USACASan Luis ObispoCd-1304 Ella St
1304 Ella St | Image 1

$3,515,000

Sold

4 months ago

CD - 1304 Ella St, San Luis Obispo, CA

MLS® SC25263904

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1986
MLS® Number SC25263904

Property Address: cd-1304 Ella St, San Luis Obispo, CA, 93401-4100

Average square foot calculated using Size range provided by listing agent.

Description

1304 Ella Street Units C and D are comprised of a fully leased and improved surgery center of 6, 144 SF (Unit C) as well as a 1/3 LLC interest in a 1, 000 SF administrative office (Unit D). Both suites are leased to the San Luis Obispo Surgery Center, a subsidiary of Sutter Heath. Both leases expire on August 31, 2030. The Surgery Center has been a long-term stable tenant, as both leases commenced on September 1, 2015. The Suite C lease expires on August 31, 2030 and the current net income for the 6, 144 SF suite is $18, 619.66 per month NNN. There are 2% annual increases on September 1st of each year. The Suite D lease expires on August 31, 2030 and the current net income for Suite C’s ownership interest is $792.98 NNN. There are 2.5% annual increases on September 1st of each year. Based upon the current annual net income of $232, 952 the cap rate at the asking price of $3, 515, 000 is 6.6%. 1304 Ella Street is located directly adjacent to the French Hospital Medical Center, San Luis Obispo County’s preeminent hospital.
MLS® NumberSC25263904
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1986
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Mar 2, 2026End Date
$3,250,000Sold Price

Sold

Nov 20, 2025List Date
$3,515,000List Price
  • Commute

Commute

Starting Address
Destination Address
1304 Ella St, San Luis Obispo, CA

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