505 Brizzolara Street, San Luis Obispo, California image 1
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505 Brizzolara Street

San Luis Obispo, CA 93401
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$4,375,000 $18,445/Mo
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Bed 2

Bed

Bath 2

Bath

SqFt16,300

Sqft(Lot)

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 neighborh ood. 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)

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,375,000

AD Id : 90087464

MLS Id : V1-38406

Beds : 2

Lot Size : 16,300 Sqft

Year Built : 1963

County : San Luis Obispo

Subdivision: Inner City 7th

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Feature Features

  • Interior Features

    BeamedCeilings, Balcony, MultipleStaircases
    Appliances: ElectricRange, Refrigerator
    Laundry Features: CommonArea

  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1963
    Building Area Total: 7894
    Construction Materials: WoodSiding
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 16300 Lot Size Acres: 0.3742 Lot Size Source: PublicRecords Lot Size Square Feet: 16,300 Lot Description: SprinklersNone

    Property Information

    Subdivision: Not Applicable Source Property Type: ResidentialIncome Postal Code Plus 4: 3416 Levels: Two Property Age: 63

  • Listing Price Information

    Listing Price: $4375000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 002392018

  • Location Information

    Direction: -
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
O'connor Way, San Luis Obispo, CA, 93401 $3,450,000 2 2 2,400 --
5475 Mira Estrella Court, San Luis Obispo, CA, 93401 $3,825,000 4 4 4,404 53,579 Sqft
2350 Camino Edna, San Luis Obispo, CA, 93401 $3,610,000 4 4 4,336 43,560 Sqft
6520 Mira Cielo, San Luis Obispo, CA, 93401 $11,995,000 6 2 11,096 195,584 Sqft
3315 Barranca, San Luis Obispo, CA, 93401 $1,895,000 4 4 3,114 10,000 Sqft
2387 Carpenter Canyon, San Luis Obispo, CA, 93401 $2,675,000 7 6 4,923 871,200 Sqft
1854 Sydney Street, San Luis Obispo, CA, 93401 $3,185,000 5 8 5,351 239,580 Sqft
2645 El Cerrito, San Luis Obispo, CA, 93401 $2,639,000 6 4 4,244 0.21 Acre
1454 Quarry Court, San Luis Obispo, CA, 93401 $1,250,000 3 3 1,904 3,739 Sqft
3826 Sebright #1, San Luis Obispo, CA, 93401 $937,000 3 2 1,673 1,632 Sqft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/05/2026 @ 15:41

MLS: V1-38406 LISTED BY: Steven Golis, Radius Group Commercial RE 805-455-6891 SOURCE: CRMLS

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