93405
Market Summary
Current real estate data for Land in San Luis Obispo as of Apr 23, 2026
24
Land Listed
240
Avg DOM
$2,318,370
Avg List Price
Property Summary
- Located in the San Luis Obispo(380) subdivision, 878 Murray AV San Luis Obispo CA is a Land for sale in San Luis Obispo, CA, 93405. It is listed for $599,000 and features 0 acres.
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Courtesy of Stable Properties. 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 The California Company include the name of the listing broker. Neither the listing company nor The California Company 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. 878 Murray AV
San Luis Obispo, CA
