Sold
152 Ferrini Road
San Luis Obispo CA, 93405
$3,125,000
$206.37 per sqft
Sold
15,143 sqft
Residential
Built in 1961
Listed by Guy Torelli with Torelli Investment Realty 949-862-1000
Marketing Remarks: 25 units in San Luis Obispo adjacent to the Cal Poly campus and 1.5 miles from downtown SLO. Two houses and 19 two bedroom units with strong rental upside. 14 units are single story with front and rear doors. Gently sloping 43,200 square foot lot provides many units with mountain views. Parking for 43 cars with 30 carports. Separately metered for gas and electricity, and all units are on month-to-month tenancy. Only 5 units are students. 9.9 Times Gross on current rents, and 7.8 on market rents. Separately metered for gas and electricity.
SP1042745
MLSⓇ ID
April 4, 2014
Listed
March 18, 2024
Updated
Map
152 Ferrini Road
San Luis Obispo CA, 93405
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.99 Acres
Roof
Flat, Shingle
Other Property Details
Area Name
SLO - San Luis Obispo
Days on Market
103
Garage
No
Parking
Covered
View
No
County
San Luis Obispo
Pool
No
Buyer Agency Compensation
2%
Listing Contact: 949-862-1000
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Data last updated on 3/18/2024 at 7:19 PM UTC