Home | San Luis Obispo County | San Luis Obispo | 93405 | 135 Ferrini Rd
MLS: CRSC26142002 | Status: | Price: $4,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,100 | 2018 |
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.
| Field | Value |
|---|---|
| MLS # | CRSC26142002 |
| MLS Source | California Regional MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Garbage Disposal, Microwave, Dryer, Washer |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Combination, Raised, Slab |
| Style | Contemporary |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Common Parking Area, Off-Street Parking, Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Andrew Richardson
Central Coast Sotheby's International Realty
License #: 01872187
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 5 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Pacheco Elementary School | public | K-6 | 0.13 mi | 7 |
| Bishop's Peak Elementary School | public | K-6 | 0.66 mi | 9 |
| Teach Elementary School | public | 4-6 | 1.16 mi | 9 |
| San Luis Obispo High School | public | 9-12 | 1.56 mi | 10 |
| Peep - De'Groot - Prepare School | public | K-12 | 1.65 mi | N/A |
| San Luis Coastal Usd Adult | public | UG | 1.67 mi | N/A |
| Hawthorne Elementary School | public | K-6 | 1.84 mi | 6 |
| Smith (C. L.) Elementary School | public | K-6 | 2.44 mi | 7 |
| Laguna Middle School | public | 7-8 | 2.50 mi | 9 |
| Sinsheimer Elementary School | public | K-6 | 2.50 mi | 8 |
| Pacific Beach High School | public | 10-12 | 2.93 mi | 1 |
| San Luis Obispo County Juvenile Court | public | 6-12 | 3.12 mi | N/A |
| San Luis County Special Education School | public | K-12 | 4.72 mi | N/A |
| San Luis Obispo County Community School | public | 6-12 | 4.76 mi | 2 |
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This listing information is up-to-date as of July 08, 2026. For the most current information, please contact Andrew Richardson.