Financial
Distress signals
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 May 2012 · $525,000
Trust Owned Owner of record is a trust. 14-yr Hold Held for 14 years. 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?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 2026
$425k
$383k – $468k
Sales comparison$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 Service10.2
Pet Store9.5
Pet Supply Store9.5

Location

1338 Santa Rosa St San Luis Obispo, CA 93401
County assessor Recorded deeds · 3 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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