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135 Ferrini Road San Luis Obispo CA 93405US9 Bed, 12.00 Bath (12 Full Bath), SC26142002
135 Ferrini Road San Luis ObispoCA93405
4100000.0000 1/1/1900 12:00:00 AM
Central Coast Sotheby's International Realty
1 /

Courtesy of: Andrew Richardson, Central Coast Sotheby's International Realty, andrew@richardsonproperties.com

135 Ferrini Road
San Luis Obispo CA 93405 US

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1 /

Courtesy of: Andrew Richardson, Central Coast Sotheby's International Realty, andrew@richardsonproperties.com

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135 Ferrini Road
San Luis Obispo CA 93405 US

$4,100,000

Active Listing ID SC26142002
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9 bed
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12.00 Bath (12 Full)
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Lot: 0.19 Acres
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Apartment

$4,100,000

Active Listing ID SC26142002
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135 Ferrini Road 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.

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 12
  • Cooling System: Central Air
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Central

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 4100000
  • unparsedaddress: 135 Ferrini Road
  • postalcity: San Luis Obispo
  • stateorprovince: CA
  • country: US
  • postalcode: 93405
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.186
  • lotsizeunits: Acres
  • lotsizearea: 0.186
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Andrew Richardson
  • listagentemail: andrew@richardsonproperties.com
  • listagentkey: 3yd-MRMLSCA-SP01872187
  • listagentmlsid: SP01872187
  • listagentpreferredphone: (805) 781-6040
  • listofficekey: 3yd-MRMLSCA-SL836
  • listagentstatelicense: 01872187
  • listofficemlsid: SL836
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 2018
  • listingcontractdate: 2026-07-06
  • listagentfax: 8057812504
  • listagenturl: http://www.richardsonproperties.com
  • countyorparish: San Luis Obispo
  • parcelnumber: 052032047
  • appliances: Disposal, Microwave, Refrigerator, Dishwasher
  • cooling: Central Air
  • constructionmaterials: Stucco
  • flooring: Carpet, Vinyl
  • heating: Central
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 10
  • parkingfeatures: Driveway, Carport, Assigned, Off Street
  • roof: Composition
  • view: City, Hills
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Balcony, Living Room Balcony, Ceiling Fan(s), Storage
  • windowfeatures: Screens, Blinds, Double Pane Windows
  • architecturalstyle: Contemporary
  • rooms: Bedroom 6, Bedroom 1, Bathroom 10, Bathroom 4, Bedroom 7, Bathroom 8, Bedroom 5, Bathroom 1, Bathroom 6, Bathroom 5, Bedroom 8, Bedroom 3, Bonus Room, Bathroom 2, Bathroom 9, Bedroom 2, Bedroom 9, Bathroom 3, Bathroom 12, Bathroom 7, Bathroom 11, Bedroom 4, Laundry Room
  • otherstructures: Storage
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Richardson Properties, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"andrew@richardsonproperties.com", "ListBrokerageCity":"San Luis Obispo", "ListBrokerageCountry":"US", "ListBrokerageEmail":"charlie@richardsonproperties.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/95f27011052211e790740242ac110003k-c1612533763r.png", "ListBrokerageName":"Richardson Properties, Inc.", "ListBrokeragePhone":"(805) 781-6040", "ListBrokeragePostalCode":"93401", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"735 Tank Farm Road, Suite 130", "ListBrokerageWebsiteUrl":"http://www.richardsonproperties.com", "ListOfficeAddress1":"711 Tank Farm Rd #100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SL836", "ListOfficeCity":"San Luis Obispo", "ListOfficeCountry":"US", "ListOfficeEmail":"office@centralcoastsir.com", "ListOfficePostalCode":"93401", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"San Luis Obispo, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-07-17 08:47:28", "Neighborhoods":[{"Description":null, "Name":"San Luis Obispo(380)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/2/2026 2:20:45 PM GMT
Source Updated Date: 9/5/2026 6:54:38 PM GMT

Courtesy of: Andrew Richardson, Central Coast Sotheby's International Realty, andrew@richardsonproperties.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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