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Property profile

1338 Santa Rosa St San Luis Obispo, CA 93401

FOR SALE
Medical Office Space
Property ID
US09-1708505
3,861 SF 0.34 ac lot Built 1962
Last sale Sep 2026 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The SANTA ROSA PROFESSIONAL BUILDING at 1338–1340 Santa Rosa Street is a two-unit medical office property originally constructed in 1962. The building contains two separate suites with approximately mirror-image layouts, each sized at about 1,930 square feet, for a total of roughly 3,860 square feet. It has historically been used as a dental office and is configured to support medical office and general office uses. The two independent suites are designed for either single-tenant occupancy or…

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?
$10k
Tax billed · 2024
Assessed value$941k
Assessed land$358k
Assessed improvement$583k
Effective rate1.11%

Value estimate

· Oct 2026
$425k
$383k – $468k
Submarket $/SF estimate$1.14M
NOI build-up
Gross scheduled income$183k
Vacancy & credit loss−$6k
Operating expenses−$71k
NOI · 5.45% cap applied$106k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$427/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$180 – $555

Cap rate analysis

How does the asset earn?
5.45%
$106k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R2
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 Service11.8
Shoe Repair8.7
Pet Grooming Service8.3

Location

1338 Santa Rosa St San Luis Obispo, CA 93401
County assessor Recorded deeds · 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1551 Bishop St, San Luis Obispo, CA 93401-4661 $1,250,000 Oct 2024 2,277 SF
1245 Broad, San Luis Obispo, CA 93401-3907 $1,900,000 Jul 2022 4,313 SF
743 Pismo, San Luis Obispo, CA 93401-3921 $340,000 Nov 2020 2,556 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
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