136 Cerro Court, San Luis Obispo, CA 93405 (MLS # SC26237209)
Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/5/2026 |
|---|---|---|---|
| TRACT | San Luis Obispo(380) | YEAR BUILT | 1999 |
| GARAGE SPACES | 2.0 | COUNTY | San Luis Obispo |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 7144 sq ft |
| LOT DIMENSIONS | 4,000-7,499 SF |
| PARKING | Garage |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | San Luis Obispo(380) |
| UTILITIES | Electricity Available, Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
TOTAL MONTHLY PAYMENT
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2026 San Diego MLS®, Inc.
Properties on this website was last updated as recently as 11/6/26 4:02 PM PST.
This IDX solution is (c) Diverse Solutions 2026.
| SATELLITE VIEW |
| / | |