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505 Brizzolara Street, San Luis Obispo, CA 93401

Property

For sale now

505 Brizzolara Street is on the market at $4,375,000. See the current listing →

505 Brizzolara Street, San Luis Obispo, CA 93401 Sold December 2019 CRMLS
$3,400,000Sold December 2019

Listing Agent: Eric Kimmell (DRE #01730653) · Listing Office: Atlas Real Estate & Investment · Contact: 805-748-3433 · Bought with: Steve Golis · Radius Group Commercial Real Estate,Inc. · MLS #SC19203541 · Source: CRMLS

14,612 sqft
Lot Size
1963
Year Built
Property
Type
2
Stories
0
Garage

How this sale compares

505 Brizzolara Street sold for $3,400,000 in December 2019, 14% under its $3,950,000 list price, after 25 days on the market. Across 231 closed sales in 93401 over the last 12 months, the median sold price is $1,015,000 and the median is $620 per square foot.

$620
93401 median per sq ft (12 mo)
$1,015,000
93401 median sold price (12 mo)
231
Closed sales in 93401 (12 mo)
25
Days on market
−14%
Sold vs. list price
QuarterClosed sales in 93401Median sold price
Q1 202621$1,035,000
Q2 2026117$1,075,000
Q3 202693$978,550

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Luis Obispo · Homes for sale in 93401

About this property

Centrally-located San Luis Obispo Multi-Family Offering walking distance to downtown, shopping, restaurants, and more. This property currently consists of 11 total units, including 10 2-Bedroom/1-Bathroom units and a studio. There is an additional space with a bathroom currently being used as an office (this space is not included as part of the 11 units). The property is well maintained and in overall good condition. Lush landscaping, ample parking (16 spaces), and a community patio and barbeque area make this property easily rentable. The property is uniquely positioned close to downtown for convenience, and also backing up to Brizzolara Creek giving the complex a serene, calm feel. Upstairs units feature exposed wood beamed ceilings. There is lots of potential upside on this already performing and well-established income property in the heart of San Luis Obispo!

Listing description from the December 2019 sale, as reported to CRMLS.

Sale history

$3,400,000
Sold December 2019 · listed $3,950,000, on market August 2019, 25 days on market · MLS #SC19203541 · Source: CRMLS
Listing Agent: Eric Kimmell · Listing Office: Atlas Real Estate & Investment · Contact: 805-748-3433 · Bought with: Steve Golis · Radius Group Commercial Real Estate,Inc.

Recent sales near 505 Brizzolara Street

MLS-reported closed sales in 93401, nearest first (last 12 months). All recent sales in San Luis Obispo →

Questions about 505 Brizzolara Street

When did 505 Brizzolara Street last sell?

505 Brizzolara Street last sold in December 2019 for $3,400,000, according to CRMLS-reported closed sales.

What did 505 Brizzolara Street sell for?

$3,400,000, 14% below the $3,950,000 list price, after 25 days on the market.

How does that compare to other San Luis Obispo sales?

231 homes closed in ZIP 93401 over the last 12 months at a median of $1,015,000 ($620 per square foot).

Is 505 Brizzolara Street for sale now?

Yes — 505 Brizzolara Street is currently on the market at $4,375,000. Open the current listing on Nalren for photos, details and the listing agent.

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