San Luis Obispo, CA 93405 1247 Murray Avenue
$1,799,000
Pending
32 more
Presented By: Andrew Richardson with Richardson Sotheby's International Realty; andrew@richardsonproperties.com
Beds • 6
Baths • 6
SQFT • 3,525
Year Built • 1973
Home Details
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.
Presented By: Andrew Richardson with Richardson Sotheby's International Realty; andrew@richardsonproperties.com
Interior Features for 1247 Murray Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesBalcony, CeilingFans, MultipleStaircases, Storage, BedroomOnMainLevel
Laundry FeaturesCommonArea, LaundryRoom
Total Stories3
Other Rooms
Entry Level1
General for 1247 Murray Avenue
Additional Parcels Y/NNo
AppliancesElectricCooktop, Disposal, Refrigerator, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySan Luis Obispo
Community FeaturesBiking, Curbs, Park, StormDrains, StreetLights, Sidewalks
Construction MaterialsAsphalt
CoolingCentralAir
CountySan Luis Obispo
DirectionsSanta Rosa Street, turn right onto Murray, property is on the right
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income93576.0
HOANo
HOA Fee$0.0
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, Conventional
Lot Size Square Feet6450.0
Lot Size UnitsSquareFeet
MLS AreaSLO - San Luis Obispo
MobileHomeRemainsYNNo
Net Operating Income93576.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased6
Operating Expense40155.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionRepairsCosmetic
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Subdivision NameSan Luis Obispo(380)
Tax Lot18
Tenant PaysCableTv, Electricity, Gas
Trash Expense0.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewCityLights, Hills, Neighborhood
Water Sewer Expense0.0
Year Built1973
Year Built SourceAssessor
ZoningR3
Exterior for 1247 Murray Avenue
Building Area Total3525.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, StreetLevel
Lot Size Acres0.1481
Lot Size Area6450.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Asphalt, OnSite, Paved
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
