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$3,442,500

  • Sold
  • Closed
  • Multi-Family
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Completed in 2024, this fully furnished four-unit complex just blocks from Cal Poly University offers a rare investment opportunity. The property includes three 2-bedroom units and one 4-bedroom unit, for a total of 10 bedrooms with 13 current tenants. Each residence showcases high-end finishes, durable hard-surface flooring, two ¾ bathrooms, and in-unit laundry. Residents also enjoy thoughtful amenities, including a common picnic area, a secure bike storage room, and six covered onsite parking spaces. Designed for efficiency and low maintenance, the property features four large water heaters, owned solar panels servicing the house meter (for common areas), and separate electric and water meters for each unit. The building is fully leased until June of 2026. Ideally located near Cal Poly and Sierra Vista Hospital, this property sits in a highly desirable rental market with strong rents and a proven history of consistent occupancy.

Full Property Details for 1213 Murray

General

  • Sold For: $3,442,500
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SC25228622
  • Added to Site: 109 day(s) ago

Interior

  • Appliances: Dishwasher

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: SLO - San Luis Obispo
  • County: San Luis Obispo
  • Development Name: SLO - San Luis Obispo
  • Driving Directions: Santa Rosa to Murray

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 5
  • # Electric Meters: 5

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,806
  • Year Built: 2024

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1515
  • Lot Size Source: Assessor
  • Lot Description: Level with Street

Financial Considerations

  • Price Per Sq. Ft.: $904.49
  • Price Per Unit: 875000

Disclosures and Reports

  • Inclusions: Furniture

Listed by Richardson Sotheby's International Realty, Erik Berg-Johansen and Richardson Sotheby's International Realty, Chris Richardson
Sold by Richardson Sotheby's International Realty, Andrew Richardson

Listing agents

— 1213 Murray —

  • Erik Berg-Johansen

    Richardson Sotheby's International Realty

  • Chris Richardson

    Richardson Sotheby's International Realty

805-538-1828

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1213 Murray

School District:San Luis Coastal Unified School District
NameGradesDistance
Bishop's Peak Elementary School
451 Jaycee Drive, San Luis Obispo, CA 93405
K-61.3 mi
Laguna Middle School
11050 Los Osos Valley Road, San Luis Obispo, CA 93405
7-82.7 mi
San Luis Obispo High School
1499 San Luis Drive, San Luis Obispo, CA 93401
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1213 Murray

Date
Details
Price
Change
Source
11/10/2025
Sold
$3,442,500
-1.64%
MLS
10/01/2025
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Richardson Sotheby's International Realty, Erik Berg-Johansen and Richardson Sotheby's International Realty, Chris Richardson
Sold by Richardson Sotheby's International Realty, Andrew Richardson

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1213 Murray, San Luis Obispo, CA 93405 (MLS# SC25228622) is a Multi-Family property that was sold at $3,442,500 on November 10, 2025. Want to learn more about 1213 Murray? Do you have questions about finding other Multi-Family real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.