505 Brizzolara ST San Luis Obispo CA 93401 MLS #V1-34654

MLS #V1-34654 image #0
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)
Current real estate data for Single Family in San Luis Obispo as of Feb 24, 2026
205
Single Family Listed
134
Avg DOM
592
Avg $ / SqFt
$794,174
Avg List Price

Property Details

Price:
$4,425,000
MLS #:
V1-34654
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
slosanluisobispo
Listed Date:
Feb 13, 2026
Total Sq Ft:
7,894
Lot Size:
16,300 sqft / 0.37 acres (approx)
Year Built:
1963
Slo – San Luis ObispoSlosanluisobispoNone

Schools

Interior

Appliances
RF, ER
Cooling
NO
Flooring
TILE, LAM, CARP
Heating
NO
Laundry Features
AR

Exterior

Community Features
SDW, SUB, PARK
Construction Materials
WOD
Parking Spots
16

Financial

Net Operating Income
$221,545

Map

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Property Summary

    Located in the Not Applicable subdivision, 505 Brizzolara ST San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $4,425,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1963. The average price per square foot for Single Family listings in San Luis Obispo is $592. The average listing price for Single Family in San Luis Obispo is $794,174. To schedule a showing of MLS#v1-34654 at 505 Brizzolara ST in San Luis Obispo, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.

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Full-time Real Estate Broker, sold 1400+ Properties in SLO and SBC County. 40+ years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending…

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505 Brizzolara ST
San Luis Obispo, CA