Listed By:
Patrick Smith with Avila Beach Realty Inc.;
1150 #3,4,8&9 Laurel Lane, San Luis Obispo, CA
$ 22,500,000
Property Attributes
  • MLS#SC23166657
  • TypeCommercial
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • Zip93401
  • StyleOffice
  • Price$ 22,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage53272
  • Lot Size1.22296 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Multi-tenant office space including City and State tenants and other commercial users. Newly renovated bathrooms, lobby and common area.

Price History
9/18/2023 Listed $22,000,000

General Features

Building Area Units Square Feet
City San Luis Obispo
Co-Listing Agent State License # 01908676
Construction Materials Frame, Steel Siding, Steel
Cooling Central Air
County San Luis Obispo
Directions 1150 Laurel Lane
Heating Central
Listing Agent Patrick Smith - BRE#00839752
Listing Agent State License 00839752
Listing Terms Cash to New Loan
Lot Size Square Feet 53272
MLS Area SLO - San Luis Obispo
Net Operating Income 1125000
Number of Units Leased 8
Occupancy Description Tenant
Open Parking Spaces 178
Operating Expense 375000
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Roof Membrane
Security Features Carbon Monoxide Detector(s), Fire Detection System, Fire Rated Drywall, Fire Sprinkler System, Smoke Detector(s)
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Laurel Lane
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected
Year Built 2023
Year Built Source Appraiser
Zoning M-M4/0-S

Interior Features

Air Conditioning Y/N Yes
Entry Level 1
Heating Y/N Yes
Laundry Features Common Area
Total Stories 1

Exterior Features

Buyer Agent Compensation 1.000
Buyer Agent Compensation Type %
Building Area Total 53272
Fencing Chain Link
Lot Features Level, Near Public Transit, Sprinkler System, Trees
Lot Size Acres 1.223
Lot Size Area 53272
Lot Size Source Appraiser
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 178
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 93401

AVG $690K
AVG 56
Data Provided by Inside Real Estate®
Year Built
AVG 1981