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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$4,425,000

Est. payment - /mo

2 Beds

2 Baths

0.37 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID V1-38020

Bedrooms 2

Lot Size 0.374 Acres

Property Sub-Type Res Income 2-4 Units

Property 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. 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)

Location

State CA

County San Luis Obispo

Zoning Public Rec

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 002392018

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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Listed by Steven Golis, DRE#00772218 Radius Group Commercial RE

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

505 Brizzolara Street San Luis Obispo, CA 93401

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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