136 Cerro Court, San Luis Obispo, CA 93405

$1,649,000
4
BD
4
BA
2,412
SqFt

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List Price
$1,649,000
Status
ACTIVE
MLS#
SC26237209
Year Built
1999
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,412
Lot Size
7,144
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
21
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
San Luis Obispo(380)

Property Description

Prime San Luis Obispo Investment Opportunity Near Cal Poly. Positioned at the end of a quiet cul-de-sac in a highly desirable San Luis Obispo location, 136 Cerro Court presents an exceptional opportunity for investors seeking an income-producing property, or flexible living options for buyers envisioning their future home. Leased through July 2027, this versatile property offers immediate rental income, an established tenancy, and long-term investment potential. Featuring four bedrooms and four bathrooms, the home offers a spacious, open floor plan with a generous living room and updated kitchen. Adding to its investment appeal is an attached ADU featuring a private entrance, kitchen, and bathroom, providing additional rental flexibility. A downstairs room with its own private entrance and bathroom further enhances the property’s versatility and potential for multiple living arrangements. The property’s location is another standout feature, offering convenient proximity to Cal Poly, Bishop Peak trailhead, and Ferrini Ranch open space. Outside, a cozy backyard with mature fruit trees and beautiful mountain views provides an inviting setting for tenants and future homeowners alike. Whether you’re looking to expand your real estate portfolio, secure a property with existing rental income, or invest in a home with future owner-occupancy and multigenerational living possibilities, 136 Cerro Court offers an attractive combination of location, versatility, and income​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ potential.

Additional Information

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
Pool Description
None
Fireplace Description
Wood Burning
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Hills, Mountain(s)
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
San Luis Coastal Unified
Interior Features
Bedroom on Main Level, Main Level Primary
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Stacie Kenny (staciekenny.slo@gmail.com) from Listing Office: Equity Union.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.