1213 Murray, San Luis Obispo, CA 93405

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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.

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

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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.