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Listed by Central Coast Sotheby's International Realty, Andrew Richardson, Listing Contact: [email protected]

$3,950,000

135 Ferrini RD, San Luis Obispo CA, 93405

Price per sqftN/A
Built in2018
Property typeMulti-family

Overview

Active

Listed Jul 6, 2026

Updated 3 days ago

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.

$26,279/mo

Est. mortgage payment based on a $3,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSC26142002

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Also listed on CRMLS

MLS provider logo

Listed by Central Coast Sotheby's International Realty, Andrew Richardson DRE:01872187,
Listing Contact: [email protected] 

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Data last updated 8:35 PM UTC, 9/18/2026

 

 

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