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555 Westmont Avenue, 
San Luis Obispo, CA 93405

$19,250,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Steven J Golis

Radius Group Commercial R.E.

Last updated:

April 14, 2026, 02:37 PM

MLS#

26-232

Source:

SBAOR

About This Home

555 Westmont Avenue

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.

Home Facts

Multi-Family

Built in 1962

Price Summary

19,250,000

MLS #:

26-232

Last Updated:

April 14, 2026, 02:37 PM

Added:

4 month(s) ago

Structure

Structure

Year Built:

1962

Finances & Disclosures

Finances

Price:

$19,250,000

Source:SBAOR
Based on information from the Santa Barbara MLS as of May 28, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.