136 Cerro Ct

San Luis Obispo, CA 93405
  • $1,649,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,412

    SqFt
  • 0.16

    Acre

About the Listing SC11831 - SL01494837

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 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.

Listing Highlights for 136 Cerro Ct

Status Active
Days on Site 0
Property Type Residential
MLS ® SC26237209
Year Built 1999
Total Square Footage 2,412
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces: Wood Burning
  • Floor:
  • Basement:
  • Other: Bedroom on Main Level,Main Level Primary
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Roof: Composition
  • Others: Repairs Cosmetic,Updated/Remodeled,2+ Total Units,Has ADU
  • Sewer: Public Sewer
  • Parking Features: Direct Access,Driveway,Garage Faces Front,Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 052312040
  • Tax Year: N/A

Payment Calculator

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Listing Location

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136 Cerro Ct San Luis Obispo, CA 93405

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Originating MLS: CRMLS

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