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Chris Puntini

christopher.puntini@exprealty.com +1(858) 220-8405

$ 1,649,000

Est. payment | -/mo

4 Beds

4 Baths

2,412 SqFt

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$ 1,649,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,412 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $683

Subdivision San Luis Obispo(380)

MLS Listing ID SC26237209

Bedrooms 4

Full Baths 4

Year Built 1999

Lot Size 7,144 Sqft

Property Sub-Type Detached

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, 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 propertys versatility and potential for multiple living arrangements. The propertys 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 youre 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

Direction Foothill to Cerro Romauldo to Cerro Ct.

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range

Exterior

Parking Features Direct Garage Access, Garage

Garage Spaces 2.0

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

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Roof Type Composition

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 052312040

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

Listed by Stacie Kenny, DRE#01494837 Equity Union
Co-listed byNON LISTED OFFICE

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Chris Puntini

+1(858) 220-8405

christopher.puntini@exprealty.com

136 Cerro Court San Luis Obispo, CA 93405

Chris Puntini

Key Details

Location

Interior

Exterior

Building

Others

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136 Cerro Court