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Pending
    • Listed by: Radius Group Commercial RE • Steven Golis • Contact: sgolis@radiusgroup.com
    $4,425,000

    505 Brizzolara St, San Luis Obispo, CA 93401

    2beds
    2baths
    7,894sqft
    : 
    $28,873/mo
    Get pre-qualified
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $561/sqft
    $-- HOA

    What's special

    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)
    170 days
    |
    100
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Golis DRE #00772218 sgolis@radiusgroup.com,

    Radius Group Commercial RE

    Source: CRMLS,MLS#: V1-38020MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: Electric Range, Refrigerator
      • Laundry: Common Area
      Features
      • Beamed Ceilings, Balcony, Multiple Staircases
      • Flooring: Carpet, Laminate, Tile
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,894
      • Total interior livable area: 7,894 sqft

      Property

      Parking
      • Total spaces: 16
      • Parking features: Concrete, Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: None
      Lot
      • Size: 0.37 Acres
      • Features: Sprinklers None
      Details
      • Parcel number: 002392018
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      Condition
      • Year built: 1963

      Community & HOA

      Community
      • Features: Park, Suburban, Sidewalks
      • Subdivision: Not Applicable
      Location
      • Region: San Luis Obispo

      Financial & listing details

      • Price per square foot: $561/sqft
      • Date on market: 2/25/2026
      • Cumulative days on market: 170 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,301/mo

        Price history

        DateEventPrice
        8/5/2026Pending sale$4,425,000$561/sqft
        Source: CRMLS #V1-38020 Report a problem
        6/14/2026Listing removed$4,425,000$561/sqft
        Source: SBMLS #26-495 Report a problem
        2/13/2026Listed for sale$4,425,000+3.5%$561/sqft
        Source: SBMLS #26-495 Report a problem
        5/12/2023Listing removed--
        Source: Pasadena Foothills MLS #V1-17153 Report a problem
        3/6/2023Listed for sale$4,275,000+25.7%$542/sqft
        Source: SBMLS #23-580 Report a problem
        12/13/2019Sold$3,400,000-13.9%$431/sqft
        Source: CRMLS #SC19203541 Report a problem
        9/25/2019Pending sale$3,950,000$500/sqft
        Source: Atlas Real Estate & Investment #SC19203541 Report a problem
        8/30/2019Listed for sale$3,950,000$500/sqft
        Source: Atlas Real Estate & Investment #SC19203541 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 93401

        Getting around

        89 / 100
        Very Walkable
        36 / 100
        Some Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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