3510 Broad St San Luis Obispo, CA 93401

$4,250,000 Sold Price as of 05/15/2019

-- Beds
-- Baths
20,564 Sq.Ft.

Off Market

$4,250,000 Sold Price as of 05/15/2019 Refinance Your Mortgage

Map preview of 3510 Broad St, San Luis Obispo, CA 93401

Property Overview: 3510 Broad St San Luis Obispo, CA has -- bedrooms, -- bathrooms, 20,564 living square feet and 43,995 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3510 Broad St is currently an off market home in the city of San Luis Obispo. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of San Luis Obispo has a median list price of $1,095,000. The median price per/sqft for San Luis Obispo is $650. With those numbers in mind, if you are looking to purchase a median priced home in San Luis Obispo, CA and put 20% down you will need to save up $219,000 for the down payment and will need roughly $21,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in San Luis Obispo the commission could be as much as $49,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3510 Broad St

Last sold for $4,250,000 on May 15th, 2019

May, 2019
May 16, 2019

Date

Sold

CRMLS: SC19114477

$4,250,000

Price
May 16, 2019

Date

Active

CRMLS: SC19114477

$4,250,000

Price
Listing provided courtesy of CRMLS

For Comp Purposes only.

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May, 2019
May 15, 2019

Date

Sold (Public Records)

Public Records

$4,250,000

Price
April, 2019
Apr 3, 2019

Date

Sold (Public Records)

Public Records

--

Price
September, 2015
Sep 4, 2015

Date

Price Change

CRMLS: PI1058751

$4,075,000

Price
Listing provided courtesy of CRMLS

Marketing Remarks: We are pleased to present this mixed use commercial/multi-family property. The investment is in a prime location on 227/Broad St. which is a business corridor for San Luis Obispo. Add in the rare opportunity with newer construction and parking on site in the city of San Luis Obispo, CA and you have an opportunity with future growth while enjoying a stable return on investment. The property includes 6, 1bdrm, 1bth units with views of the surrounding mountains. Commercial tenant has been in the location since the construction of the building in 2006. Excellent ingress and egress at two points with easy access to the roll up door. Large show room with 5 offices and four restrooms on the first floor. This is a rare find in San Luis Obispo. Average daily traffic count is 27,000. Please request a package for further information.

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Tax History for 3510 Broad St

Assessed Value (2020): $4,335,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,326,000	$3,009,000	$4,335,000

About 3510 Broad St

Detailed summary of property

3510 Broad St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in San Luis Obispo, CA 93401 and last sold on May 15, 2019 for $4,250,000. This property has -- bedrooms, -- bathrooms, roughly 20,564 living square feet, and sits on an approximately 43,995 square foot lot. Homes in San Luis Obispo are selling for a median price of $995,000 and a median price per square foot of $626. Based on Ardent Real Estate Group's San Luis Obispo Market Data, this home is sold 327.14% higher than the current median priced home. 3510 Broad St was last sold on May 15, 2019 for $4,250,000. Local nearby listings include 2322 Canyonback Rd, 2839 Mandeville Canyon Rd and 2253 Canyonback Rd. The average home in San Luis Obispo, CA is selling in 46 days. There are currently 113 homes for sale in the San Luis Obispo real estate market and 87 of them are single family homes while 22 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 3510 Broad St San Luis Obispo, CA 93401 contact Ardent Real Estate Group and we will put you in touch with one of our San Luis Obispo agents.

Public Facts for 3510 Broad St

Public county record property details

Beds: --
Baths: --
Year built: 2007
Sq. Ft.: 20,564
Lot Size: 43,995
Stories: --

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: San Luis Obispo
Lot#: --
APN: 053-231-042

The source for these homes facts are from public records.

93401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,125,000

Median List Price/Sq.Ft.

$667

Median Sold Price

$905,250

Median Sold Price/Sq.Ft.

$639

Total Inventory

Median Sale to List Price %

95.39%

Avg Days on Market

Loan Type

Conventional (43.75%), FHA (0%), VA (0%), Cash (21.88%), Other (34.38%)

Thinking of Selling?

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(714) 706-1823

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