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1551 Bishop Street #B240, San Luis Obispo, CA 93401
$1,250,000
1551 Bishop Street #B240, San Luis Obispo, CA 93401View this property at 1551 Bishop Street #B240, San Luis Obispo, CA 93401
1551 Bishop Street #B240San Luis ObispoCA93401
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Property Description
A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.
Full Property Details
Full Property Details for 1551 Bishop St #B240
General
- Price: $1,250,000
- Status: Active
- Type: Office
- MLS ID: SC24088380
- Updated: 5/2/2024
- Days on Market: 17 days
- Added to Site: 17 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: Bishop and Johnson
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2400
- Square Feet: 2,400
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.0551
- Useable Acres: .0551
- Lot Size (Sq. Ft.): 2,400
- Lot Size Source: Assessor
- Lot Features: 2-5 Units/Acre
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $520
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 3703056
Listed by Anderson Commercial RE Service, DerekSenn
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Schools
Schools serving 1551 Bishop St #B240
School District:San Luis Coastal Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2755 Augusta St, San Luis Obispo, CA 93401 | K-6 | 0.4 mi | |
11050 Los Osos Valley Rd, San Luis Obispo, CA 93405 | 7-8 | 3 mi | |
1499 San Luis Dr, San Luis Obispo, CA 93401 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1551 Bishop St #B240
Date
Details
Price
Change
Source
5/02/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1551 Bishop St #B240
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,928
7%
$716,204
2%
2022
$7,431
2%
$702,162
2%
2021
$7,312
1%
$688,395
1%
2020
$7,238
1%
$681,337
2%
2019
$7,162
2%
$667,979
2%
2018
$7,022
2%
$654,882
2%
2017
$6,884
2%
$642,042
2%
2016
$6,749
2%
$629,454
2%
2015
$6,646
-20%
$620,000
-25%
2014
$8,283
—
$825,000
—
2013
$8,283
—
$825,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1551 Bishop St #B240
1551 Bishop Street #B240, San Luis Obispo, CA 93401 (MLS# SC24088380) is a Office property. 1551 Bishop Street #B240 is currently listed for $1,250,000 and was received on May 02, 2024. Want to learn more about 1551 Bishop Street #B240? Do you have questions about finding other Office real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.