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    1124 Nipomo St San Luis Obispo, CA 93401

    Under Contract
    For Sale
    $1,150,000

    Commercial Sale - San Luis Obispo, CA

    Property size:
    1,900 SF
    Days on Market:
    136
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 1124 Nipomo St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    002422011
    Size
    1,900 SF

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1938
    Architectural style
    Other

    Bjerre & Garcia Realty, Inc. (805) 544-6060 [email protected]

    Listing agent Debbie Garcia (805) 544-6060 License #00880939

    Listing date Jul 23, 2025

    MLS# SC25121084 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Luis Obispo Office Building

    This Spanish-style office building is located in downtown San Luis Obispo. The property includes one upstairs apartment. A central courtyard provides natural light and an open-air atmosphere. The building's area is 1900 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R K Builders ... Home Builder Babak Naficy Law ... Law Firm Women's Community Center Non-Profit Organization Law Offices of Nicole ... Law Firm Bergantz Construction General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.665001
    Latitude
    35.2778502

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    FAQs

    What type of property is this?
    Office building - Spanish-style office building with apartment and downtown location.
    Where is this office building located?
    The property is located at 1124 Nipomo St San Luis Obispo, CA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Great downtown location; - Spanish-style architecture; - Includes one upstairs apartment
    (805) 544-6060
    Request Owner's contact information
    1124 Nipomo St San Luis Obispo, CA 93401
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    San Luis Obispo, CA 93401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1124 Nipomo St San Luis Obispo, CA 93401
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