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505 Brizzolara St , San Luis Obispo, CA 93401
$3,900,000
Est. Payment: $21,404.66/mo
2 Bed
2 Bath
0.37 Acres
Status: ACTIVE | Days on site: 35
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CRF-V6544 - CRF-vc199501844
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Chris Heller
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House Description

5.84% Current CAP󠃍󠂏󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃢󠂁󠂡󠃡󠂠󠂎 Rate! 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)
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Highlights

Listed by Steven Golis , 805-965-5500 Radius Group Commercial RE , (805) 455-6891. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.37

County

San Luis Obispo

Listing ID

V1-38406

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
Air Cond:N/K
Fireplaces:

Exterior Features

Zoning:Public Rec
Principal Interest
$21,405
Taxes
$2,486

Home Price

$3,900,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$780,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$21,404.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,404.66 $2,486.25 $0.00 $23,890.91
Yearly $256,855.89 $29,835.00 $0.00 $286,690.89
Total $7,705,676.55 $895,050.00 $0.00 $8,600,726.55

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (San Luis Obispo, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-03T21:56:29.000Z

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