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.

Based on information submitted to CRMLS as of July 28, 2026 12:21 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 2131 10th Street

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Jacqueline Etchell

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Property Details of 2131 10th Street

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