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$4,425,000
Est. payment /mo
2 Beds
2 Baths
0.37 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-34654
Bedrooms 2
Lot Size 0.374 Acres
Property Sub-Type Res Income 2-4 Units
Property 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)
Location
State CA
County San Luis Obispo
Zoning Public Rec
Direction From 101: take Peach St to Brizzolara, continue onto Broad St, Right on Peach St, Right on Nipomo, Left onto Brizzolara. Destina
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 002392018
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Steven Golis, DRE#00772218 Radius Group Commercial RE
Nearby Locations
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