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Kirby Gordon

Kirby K. Gordon
Broker/Attorney
CA BRE Lic#00481105
Gordon & Gordon Real Estate Brokerage
Pismo Beach, CA 93449

805-773-2610

805-441-4794 Cell
Contact Me

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Listing 16 out of 162
$3,950,000 For Sale

505 Brizzolara Street
San Luis Obispo, CA 93401

11 units | Multi Family Home
14610 sq ft lot - MLS# SC19203541
Property Photo
1/23

Description

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!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93401
  • Year Built: 1963
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Stories: Two
  • Units: 11 units
  • Lot Size: 14610 sq ft lot
  • Zoning: R3
  • Area: SLO - San Luis Obispo
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 7894.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01904443
  • Co-Listing Office License: 01904443
  • Common Walls: 2+ Common Walls
  • Community Features: Suburban
  • Country: US
  • Directions: Nipomo to Brizzolara
  • Electric Expense: 174.32
  • Fuel Expense: 350.67
  • Gardener Expense: 3645.00
  • Gross Scheduled Income: 220200.00
  • Insurance Expense: 11205.00
  • Laundry Features: Common Area
  • Laundry YN: Yes
  • Listing Agent License: 01730653
  • Listing Office License: 01904443
  • Lot Features: Level with Street
  • Lot Size Area: 14612.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 150875.00
  • New Taxes Expense: 43450.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Operating Expense: 69325.00
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Special Conditions Details: Standard,Trust
  • Total Expenses: 69325.00
  • Trash Expense: 2708.00
  • Water Sewer Expense: 7792.00
  • Water Source: Public
  • Year Built Source: Public Records
Courtesy of Atlas Real Estate & Investment, Eric Kimmell



Kirby Gordon | 805-773-2610 | Contact Me
760 Mattie Road, Suite A1 - Pismo Beach, CA 93449
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