1213 Murray Ave, San Luis Obispo, CA 93405

Completed in 2024, this fully furnished four-unit complex just blocks from Cal Poly University offers a rare investment opportunity. The property includes three 2-bedroom units and one 4-bedroom unit, for a total of 10 bedrooms with 13 current tenants. Each residence showcases high-end finishes, durable hard-surface flooring, two ¾ bathrooms, and in-unit laundry. Residents also enjoy thoughtful amenities, including a common picnic area, a secure bike storage room, and six covered onsite parking spaces. Designed for efficiency and low maintenance, the property features four large water heaters, owned solar panels servicing the house meter (for common areas), and separate electric and water meters for each unit. The building is fully leased until June of 2026. Ideally located near Cal Poly and Sierra Vista Hospital, this property sits in a highly desirable rental market with strong rents and a proven history of consistent occupancy.