Welcome to 1247 Murray Street, a 6-unit multifamily property ideally located in the heart of San Luis Obispo. Each unit offers 1 bedroom and 1 bathroom, making this an attractive and highly rentable property for students, healthcare professionals, and working individuals.
This turnkey investment is situated just minutes from Cal Poly University, Sierra Vista Regional Medical Center, and the vibrant downtown SLO corridor. Tenants will enjoy the convenience of nearby shops, restaurants, parks, and public transportation—adding to the strong rental demand in this sought-after area.
Whether you’re a seasoned investor or entering the multifamily market, 1247 Murray Street presents a rare opportunity to own a stable income-producing property in one of California’s most desirable coastal communities. Don’t miss your chance to own a multifamily gem in beautiful San Luis Obispo.
Pending
Listing Provided by:
Andrew Richardson DRE #01872187 andrew@richardsonproperties.com,
Richardson Sotheby's International Realty,
Charlie Richardson DRE #00416661 805-781-6040,
Richardson Sotheby's International Realty
$1,799,000
1247 Murray Ave, San Luis Obispo, CA 93405
--beds
--baths
3,525sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$1,817,100 Zestimate®
$510/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 57 |
- 2 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 09:44am
Listing Provided by:
Andrew Richardson DRE #01872187 andrew@richardsonproperties.com,
Richardson Sotheby's International Realty,
Charlie Richardson DRE #00416661 805-781-6040,
Richardson Sotheby's International Realty
Source: CRMLS,MLS#: SC25103615
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTravel times
Facts & features
Interior
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Disposal, Refrigerator, Water Heater
- Laundry: Common Area, Laundry Room
Features
- Balcony, Ceiling Fan(s), Multiple Staircases, Storage, Bedroom on Main Level
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,525
- Total interior livable area: 3,525 sqft
Property
Parking
- Parking features: Assigned, Asphalt, On Site, Paved
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: City Lights, Hills, Neighborhood
Lot
- Size: 6,450 Square Feet
- Features: Rectangular Lot, Street Level
Details
- Parcel number: 001041002
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asphalt
- Foundation: Slab
- Roof: Composition
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
- Security: Smoke Detector(s)
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $510/sqft
- Date on market: 5/12/2025
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Gas
- Road surface type: Paved
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