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$4,425,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 17 hours 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. *Unit 12 was converted from office to studio. Buyer to verify permit status.

Full Property Details for 505 Brizzolara St

General

  • Price: $4,425,000
  • Status: Active
  • Type: Multi-Family
  • Source: SBAOR
  • MLS ID: 26-495
  • Updated: 2/13/2026
  • Added to Site: 1 day(s) ago

Rooms

Other Rooms

  • Laundry: Laundry Room

Location

  • Area: 97 - OUT OF AREA
  • County: Santa Barbara
  • Cross Streets: Nipomo Street

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Structural Information

  • Square Feet: 7,894
  • Living Area: 7,894 Sq. Ft.
  • Year Built: 1963
  • Property Condition: Good

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,300
  • Lot Size: 16300
  • Zoning: R-3

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Reports: Prelim
  • Property ID: 002-392-018

Listed by Radius Group Commercial R.E.

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Listing agent

— 505 Brizzolara St —

  • Radius Group Commercial R.E.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Radius Group Commercial R.E.

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505 Brizzolara Street, San Luis Obispo, CA 93401 (MLS# 26-495) is a Multi-Family property with 11 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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