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$4,425,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 12 days ago
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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)

Full Property Details for 505 Brizzolara St

General

  • Price: $4,425,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: V1-34654
  • Updated: 2/13/2026
  • Days on Market: 13 days
  • Added to Site: 13 day(s) ago

Interior

  • Interior Features: 2 Staircases, Balcony, Beamed Ceilings
  • Fireplace(s): None
  • Appliances: Refrigerator, Electric Range
  • Flooring: Carpet, Tile, Laminate

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Concrete, Off-Street
  • Parking: Concrete, Off-Street

Location

  • Area: SLO - San Luis Obispo
  • County: San Luis Obispo
  • Development Name: SLO - San Luis Obispo
  • Driving Directions: From 101: take Peach St to Brizzolara, continue onto Broad St, Right on Peach St, Right on Nipomo, Left onto Brizzolara. Destination will be on the left.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • # Water Meters: 1
  • # Gas Meters: 12
  • # Electric Meters: 12

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,894
  • Year Built: 1963

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.3742
  • Lot Size (Sq. Ft.): 16,300
  • Lot Size Source: Public Records
  • Lot Description: No Sprinklers

Financial Considerations

  • Price Per Sq. Ft.: $560.55

Listed by Radius Group Commercial RE, Steven Golis

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Listing agent

— 505 Brizzolara St —

  • Steven Golis

    Radius Group Commercial RE

sgolis@radiusgroup.com

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 505 Brizzolara St

School District:San Luis Coastal Unified School District
NameGradesDistance
Hawthorne Elementary School, San Luis Obispo, CA
2125 Story Street, San Luis Obispo, CA 93401
K-60.8 mi
Laguna Middle School
11050 Los Osos Valley Road, San Luis Obispo, CA 93405
7-81.9 mi
San Luis Obispo High School
1499 San Luis Drive, San Luis Obispo, CA 93401
9-121.1 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 505 Brizzolara St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$4,425,000
31.11%
MLS
12/04/2019
Sold
$3,375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 Brizzolara St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$41,324
3%
$3,691,051
2%
2023
$40,004
—
$3,618,679
2%
2023
$40,004
7%
$3,547,726
2%
2022
$37,516
3%
$3,478,164
3%
2021
$36,508
—
$3,375,000
—
2020
$36,498
48%
$3,375,000
50%
2019
$24,716
2%
$2,246,784
2%
2018
$24,243
27%
$2,202,731
28%
2017
$19,095
1%
$1,724,187
2%
2016
$18,875
6%
$1,690,381
2%
2015
$17,849
6%
$1,664,991
2%
2014
$16,764
-2%
$1,632,377
-2%
2013
$17,068
—
$1,662,606
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Radius Group Commercial RE, Steven Golis

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505 Brizzolara Street, San Luis Obispo, CA 93401 (MLS# V1-34654) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 505 Brizzolara Street is currently listed for $4,425,000 and was received on February 13, 2026. Want to learn more about 505 Brizzolara Street? 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.

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