135 Ferrini Rd

San Luis Obispo, CA 93405
  • $4,100,000

    Price
  • 9

    Bed
  • 12

    Bath
  • 7,524

    SqFt

About the Listing SL836 - SP01872187

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.

Listing Highlights

Status Active
Days on Site 55
Property Type Multi-Family
MLS ® SC26142002
Year Built 2018
Total Square Footage 7,524
Lot/Acreage 0.19

Interior Details

  • Bedrooms: 9
  • Bathrooms: 12 Full
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Balcony,Ceiling Fan(s),Storage
  • Water: Public

Exterior Details

  • Lot Description: Near Park,Rectangular Lot,Street Level,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Roof: Composition
  • Others: Turnkey,Stucco,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Concrete,Carport,Driveway,On Site,Off Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 052032047
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

135 Ferrini Rd San Luis Obispo, CA 93405

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CRMLS

Agent profile image in chat bubble
Agent profile image in chat header

Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

Agent profile image in message

or another way