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(626) 893-2817
Gilbert Garcia
1213 Murray, San Luis Obispo, CA 93405
- $3,442,500
- Sold Price
- $3,442,500
- List Price
- $3,500,000
- Closing Date
- Nov 10, 2025
- Status
- CLOSED
- MLS#
- SC25228622
- Year Built
- 2024
- Lot Size
- 6,600
- Acres
- 0.15
- Lot Location
- Street Level
- Days on Market
- 41
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- San Luis Obispo(380)
Property Description
Completed in 2024, this fully furnished four-unit complex just blocks from Cal Poly University offers a rare investment opportunity. The property includes three 2-bedroom units and one 4-bedroom unit, for a total of 10 bedrooms with 13 current tenants. Each residence showcases high-end finishes, durable hard-surface flooring, two ¾ bathrooms, and in-unit laundry. Residents also enjoy thoughtful amenities, including a common picnic area, a secure bike storage room, and six covered onsite parking spaces. Designed for efficiency and low maintenance, the property features four large water heaters, owned solar panels servicing the house meter (for common areas), and separate electric and water meters for each unit. The building is fully leased until June of 2026. Ideally located near Cal Poly and Sierra Vista Hospital, this property sits in a highly desirable rental market with strong rents and a proven history of consistent occupancy.
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Additional Information
- Appliances
- Dishwasher
- Pool Description
- None
- Heat
- Central, Heat Pump
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $247,500
- Operating Expense
- 83880
Listing courtesy of Listing Agent: Erik Berg-Johansen (erik@richardsonproperties.com) from Listing Office: Richardson Sotheby's International Realty.
Listing sold by Andrew Richardson from Richardson Sotheby's International Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.