2131 10th Street, Los Osos, CA 93402
Three-unit commercial building with one leased storefront and two vacant spaces for lease-up or owner occupancy.
- Added:
- May 24, 2026
- Days on Market:
- 28
- Last Refresh:
- Jun 20 at 5:25 am
Property Features for 2131 10th Street
General Information
- Standard status
- Active
- Size
- 2,550 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1979
Listing agent Abel Contreras License #02062620
Listing office Invest SLO (805) 709-7143
Listing date May 24, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Invest SLO
HighLights
- Three‑unit commercial building with 1 leased storefront and 2 vacant units for lease‑up or owner occupancy
- CR (Commercial Retail) zoning at 2131 10th Street with flexible use for retail, office, and professional services
- Established frame shop tenant provides in‑place income, with 2 additional units available for immediate lease‑up
- Estimated market rent of approximately $2.00/SF for the remaining space
- 8 parking spaces and paved lot on a paved road; rectangular topography
- Asphalt roof; year built 1979
Overview
The property is located at 2131 10th Street in Los Osos and is positioned along a well-established commercial corridor. Public remarks indicate convenient access to Highway 1 and nearby destinations including Morro Bay and Baywood Park. The CR zoning is described as flexible, supporting a range of retail, office, and professional service uses.
For tenants, the vacant units can support new retail or professional office operations consistent with CR zoning. For buyers and investors, the combination of an operating tenant plus two available spaces may appeal to those looking to stabilize income while pursuing lease-up. The listing notes the remaining space could be leased at estimated market rents of approximately $2.00/SF, subject to execution of leasing strategy and tenant qualification.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.3k | $26.40 |
| − Vacancy | −$4.0k | −$1.58 |
| EGI | $63.3k | $24.82 |
| − OpEx | −$15.8k | −$6.20 |
| NOI | $47.5k | $18.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Osos
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.8327236
- Latitude
- 35.3125345
