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Listed by Erik Berg-Johansen • Richardson Sotheby's International Realty
$ 3,500,000
Est. payment /mo
Active Under Contract
1213 Murray San Luis Obispo, CA 93405
3,806 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,806 sqft
Price per Sqft $919
MLS Listing ID CRSC25228622
HOA Y/N No
Year Built 2024
Lot Size 6,600 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
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.
Location
State CA
County San Luis Obispo
Interior
Heating Heat Pump, Central
Cooling Central Air
Fireplace No
Laundry Inside
Building
Lot Description Other
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