505 Brizzolara St, San Luis Obispo, CA, 93401
About This Home
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1963
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Interior Area
- Total interior livable area: 7,894 sqft
Property
Details
- Parcel number: 002392018
- Zoning: R-3
Lot
- Lot size: 0.37 Acres
Parking
- Total spaces: 16
- Parking features: Open
- Has uncovered spaces: Yes
- Uncovered spaces: 16
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in San Luis Obispo County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,375 | $268,500 |
| Home Insurance * | $578 | $6,936 |
| Property Taxes | $2,360 | $28,320 |
| Electricity | $1,692 | $20,313 |
| Total | $27,005 | $324,060 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-13 | Listed for sale | $4,425,000 |
| 2023-05-12 | Listing removed | -- |
| 2023-03-06 | Listed for sale | $4,275,000 |
| 2019-12-13 | Sold | $3,400,000 |
| 2019-09-25 | Pending sale | $3,950,000 |
| 2019-08-30 | Listed for sale | $3,950,000 |
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