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    2874 San Marcos Ave Los Olivos, CA 93441

    For Sale
    $3,495,000

    Three commercial parcels in historic Los Olivos, California.

    Lot size:
    0.39 Acres

    Property Features for 2874 San Marcos Ave

    General Information

    Lot size
    0.39 Acres

    Building Details

    Year built
    1892

    Source: Sotheby's International Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Olivos Commercial Zoned Parcels

    Located within walking distance of the historic Los Olivos Flag Pole and downtown Los Olivos, these three commercial zoned parcels (C-2) present a rare opportunity. The parcels, identified as The Red House (APN 135-133-027), The Shop (APN 135-133-021), and The Storage Lot (APN 135-133-047), are being sold As-Is. Prospective buyers are advised to conduct thorough due diligence, particularly regarding long-term property development options specific to Los Olivos.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Los Olivos
    County
    Santa Barbara
    State
    California
    Longitude
    -120.11
    Latitude
    34.7368

    Nearby Similar for Sale

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      Historic Rancho Cielo Campground Opportunity

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    • $4,900,000

      Los Olivos Landmark Property

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      2880 Grand Ave, Los Olivos, CA 93441
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    FAQs

    What type of property is this?
    Commercial land - Three commercial parcels in historic Los Olivos, California.
    Where is this commercial land located?
    The property is located at 2874 San Marcos Ave Los Olivos, CA.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: - Rare opportunity for commercial development in Los Olivos.; - Three commercially zoned parcels (C-2) included in the sale.; - Located within walking distance to the historic Los Olivos Flag Pole and downtown Los Olivos.
    (805) 901-1156
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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
    2874 San Marcos Ave Los Olivos, CA 93441
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