135 Ferrini RD, San Luis Obispo, CA 93405
135 Ferrini RD, San Luis Obispo, CA 93405
135 Ferrini RD, San Luis Obispo, CA 93405
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Andrew Richardson, DRE #01872187 • Central Coast Sotheby's International Realty
$3,950,000
Est. payment /mo
8,100 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSC26142002

Style Contemporary

Year Built 2018

Lot Size 8,100 Sqft

Source California Regional MLS

Property Description

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.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Kitchen Dishwasher, Garbage Disposal, Microwave, Refrigerator

Interior

Heating Central Forced Air

Cooling Central AC

Laundry In Closet, 30, Washer, Dryer

Exterior

Parking Features Assigned Spaces, Carport , Common Parking Area, Off-Street Parking, Other

Garage Spaces 10.0

Pool 31, None

View Hills, Local/Neighborhood, City Lights

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Raised, Combination, Concrete Slab

Water District - Public

Architectural Style Contemporary

Others

Tax ID 052032047

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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135 Ferrini RD

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