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$4,100,000
135 Ferrini Road, San Luis Obispo, CA 93405
Central Coast Sotheby's International Realty
MLS® SC26142002
9Beds
12Baths
0Days Listed
About This Property
Located just minutes from Cal Poly and downtown San Luis Obispo, 135 Ferrini Rd presents a rare opportunity to acquire a 5 unit fully leased, purpose-built student housing investment completed in 2018. The property is currently generating $24,775 in monthly gross income ($297,300 annually) and offers modern construction, efficient floor plans, and strong in-place cash flow. Ideally situated in one of San Luis Obispo's most desirable rental locations, the property provides convenient access to Cal Poly, downtown, shopping, restaurants, public transit, nearby parks, and some of the area's most popular outdoor recreation, including the Bishop Peak and Madonna Mountain trail systems. With its excellent location, strong income, and contemporary construction, this turnkey investment is well positioned in one of California's most supply-constrained rental markets.
Andrew RichardsonCentral Coast Sotheby's International Realty805-550-1151MLS® SC26142002
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 9
- Bathrooms
- 12
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 1
- Original Price
- $4,100,000
- MLS® Number
- SC26142002
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
San Luis Obispo Market Snapshot
147
Active Listings
$999K
Median Price
71
Avg Days on Market
Last updated: Jul 6, 2026
Explore San Luis Obispo
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$4,100,000