135 Ferrini Road
Property Overview
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.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 2018
- Lot size
- 8,100 sq ft
- Parking
- 10 spaces
- Carport
- 10 spaces
- Stories
- 3
- Days on market
- 11
- MLS status
- Active
- Architectural style
- Contemporary
Features & Amenities
Interior
- Balcony
- Ceiling Fans
- Storage
Appliances
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Dryer
- Washer
Parking
- Assigned
- Concrete
- Carport
- Driveway
- On Site
- Off Street
Pool
- None
Lot
- Near Park
- Rectangular Lot
- Street Level
Security
- Carbon Monoxide Detectors
- Fire Sprinkler System
- Smoke Detectors
Community, Schools & Utilities
Community
- Subdivision
- San Luis Obispo(380)
- View
- CityLights,Hills,Mountains,Neighborhood
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 135 Ferrini Road
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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