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  • 505 Brizzolara Street

505 Brizzolara Street, San Luis Obispo, CA 93401

$3,900,000 Approx. USD 22 beds, 12 baths
7,894 sqft

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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
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thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
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Tustin, CA 92780
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Listing Agent


Steve Golis | sgolis@radiusgroup.com
Lic#: 00772218
Broker: Courtesy of Radius Commercial RE

Agent Remarks

5.84% 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.

Listing Details

55+ Community
Property type: Multi Family (Multi-Family)
Status: Active
MLS# 26001748
List price is $3,900,000 Reduced by $475,000 on 9/30/2026
Price: $3,900,000
Beds: 22
Baths: 12 (12 full)
Built in 1963
7,894 sqft
2 stories
Lot size: 0.3700
County: San Luis Obispo
Parking description: 11 - 25,Private Lot,Street
Heating/cooling: Other Heat
Heating description: Other Heat
MLS area: 06 - San Luis Obispo
Pets Allowed: 1

Last Updated: 10/1/2026

 Days On Market (DOM): 45

 Find more San Luis Obispo homes and real estate

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This listing belongs to the 06 - San Luis Obispo MLS area

Lat/Long: 35.279368, -120.668809.
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Source: NSB. Also Available in V1-38406, 26-2861,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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