New ListingSet amid lush landscaping in a serene, park-like setting, 505 Brizzolara Street is a 12-unit multifamily property* in the heart of San Luis Obispo. The asset consists of ten (10) two-bedroom/one-bathroom apartments and two studios, all well maintained and featuring gracious floor plans filled with natural light and charm. Select upstairs units showcase exposed wood-beamed ceilings, adding warmth and character.Residents benefit from a private parking lot, on-site laundry, and a communal patio area. The centrally located property is moments from all that San Luis Obispo has to offer, with downtown shopping, dining, and entertainment within walking distance and Cal Poly just two miles away. This is a rare opportunity to acquire a quality investment asset in a premier San Luis Obispo neighborhood. Unit 12 was converted from an office to a studio in 2024. The work was not permitted.Recent CapEX: Zinsco electrical replacement, brand new main panel (2020)New roof & gutters installed (2020)Exterior fully repainted (2023)Back fence along creek replaced (2024)
| MLS # | V1-38406 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 1 |
| Listing Provided By | Radius Group Commercial RE | Steven Golis |
| SQ Feet | 7,894 |
|---|---|
| Story(s) | 2 |
| Units | 12 |
| Building(s) | 1 |
| Acreage | 0.37 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Interior Features | Beamed Ceilings, Balcony, Multiple Staircases |
| Appliances | Electric Range, Refrigerator |
| Fireplace Yes / No | No |
| Construction Materials | Wood Siding |
|---|---|
| Lot Features | Sprinklers None |
| Fencing | Wood |
| Parking Features | Concrete, Off Street |
|---|---|
| Garage Yes / No | No |
| Community Features | Park, Suburban, Sidewalks |
|---|
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $4,375,000 low | high Med: $1,674,000 sqft: 7,894 low | high Med: 5,324 $ / sqft: $554 low | high Med: $334 On site: 1 low | high Med: 103 | |
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | San Luis Obispo |
| Zip Code | 93401 |
| Area | SLO San Luis Obispo |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $4,375,000 low | high Med: $1,674,000 sqft: 7,894 low | high Med: 5,324 $ / sqft: $554 low | high Med: $334 On site: 1 low | high Med: 103 | |
![]() | $2,500,000668 MarshSan Luis Obispo, CA 93401 |
![]() | $3,465,000793 HigueraSan Luis Obispo, CA 93401 |