$1,215,000
Located in the highly desirable Ferrini Heights neighborhood, this property presents an exceptional investment opportunity for those seeking student housing near Cal Poly, or as a primary home near top elementary schools and nearby ammenities! Directly next to the convenient Cal Poly bus stop and a stone's throw from campus, this 4-bedroom, 3-bathroom single-level home is currently leased through June 15, 2026 and offers immediate rental income and long-term potential. Key highlights include a spacious and open layout with wood flooring, a large primary suite with newer bathroom, an updated kitchen with stainless-steel appliances, a dedicated laundry room, and a 2-car attached garage providing ample storage. The property also boasts practical updates, including a brand-new sewer lateral and a 2014 remodel, ensuring low-maintenance ownership. The outdoor space is another standout feature, with a large redwood deck, grassy backyard, fruit trees, and garden beds. All of this is set against the stunning backdrop of Bishop Peak, offering breathtaking views that make every day feel special. With its prime location, modern updates, and established lease in place, this property could be a smart choice for investors looking to capitalize on the strong demand for student housing in San Luis Obispo!
Click to interact with map
Listed by Tracy Ronca with Compass (805) 544-7000
Property Type
Single Family Residence
Status
Active
MLS Number
SC26044311
Year Built
1958
Lot Size
6,952 sq ft