Property profile

1895 Monterey St San Luis Obispo, CA 93401

OFF-MARKET
Motels
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Property ID
US09-2181637
5,192 SF 1.35 ac Built 1961
Last sale Jan 2026·$7,220,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This 40-key hotel in San Luis Obispo, CA presents a compelling investment opportunity. Situated on a 1.34-acre lot at 1895 Monterey St, 93401, this property boasts 17,264 square feet across two, two-story buildings. Built in 1961 and extensively renovated between 2015 and 2016, the hotel benefits from a C-T-S Tourist-Commercial-Special Consideration Zone Overlay permitting. The asking price is $9,999,000, representing a price per key of $249,975 and a price per square foot of $579.18. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$75k
Tax billed · 2024
Assessed value$6.73M
Assessed land$3.16M
Assessed improvement$3.57M
Effective rate1.12%

Value estimate

· Nov 2026
$7.00M
$6.30M – $7.70M
AI approach$7.13M
Submarket $/SF estimate$4.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$549/SF
County average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$274 – $829

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CT
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.4
Building Supply10.5
Laundry Service9.8

Location

1895 Monterey St San Luis Obispo, CA 93401-2613
County assessor Recorded deeds · 17 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
951 Monterey, San Luis Obispo, CA 93401-3204 $14,408,000 Apr 2023 40,904 SF
1119 Gdn, San Luis Obispo, CA 93401-3525 $34,500,000 Feb 2023 No data
2223 Monterey, San Luis Obispo, CA 93401-0627 $2,000,000 Dec 2021 2,410 SF
1575 Monterey, San Luis Obispo, CA 93401-2927 $1,800,000 Sep 2020 5,958 SF
652 Morro, San Luis Obispo, CA 93401-2707 $89,000 Mar 2020 4,549 SF
1951 Monterey, San Luis Obispo, CA 93401-2615 $5,200,000 Aug 2019 15,451 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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