3590 Sacramento DrSan Luis Obispo, CA 93401

Property Details for 3590 Sacramento Dr

Year built

2009

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

8,881 SF

Zone code

M

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

053-065-029

APU

53065029

Description

This exceptional mixed-use investment opportunity in San Luis Obispo, CA, presents a compelling blend of residential and commercial income streams. Located at 3590-3592 Sacramento Drive, 93401, this property encompasses two buildings situated on a 1.45-acre parcel, totaling 63,162 square feet. The main building, a three-story structure at 3590 Sacramento Drive, houses 14 apartments and 4 commercial units, boasting 30,695 square feet. A separate single-story building at 3592 Sacramento Drive features an additional 3 commercial units, covering 5,859 square feet. The property boasts a remarkable 97% occupancy rate across its 14 apartments and 7 commercial units, generating substantial rental income. The property is zoned M and offers 60 reciprocal parking spaces for tenants and patrons. The asking price is $9,995,000, translating to $158.24 per square foot of net rentable area (12,042 sq ft). Detailed due diligence materials are available upon request and qualification. This Class B property represents a rare chance to acquire a well-established, high-performing mixed-use asset in a desirable California location. The property's strong tenancy and prime location make it an ideal investment for discerning buyers seeking stable returns and long-term appreciation.

Location Insight

City

San Luis Obispo

County

San Luis Obispo

State

California

Latitude

35.256

Longitude

-120.642

CBSA code

42020

CBSA name

SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.