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Property profile & analytics
OFF-MARKET
Office buildings
1322 Morro St San Luis Obispo, CA 93401-4028
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0958207
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1918
Construction
WOOD
Total area
1,698 SF
Lot
0.14 ac (5,945 SF)
Zoning code
O
APN
002-442-003
UPID
US09-0958207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Debra Kambourian, LMFT Medical Clinic
-
Pepper Tree Counseling Family Counselor
-
Alice Davis, MFT Counselor
-
Activity Financial Group Loan Service Bank
-
San Luis Criminal Attorney Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jessica R Friedman · 1 yrs held
Jessica R Friedman
since 2024
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
O · San Luis Obispo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,795
Tax year 2024
Assessed value
$524,356
Assessed 2024
Previous assessed
$524,356
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$271,219
Assessed improvement
$253,137
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1918
Construction
WOOD
Heating
NONE
Rooms
6
Bathrooms
2
Total area
1,698 SF
Lot
0.14 ac (5,945 SF)
Zoning code
O
APN
002-442-003
UPID
US09-0958207
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
O · San Luis Obispo, CA
Zoning O · permitted uses
O · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1918
Construction
WOOD
Heating
NONE
Rooms
6
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jessica R Friedman
Individual
Mailing address
232 9TH AVE, KIRKLAND, WA 98033-5524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
Jessica R Friedman
Jessica R Friedman
Intrafamily Transfer
related
—
Jun 2, 2003
—
Davis,tr
Davis,alice
Quit Claim Deed
related
—
Mar 28, 2003
—
Davis,tr
Davis,alice
Quit Claim Deed
related
—
Jul 15, 1999
$350,000
William Finfrock
Godfrey,mark E & Karen L
Grant Deed
$250,000 · First Bank San Luis Obispo
Apr 1, 1998
—
Mark E Godfrey
Tenet Physician Partners LLC
Grant Deed
related
—
Nov 27, 1996
—
Tenet Physician Partners LLC
San Luis Medical Clinic Ltd
Grant Deed
related
—
May 7, 1996
—
San Luis Medical Clinic Ltd
—
Deed Of Trust
related
$1,685,000 · Tenet Management Services INC
Jun 8, 1990
$440,000
San Luis Medical
Clinic,propertie
Grant Deed
related
—
—
—
Mark E Godfrey
—
Deed Of Trust
related
$200,000 · First Bank San Luis Obispo
—
—
Davis,tr
—
Deed Of Trust
related
$235,657 · First Bank San Luis Obispo
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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