Date
Details
Price
Change
Source
1/22/2026
Listed
$19,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$19,250,000
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1/19
Property Description
555 Westmont Apartments is a 49-unit community consisting of six residential buildings arranged around two enclosed courtyards, creating a private, campus-style living environment. Located just off the highway, the property offers convenient access to Cal Poly via Highland Drive and strong connectivity to downtown San Luis Obispo. Proximity to both Cal Poly and Cuesta College supports consistent student demand. The unit mix includes 26 one-bedroom/one-bath units, 18 two-bedroom/one-bath units, and 5 three-bedroom/two-bath units. Amenities include ample on-site parking with uncovered and tuck-under spaces and potential future ADU conversion within existing carport areas (buyer to verify). Interior renovations present a clear value-add opportunity through modernization and rent growth.
Full Property Details
Full Property Details for 555 Westmont Ave
General
- Price: $19,250,000
- Status: Active
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 26-232
- Updated: 1/22/2026
- Added to Site: 9 day(s) ago
Rooms
Other Rooms
- Laundry: Laundry Room
Parking
- Carport Spaces: 16
- Total Spaces: 73
Location
- Area: 97 - OUT OF AREA
- County: San Luis Obispo
- Cross Streets: Couper Drive
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Structural Information
- Year Built: 1962
- Property Condition: Good
Lot Features
- Lot Features: Near Public Transit
- Zoning: R-3
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 052-502-018
Listed by Radius Group Commercial R.E.
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Listing agent
— 555 Westmont Ave —
Radius Group Commercial R.E.
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Schools
Schools serving 555 Westmont Ave
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 | 0.5 mi |
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405 | 7-8 | 2.8 mi |
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 555 Westmont Ave
Tax History
Tax History for 555 Westmont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$103,779
3%
$9,340,905
1%
2023
$101,142
—
$9,243,743
2%
2023
$101,142
7%
$9,052,196
2%
2022
$94,737
2%
$8,866,239
2%
2021
$93,203
1%
$8,694,666
1%
2020
$92,209
1%
$8,602,245
3%
2019
$91,209
2%
$8,324,297
2%
2018
$89,259
2%
$8,161,077
2%
2017
$87,357
—
$8,001,057
2%
2016
$87,636
5%
$7,844,174
1%
2015
$83,362
7%
$7,776,348
4%
2014
$77,994
1%
$7,504,802
—
2013
$76,949
—
$7,470,885
—
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 555 Westmont Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 2,462Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 3Beds
- 3Total Baths
- 2,031Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 2,814Sq. Ft.
- Mobile Home
- Active
- Updated 21 hours ago
- 2Beds
- 2Total Baths
- 1,200Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,632Sq. Ft.
- Single Family
- Active
- Updated 13 hours ago
- 4Beds
- 4Total Baths
- 2,602Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 6Beds
- 8Total Baths
- 6,275Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 3Total Baths
- 3,202Sq. Ft.
555 Westmont Avenue, San Luis Obispo, CA 93405 (MLS# 26-232) is a Multi-Family property with 49 units containing 0 bedrooms and 0 full bathrooms. 555 Westmont Avenue is currently listed for $19,250,000 and was received on January 22, 2026. Want to learn more about 555 Westmont Avenue? Do you have questions about finding other 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.