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
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
Listing Contact: 949-862-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/18/2024 at 7:19 PM UTC