San Luis Obispo, CA93405
4 Bedrooms | 3 baths | 1578 sqft | MLS# SC26044311
Tract: San Luis Obispo(380)
Pending $1,215,000
Description
Located in the highly desirable Ferrini Heights neighborhood, this property presents an exceptional investment opportunity for those seeking student housing near Cal Poly, or as a primary home near top elementary schools and nearby ammenities! Directly next to the convenient Cal Poly bus stop and a stone's throw from campus, this 4-bedroom, 3-bathroom single-level home is currently leased through June 15, 2026 and offers immediate rental income and long-term potential. Key highlights include a spacious and open layout with wood flooring, a large primary suite with newer bathroom, an updated kitchen with stainless-steel appliances, a dedicated laundry room, and a 2-car attached garage providing ample storage. The property also boasts practical updates, including a brand-new sewer lateral and a 2014 remodel, ensuring low-maintenance ownership. The outdoor space is another standout feature, with a large redwood deck, grassy backyard, fruit trees, and garden beds. All of this is set against the stunning backdrop of Bishop Peak, offering breathtaking views that make every day feel special. With its prime location, modern updates, and established lease in place, this property could be a smart choice for investors looking to capitalize on the strong demand for student housing in San Luis Obispo!
Facts
Single Family Residence | Built in 1958 | Lot Size: 6950.00 sqft | HOA Dues: $0/month
Features
Open Floorplan
Listing provided by Tracy Ronca, Compass
Based on information from California Regional Multiple Listing Service, Inc. as of March 10, 2026. 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.