1144 Walnut, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 2 bath
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1144 Walnut
San Luis Obispo, California 93401
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,374Sq Ft
1,436Lot Size
Property Price
LIST PRICE$839,000
EST. MARKET VALUE
$785,508
6% AboveMARKET VALUE
SUMMARY
This Modern Three-Story Townhome is a Strong Value Opportunity, listed at $825,000—positioned slightly above the $788,719 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring a newer AC unit, dual en suite bathrooms, and a 2-car garage. Its prime location near Cal Poly and downtown San Luis Obispo ensures high rental demand and long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, lifestyle-focused residence in a high-demand urban corridor.
Estimated Market Value
$785,508
Based on Realkey algorithm analyzing recent comparable sales in San Luis Obispo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1144 Walnut Subject 2 bd · 2 ba · 1,374 sqft · $572 | $839,000* List Price | 2 | 2 | 1,374 | $572 | - |
A 1415 Morro Street 9 Sold 2 bd · 2 ba · 1,199 sqft · $708 · 0.6 mi | $849,000 | 2 | 2 | 1,199 | $708 | 0.6 mi |
B 777 Chorro Street 1 Sold 2 bd · 3 ba · 1,554 sqft · $589 · 0.3 mi | $915,000 | 2 | 3 | 1,554 | $589 | 0.3 mi |
C 265 Bridge 104 Sold 2 bd · 3 ba · 1,134 sqft · $661 · 0.3 mi | $750,000 | 2 | 3 | 1,134 | $661 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005, this 21-year-old townhome is well-maintained and move-in ready. It features a newer AC unit (system update), a functional open-concept kitchen, and modern layout elements like en suite bathrooms and walk-in closets that remain highly functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Ideally situated within walking distance to downtown San Luis Obispo and Cal Poly, offering exceptional convenience and high desirability for both owner-occupants and investors.
- Dual En Suite Layout
Both bedrooms feature private en suite bathrooms and walk-in closets, providing a highly functional and modern floor plan that maximizes privacy for roommates or guests.
- Modern Amenities and Parking
Built in 2005, the home includes a newer AC unit and a rare 2-car garage, offering modern climate control and ample parking in a high-demand urban area.
CONSRISKS & DEFICIENCIES
- Vertical Living Configuration
The three-story townhome design requires frequent stair usage, which may be a deterrent for buyers with mobility concerns or those seeking a more traditional single-level flow.
- Limited Private Outdoor Space
While the property includes a balcony and small patio, the compact lot size offers minimal yard space compared to single-family residences in the same price bracket.
About 1144 Walnut
Location. This property is close to freeway access, walking to downtown and to Cal Poly. Property is a 2 bedroom 2 bath unit with Forced air and newer AC unit This three story townhome offers 2 bedrooms, 2.5 bathrooms, a 2 car garage, and back patio. The kitchen and living area on the main level features an open concept with large windows and a balcony making it the perfect place to entertain. Property is close to parks, downtown SLO, and shopping. Both bedrooms feature an en suite bathroom and walk in closet. Appliances include a refrigerator, microwave, gas range, dishwasher, and washer/dryer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 1,436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $161.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,374 | 1,139.484 |
| Lot Size | 1,436 | 1,191.161 |
| Price | $839.0K | $758.3K |
| Price per sq ft | $611 | $592 |
| Built year | 2005 | 1988 |
| HOA | $161.0 | $397 |
| Days on market | 72 | 62 |
Pricing History
Listed for Sale
Aug 15, 2026
$839,000
$825,000
+2% Price Increase
Initial Listing
Price Change
Aug 13, 2026
$825,000
Initial Listing
Sold
May 22, 2018
$550,000
Public Record