1247 Murray Avenue, San Luis Obispo, CA 93405

About this property

Welcome to 1247 Murray Street, a 6-unit multifamily property ideally located in the heart of San Luis Obispo. Each unit offers 1 bedroom and 1 bathroom, making this an attractive and highly rentable property for students, healthcare professionals, and working individuals. This turnkey investment is situated just minutes from Cal Poly University, Sierra Vista Regional Medical Center, and the vibrant downtown SLO corridor. Tenants will enjoy the convenience of nearby shops, restaurants, parks, and public transportation—adding to the strong rental demand in this sought-after area. Whether you’re a seasoned investor or entering the multifamily market, 1247 Murray Street presents a rare opportunity to own a stable income-producing property in one of California’s most desirable coastal communities. Don’t miss your chance to own a multifamily gem in beautiful San Luis Obispo.

Listing description from the June 2025 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold June 2025 · listed $1,799,000, on market May 2025 · MLS #SC25103615 · Source: CRMLS

Listing Agent: Andrew Richardson · Listing Office: Richardson Sotheby's International Realty · Contact: andrew@richardsonproperties.com · Bought with: Andrew Richardson · Richardson Sotheby's International Realty

$1,500,000

Sold September 2017 · listed $1,699,000, on market July 2017 · MLS #SP17166894 · Source: CRMLS

Listing Agent: Chris Strand · Listing Office: Holland Strand Real Estate · Contact: 805-544-1034 · Bought with: Brooke Sutton · Richardson Prop. Christie's In

$850,000

Sold October 2012 · listed $925,000, on market August 2012 · MLS #SL189298 · Source: CRMLS

Listing Agent: Kevin King · Listing Office: King Properties · Contact: 805-541-5464 · Bought with: Ronnald Schmitt · Schmitt, Ronn - Broker

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