136 Cerro Court, San Luis Obispo, CA 93405
136 Cerro Court, San Luis Obispo, CA 93405
136 Cerro Court, San Luis Obispo, CA 93405
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Stacie Kenny • Equity Union
$1,649,000
Est. payment /mo
4 Beds
4 Baths
2,412 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $683

MLS Listing ID SC-26237209

Bedrooms 4

Full Baths 4

Year Built 1999

Lot Size 7,144 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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, the home offers a spacious, open floor plan with a generous living room and updated kitchen. Adding to its investment appeal is an 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 property with existing rental income, or invest in a home with future owner-occupancy and multigenerational living possibilities, 136 Cerro Court offers an attractive combination of location, versatility, and income potential.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Interior

Interior Features Kitchen Open to Family Room, Remodeled Kitchen

Heating Central

Cooling Central Air

Fireplaces Type Wood Burning

Laundry Individual Room

Exterior

Parking Features Direct Garage Access, Driveway

Garage Spaces 2.0

Pool None

Community Features Biking, Foothills, Hiking, Mountainous, Park

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected

View Y/N Yes

View Hills, Mountain(s)

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

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136 Cerro Court