Date
Details
Price
Change
Source
9/30/2026
Listed
$4,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/65
$4,200,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/65
Property Description
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.
Full Property Details
Full Property Details for 356 N Chorro
General
- Price: $4,200,000
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: SC26212823
- Updated: 10/1/2026
- Days on Market: 5 days
- Added to Site: 6 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room, Washer Included, Dryer Included
Parking
- Uncovered Spaces: 10
Location
- County: San Luis Obispo
- Driving Directions: North Chorro between Foothill and Highland Drive
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Wall Furnace
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 3
- Roof: Composition, Shingle
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 9360
- Square Feet: 9,360
- Year Built: 1983
- Year Built Source: Seller
Lot Features
- Lot Size (Acres): 0.2973
- Useable Acres: .2973
- Lot Size (Sq. Ft.): 12,951
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: Level with Street, Lot 10000-19999 Sqft
- Lot Description: Level with Street, Lot 10000-19999 Sqft
- Fencing (Description): Good Condition
Financial Considerations
- Price Per Sq. Ft.: $448
Disclosures and Reports
- Investment: Yes
- Property ID: 52332013
Listed by RE/MAX Success, LynnNeal and MichaelPuhek
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 356 N Chorro —
LynnNeal
RE/MAX Success
MichaelPuhek
805-781-8101
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 356 N Chorro
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Bishop's Peak Elementary School 451 Jaycee Drive, San Luis Obispo, CA 93405 | K-6 | 0.7 mi |
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405 | 7-8 | 2.7 mi |
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 356 N Chorro
Tax History
Tax History for 356 N Chorro
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,132
—
$970,882
2%
2025
$11,132
2%
$951,846
2%
2023
$10,862
—
$933,183
2%
2023
$10,862
6%
$914,887
2%
2022
$10,200
2%
$896,949
2%
2021
$9,998
1%
$879,363
1%
2020
$9,893
1%
$870,347
2%
2019
$9,774
2%
$853,282
2%
2018
$9,594
2%
$836,552
2%
2017
$9,402
-1%
$820,150
2%
2016
$9,540
12%
$804,070
2%
2015
$8,490
3%
$791,994
2%
2014
$8,255
—
$776,481
—
2013
$8,220
—
$772,973
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 356 N Chorro
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 2,262Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,320Sq. Ft.
- Condo
- Active
- Updated 5 hours ago
- 2Beds
- 3Total Baths
- 1,581Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 2,312Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 3Total Baths
- 2,314Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- Updated 8 days ago
- 4Beds
- 4Total Baths
- 3,540Sq. Ft.
356 N Chorro, San Luis Obispo, CA 93405 (MLS# SC26212823) is a Commercial Multi-Family property. 356 N Chorro is currently listed for $4,200,000 and was received on September 30, 2026. Want to learn more about 356 N Chorro? Do you have questions about finding other Commercial Multi-Family real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.