505 Brizzolara Street, SAN LUIS OBISPO, CA 93401 (MLS# 26-2861)

505 Brizzolara Street, SAN LUIS OBISPO, CA 93401

$4,375,000

Property Type: Res Inc Lot Size (sq. ft.): 16,117 Status: Active

Current Price: $4,375,000 List Date: 8/26/2026 Last Modified: 8/26/2026

Overview

Description

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. *Unit 12 was converted from office to studio. Buyer to verify permit status.

Listing Details MLS# 26-2861

Location Info

District: 97 - OUT OF AREA
Street #: 505
Street Name: Brizzolara
Street Suffix: Street
State: CA
Country: US
Postal Code: 93401
County: San Luis Obispo
Parcel Nbr: 002-392-018
Cross Street: Peach St.

Contract Info

Price: 4375000
Begin Date: 2026-08-26

Property Information

Number of Units: 12
Year Built: 1963
Apx # Acres: 0.37
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3
Deposit Type: %

Miscellaneous

Parking Spaces: 16

More Information

Unit 1

# Units: 10
# Bedrooms: 2
# Baths: Yes
Rent: 25550
Monthly Total: 25550

Unit 2

# Units: 2
# Baths: Yes
Rent: 2625
Monthly Total: 2625

Meters

Sep Meter Elec: Y
Sep Meter Gas: Yes

Parking Info

Total # Unconvered Spaces: 16

Property Features

Foundation: Slab Parking Info: Outside; On Street Laundry: Laundry Room Zoning: R-3 Terms: Cash; Conventional Listing Type: ER

Documents

Preliminary Report ›

Listing Office: Radius Group Commercial R.E.

Last Updated: August - 26 - 2026

The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.