11573 Los Osos Valley Road

Estimated Monthly Payment: $9,598/mo 11573 Los Osos Valley Road, San Luis Obispo, CA 93405 MLS# SP18296047 Commercial Sale Listing Status: Pending

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REMARKS:

Great SLO investment property or potentially an owner/user that has a mid-sized company looking to own instead of rent office space. The rents are well below market however all leases are short term. Getting rents to market and changing leases from gross to net should have the potential to get the property to a 7% cap. The property is comprised of a two-story office complex that totals approximately 8,419 SqFt. The buildings were built in the late 70's and have been well maintained. It is two stories of wood-frame construction (stucco-coat and wood siding) with a flat roof. There are various entries around the building. Each floor also features tow common area restrooms and a mechanical room. The building fronts Los Osos Valley Rd and has both covered and uncovered parking in back and accommodates 26 parking spaces. Unit interiors feature carpeted floors, painted and textured Sheetrock walls, and drop-lit/acoustical panel ceilings. The building includes forced-air heating and air conditioning. There are concrete walks in and around the building. There is irrigated landscaping and mature trees on the parcel. See attached brochure for financials and interior photos of the property.

OVERVIEW:

Commercial Sale
Pending
SLO - San Luis Obispo
1978
24438
0.56
Stucco
Forced Air
Central
Public
103x240
16-20 Units/Acre

FINANCIAL:

2104750

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of King Properties

 

Based on information from California Regional Multiple Listing Service, Inc. as of 03/26/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  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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