Home | San Luis Obispo County | San Luis Obispo | 93405 | 136 Cerro Ct
MLS: CRSC26237209 | Status: Active | Price: $1,649,000
Beds/Baths: 4 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 4 | 4 | 2,412 | 7,144 | 1999 |
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, PLUS an additional ADU, the home offers a spacious, open floor plan with a generous living room and updated kitchen. Adding to its investment appeal is the 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 proper
| Field | Value |
|---|---|
| MLS # | CRSC26237209 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom, Primary Suite/Retreat |
| Kitchen | Other |
| Appliances | Dishwasher, Garbage Disposal, Other, Oven - Gas, Oven Range - Gas |
| Fireplace | Wood Burning |
| Laundry | In Laundry Room |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Other, Garage: 2 Car(s) |
| Elementary District | San Luis Coastal Unified |
| High School District | San Luis Coastal Unified |
| HOA Fee | $0 |
Stacie Kenny
Equity Union
License #: 01494837
Phone: (805) 550-2405
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Bishop's Peak Elementary School | public | K-6 | 0.18 mi | 9 |
| Pacheco Elementary School | public | K-6 | 0.59 mi | 7 |
| Teach Elementary School | public | 4-6 | 1.82 mi | 9 |
| San Luis Obispo High School | public | 9-12 | 2.16 mi | 10 |
| Hawthorne Elementary School | public | K-6 | 2.21 mi | 6 |
| Peep - De'Groot - Prepare School | public | K-12 | 2.23 mi | N/A |
| Laguna Middle School | public | 7-8 | 2.24 mi | 9 |
| San Luis Coastal Usd Adult | public | UG | 2.25 mi | N/A |
| Smith (C. L.) Elementary School | public | K-6 | 2.30 mi | 7 |
| San Luis Obispo County Juvenile Court | public | 6-12 | 2.61 mi | N/A |
| Pacific Beach High School | public | 10-12 | 2.84 mi | 1 |
| Sinsheimer Elementary School | public | K-6 | 2.99 mi | 8 |
| San Luis County Special Education School | public | K-12 | 4.19 mi | N/A |
| San Luis Obispo County Community School | public | 6-12 | 4.27 mi | 2 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 52 Oconnor | $1,575,000 | 6 | 3 | 2,008 | PendingDoNotShow |
| 895 Lincoln St | $1,395,000 | 5 | 2 | 1,480 | PendingDoNotShow |
| 957 Skyline Dr | $1,650,000 | 4 | 2 | 1,830 | Active |
| 1690 San Luis | $1,950,000 | 5 | 2/1 | 2,491 | Active |
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 06, 2026. For the most current information, please contact Stacie Kenny, (805) 550-2405.