$1,700,000
$1,799,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
6,451 Sqft Lot
SOLD DATE : 06/30/2025
Key Details
Sold Price $1,700,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC25103615
Sold Date 06/30/25
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1973
Lot Size 6,451 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R3
Interior
Interior Features Balcony, Ceiling Fan(s), Multiple Staircases, Storage, Bedroom on Main Level
Heating Forced Air
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Electric Cooktop, Disposal, Refrigerator, Water Heater
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Asphalt, On Site, Paved
Fence Wood
Pool None
Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Hills, Neighborhood
Roof Type Composition
Private Pool No
Building
Lot Description Rectangular Lot, Street Level
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 001041002
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Andrew Richardson Richardson Sotheby's International Realty
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