136 Cerro CT, San Luis Obispo, CA 93405
136 Cerro CT, San Luis Obispo, CA 93405
136 Cerro CT, San Luis Obispo, CA 93405
136 Cerro CT, San Luis Obispo, CA 93405
136 Cerro CT, San Luis Obispo, CA 93405
136 Cerro CT, San Luis Obispo, CA 93405
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Jim Black

Jim Black

+1(925) 285-4898
Listed by Stacie Kenny, DRE #01494837 • Equity Union
$ 1,649,000
Est. payment | /mo

4 Beds

4 Baths

2,412 SqFt

Save
$ 1,649,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,412 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $683

MLS Listing ID CRSC26237209

Bedrooms 4

Full Baths 4

Year Built 1999

Lot Size 7,144 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

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 property's versatility and potential for multiple living arrangements. The property's 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 you're looking to expand your real estate portfolio, secure a proper

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Kitchen Dishwasher, Garbage Disposal, Other, Oven Range - Gas, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type Wood Burning

Laundry In Laundry Room

Exterior

Parking Features Garage, Other

Garage Spaces 2.0

Pool 31, None

View Hills

Roof Type Composition

Building

Story One Story

Water Heater - Gas, District - Public

Others

Tax ID 052312040

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

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Jim Black
Jim Black

Chief Lending Officer : Founder License ID: NMLS633511/1065732 DRE02089890

+1(925) 285-4898

www.meetjimblack.com

2571 S Main St., Ste D, Soquel, CA 95073, USA

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136 Cerro CT