Income-producing three-unit commercial investment opportunity in the heart of Los Osos. Located at 2131 10th Street, this CR (Commercial Retail) zoned property consists of three commercial units, including an established frame shop tenant generating in-place income and two additional vacant units available for immediate lease-up or owner-user occupancy. The property offers a strong value-add opportunity with clear upside through leasing the remaining space at estimated market rents of approximately $2.00/SF, allowing investors to stabilize and enhance cash flow. The flexible CR zoning supports a variety of retail, office, and professional service uses, providing broad leasing appeal and long-term adaptability. Positioned along a well-established commercial corridor in Los Osos, the property benefits from strong local visibility, surrounding residential density, and convenient access to Highway 1, Morro Bay, and Baywood Park. With a combination of in-place income and near-term lease-up potential, this property presents a compelling coastal investment opportunity.
| MLS # | PI26126875 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 71 |
| Listing Provided By | Invest SLO | Abel Contreras |
| SQ Feet | 2,550 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | CR |
| Acreage | 0.14 |
| Roof | Asphalt |
|---|---|
| Lot Features | Paved, Rectangular Lot |
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Los Osos |
| Zip Code | 93402 |
| Area | OSOS Los Osos |
| Listing VS Median (in 93402) | |
Price: $749,000 low | high Med: $925,000 sqft: 2,550 low | high Med: 2,720 $ / sqft: $294 low | high Med: $340 On site: 71 low | high Med: 65 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Los Osos |
| Zip Code | 93402 |
| Area | OSOS Los Osos |
| Listing VS Median (in 93402) | |
Price: $749,000 low | high Med: $925,000 sqft: 2,550 low | high Med: 2,720 $ / sqft: $294 low | high Med: $340 On site: 71 low | high Med: 65 | |
![]() | $749,0002141 10th StreetLos Osos, CA 93402 |
![]() | $600,0002112 9thLos Osos, CA 93402 |