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 Apr 10, 2026
261
Single Family Listed
128
Avg DOM
612
Avg $ / SqFt
$895,884
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
Interior Features
_2STR, BL, BC
Laundry Features
AR
Levels
U

Exterior

Common Walls
NCW
Community Features
SDW, SUB, PARK
Construction Materials
WOD
Fencing
WD
Parking Spots
16
Parking Total
16
Spa Features
NO
View
NO

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 $612. The average listing price for Single Family in San Luis Obispo is $895,884. 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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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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505 Brizzolara ST
San Luis Obispo, CA