505 Brizzolara Street, San Luis Obispo, CA 93401

San Luis Obispo
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
505 Brizzolara Street,San Luis Obispo, CA 93401
$3,900,000
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: steven golis
Office: radius group commercial re
MLS#:V1-38406
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,900,000

About this home

5.84% Current CAP Rate! 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 &...

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Home facts

  • Listing ID #:V1-38406
  • Added:74 day(s) ago
  • Updated:November 09, 2026 at 03:22 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2

Structure and exterior

  • Construction Materials:Wood
  • Levels:2 Story

Finances and disclosures

  • Price:$3,900,000
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