• Listing status icon

    $1,550,000

  • Active | MLS#: SP18140452

1042 Olive Street San Luis Obispo, CA 93405

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Listing provided courtesy of: Central Coast Realty Group

Overview

Here is your opportunity to purchase a fully entitled mixed use hotel facility. This property currently includes 17 extended stay units and first floor commercial space on approximately one half acre of commercial-tourist zoned space in downtown San Luis Obispo. While the property was approved as an extended stay facility, existing zoning also allows the project to be built as six salable loft units, plus 11 extended-stay hotel units, and ground floor commercial lease space. This and other alternative uses may be explored at the Buyer's expense with the City. 22,499 square feet of undeveloped land near Downtown San Luis Obispo, Cal Poly, and Highway 101.

General Features

  • Subdivision Name San Luis Obispo(380)
  • County Or Parish San Luis Obispo
  • Community Features Sidewalks, Storm Drains, Street Lighting

Building Features

Property Features

  • Lot Features Lot 20000-39999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat

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Nicki Anderson

805-235-3327CCRG - San Luis Obispo Office

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Price & Status History

Days on Market

  • This property has been listed on the market for 7 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Listing agent photo

Nicki Anderson

805-235-3327CCRG - San Luis Obispo Office

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Community Demographics for Zip Code 93405 (San Luis Obispo)

Housing Occupancy
  • Home Owners: 4,088 (38%)
  • Renters: 5,939 (55%)
  • Vacant: 813 (8%)
  • Total Housing Units: 10,840
Households
  • Average Household Size: 2.44
  • Housing Density (People per square mile): 470
Age Range (number of people)
  • Age 0-14: 6,256
  • Age 15-24: 2,393
  • Age 25-39: 9,203
  • Age 40-59: 14,382
  • Age 60-79: 6,247
  • Age 80+: 2,785
  • Total: 41,266

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 93405 (San Luis Obispo)

Public Schools in Zip Code 93405 (San Luis Obispo)

* This list of schools may not match the property above.

PACIFIC BEACH HIGH 11950 LOS OSOS VALLEY RD SAN LUIS OBISPO, CA 93405 Phone: 8055964023 9th-12th
Grade Size Distribution
  • 10th: 2
  • 11th: 10
  • 12th: 49
School Population
  • Teachers: 3
  • Students per Teacher: 20.3
  • Students: 61
  • Male/Female: 32/29
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135
LAGUNA MIDDLE 11050 LOS OSOS VALLEY RD SAN LUIS OBISPO, CA 93405 Phone: 8055964055 7th-8th
Grade Size Distribution
  • 7th: 335
  • 8th: 373
School Population
  • Teachers: 33
  • Students per Teacher: 21.5
  • Students: 708
  • Male/Female: 355/353
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135
SAN LUIS OBISPO COUNTY JUVENILE COURT 3350 EDUCATION DR SAN LUIS OBISPO, CA 93405 Phone: 8057815395 6th-12th
Grade Size Distribution
  • 9th: 6
  • 10th: 11
  • 11th: 8
  • 12th: 11
School Population
  • Teachers: 2
  • Students per Teacher: 18.0
  • Students: 36
  • Male/Female: 30/6
School District
  • SAN LUIS OBISPO COUNTY OFFICE OF EDUCATION
  • 3350 EDUCATION DR SAN LUIS OBISPO, CA 93405
  • Phone: 8055437732
District Population
  • Schools: 4
  • Full-Time Teachers: 60
  • Students per Teacher: 10.8
  • Staff: 401
  • Students: 652
TEACH ELEMENTARY 451 JAYCEE DR SAN LUIS OBISPO, CA 93405 Phone: 8055964100 4th-6th
Grade Size Distribution
  • 4th: 18
  • 5th: 30
  • 6th: 23
School Population
  • Teachers: 3
  • Students per Teacher: 23.7
  • Students: 71
  • Male/Female: 35/36
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135
BELLEVUE-SANTA FE CHARTER 1401 SAN LUIS BAY DR SAN LUIS OBISPO, CA 93405 Phone: 8055957169 K-6th
Grade Size Distribution
  • Knd: 20
  • 1st: 20
  • 2nd: 20
  • 3rd: 20
  • 4th: 21
  • 5th: 22
  • 6th: 22
School Population
  • Teachers: 9
  • Students per Teacher: 16.1
  • Students: 145
  • Male/Female: 69/76
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135
BISHOP'S PEAK ELEMENTARY 451 JAYCEE DR SAN LUIS OBISPO, CA 93405 Phone: 8055964030 K-6th
Grade Size Distribution
  • Knd: 39
  • 1st: 41
  • 2nd: 48
  • 3rd: 43
  • 4th: 35
  • 5th: 31
  • 6th: 50
School Population
  • Teachers: 15
  • Students per Teacher: 19.1
  • Students: 287
  • Male/Female: 167/120
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135
PACHECO ELEMENTARY 261 CUESTA DR SAN LUIS OBISPO, CA 93405 Phone: 8055964081 K-6th
Grade Size Distribution
  • Knd: 78
  • 1st: 78
  • 2nd: 73
  • 3rd: 70
  • 4th: 61
  • 5th: 64
  • 6th: 48
School Population
  • Teachers: 27
  • Students per Teacher: 17.5
  • Students: 472
  • Male/Female: 240/232
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135
SAN LUIS COUNTY SPECIAL EDUCATION 3350 EDUCATION DR SAN LUIS OBISPO, CA 93405 Phone: 8055437732 K-12th
Grade Size Distribution
  • Knd: 6
  • 1st: 17
  • 2nd: 15
  • 3rd: 10
  • 4th: 11
  • 5th: 12
  • 6th: 14
  • 7th: 13
  • 8th: 14
  • 9th: 20
  • 10th: 17
  • 11th: 14
  • 12th: 21
School Population
  • Teachers: 29
  • Students per Teacher: 6.3
  • Students: 184
  • Male/Female: 114/70
School District
  • SAN LUIS OBISPO COUNTY OFFICE OF EDUCATION
  • 3350 EDUCATION DR SAN LUIS OBISPO, CA 93405
  • Phone: 8055437732
District Population
  • Schools: 4
  • Full-Time Teachers: 60
  • Students per Teacher: 10.8
  • Staff: 401
  • Students: 652
SAN LUIS OBISPO COUNTY COMMUNITY 3350 EDUCATION DR SAN LUIS OBISPO, CA 93405 Phone: 8057827340 K-12th
Grade Size Distribution
  • 7th: 1
  • 8th: 14
  • 9th: 20
  • 10th: 60
  • 11th: 92
  • 12th: 71
School Population
  • Teachers: 13
  • Students per Teacher: 19.8
  • Students: 258
  • Male/Female: 185/73
School District
  • SAN LUIS OBISPO COUNTY OFFICE OF EDUCATION
  • 3350 EDUCATION DR SAN LUIS OBISPO, CA 93405
  • Phone: 8055437732
District Population
  • Schools: 4
  • Full-Time Teachers: 60
  • Students per Teacher: 10.8
  • Staff: 401
  • Students: 652
SMITH (C. L.) ELEMENTARY 1375 BALBOA ST SAN LUIS OBISPO, CA 93405 Phone: 8055964094 K-6th
Grade Size Distribution
  • Knd: 43
  • 1st: 41
  • 2nd: 58
  • 3rd: 47
  • 4th: 44
  • 5th: 39
  • 6th: 65
School Population
  • Teachers: 21
  • Students per Teacher: 16.0
  • Students: 337
  • Male/Female: 179/158
School District
  • SAN LUIS COASTAL UNIFIED
  • 1500 LIZZIE ST SAN LUIS OBISPO, CA 93401
  • Phone: 8055491200
District Population
  • Schools: 16
  • Full-Time Teachers: 364
  • Students per Teacher: 19.6
  • Staff: 716
  • Students: 7135

Private Schools in Zip Code 93405 (San Luis Obispo)

* This list of schools may not match the property above.

Greenhills School Of San Luis Obispo 814 Meinecke Ave. San Luis Obispo, CA 93405 Phone: 8055455909 PreK-12th
Grade Size Distribution
  • Knd: 5
  • 1st: 9
  • 2nd: 6
  • 3rd: 5
  • 4th: 3
  • 5th: 1
  • 11th: 9
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 29
The Laureate Private School 880 Laureate Ln. San Luis Obispo, CA 93405 Phone: 8055442141 PreK-12th
Grade Size Distribution
  • Knd: 20
  • 1st: 13
  • 2nd: 15
  • 3rd: 12
  • 4th: 6
  • 5th: 9
  • 6th: 8
  • 7th: 8
  • 8th: 3
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 94
Zion Lutheran Preschool 1010 Foothill Blvd. San Luis Obispo, CA 93405 Phone: 8055438469 PreK-12th
Grade Size Distribution
  • PreK: 45
  • Knd: 10
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 55

* School data provided by US Department of Education


Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2018 2:48 AM PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional