3590 Sacramento Dr San Luis Obispo, CA 93401-7221

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.