New Listing
$4,375,000
 $23,486 est/mo Sourced by Back At You

505 Brizzolara Street,San Luis Obispo, CA 93401

San Luis Obispo, CA 93401

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Description

Set 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)

Details

MLS #V1-38406
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1963
Days On Site1
Listing Provided ByRadius Group Commercial RE | Steven Golis

Features

SQ Feet7,894
Story(s)2
Units12
Building(s)1
Acreage0.37
Property ViewNone

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo
Interior FeaturesBeamed Ceilings, Balcony, Multiple Staircases
AppliancesElectric Range, Refrigerator
Fireplace Yes / NoNo

Exterior

Construction MaterialsWood Siding
Lot FeaturesSprinklers None
FencingWood

Parking

Parking FeaturesConcrete, Off Street
Garage Yes / NoNo

Location

Community FeaturesPark, Suburban, Sidewalks

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Community NameNot Applicable
Listing VS Median (in Not Applicable)
Price:
$4,375,000
low | high
Med:
$1,674,000
100% of Average
sqft:
7,894
low | high
Med:
5,324
82.556371928047% of Average
$ / sqft:
$554
low | high
Med:
$334
89.715191968967% of Average
On site:
1
low | high
Med:
103
2% of Average
Sourced by Back At You

Market Activity 93401

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Learn More About This Property

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO San Luis Obispo
Community NameNot Applicable
Listing VS Median (in Not Applicable)
Price:
$4,375,000
low | high
Med:
$1,674,000
100% of Average
sqft:
7,894
low | high
Med:
5,324
82.556371928047% of Average
$ / sqft:
$554
low | high
Med:
$334
89.715191968967% of Average
On site:
1
low | high
Med:
103
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $3.281M - $5.468M
sqft: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
668 Marsh Property Photo 1
$2,500,000
668 Marsh
San Luis Obispo, CA 93401
793 Higuera Property Photo 1
$3,465,000
793 Higuera
San Luis Obispo, CA 93401
Listing Updated: August 26, 2026 at 12:20:34 PM PDT