505 Brizzolara ST, San Luis Obispo, CA 93401

$4,375,000

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Listed by Steven Golis, (805) 965-5500 from Radius Group Commercial RE
(If provided) CoList: from

List Price
$4,375,000
MLS#
CRV1-38406
Status
ACTIVE
Lot Size
16,300
Listing Area
Slo - San Luis Obispo
Year Built
1963

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)

Additional Information

Amenities
Open Beam Ceiling, Balcony/Patio, Other
Cooling System
None
Floor Covering
Laminate
Garage Parking
Off-Street Parking, Other
Heating System
No Heating
Laundry Facilities
Laundry Area
Lot Size
16,300
Neighborhood
Slo - San Luis Obispo
Pool Description
31, None
Unincorporated Yn
Yes

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