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124 128 Stenner

San Luis Obispo, CA 93405
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Bed 6

Bed

Bath 1

Bath

SqFt6,000

Sqft(Lot)

124/128 Stenner st. offers an amazing opportunity to own a 4 unit complex located in a highly desirable college district walking district to Cal Poly. The property consists of a front 2-bedroom, 1-bath home, along with three upstairs units: two spacious studio apartments and a large 2-bedroom, 2-bath unit featuring two private decks. The property has recently been refreshed with new interior paint and vinyl plank flooring throughout. The front deck of the main house has been completely rebuilt, along with the exterior stairway providing access to the upstairs units. Each unit is separately metered for electricity and gas, while water is provided through a master meter. The property also features a large carport with ample off-street parking to accommodate residents. There may also be potential to explore converting a portion of the existing carport area into additional living space, subject to applicable zoning, permitting, and city requirements. Properties like this rarely become available. This is an excellent opportunity to own a centrally located, four-unit property with established college-rental potential and a proven rental history, just minutes from Cal Poly and all that San Luis Obispo has to offer. The past rental cycle from 7/1/25-6/25/26 property was leased at $13k/mo.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,200,000

AD Id : 89632753

MLS Id : SC26171467

Beds : 6

Lot Size : 6,000 Sqft

Year Built : 1941

County : San Luis Obispo

Subdivision: Grapeland

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Feature Features

  • Interior Features

    Roof: Composition
    Laundry Features: GasDryerHookup, Inside, InCarport

  • Building Information

    Year Built: 1941
    Building Area Total: 2334
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6000 Lot Size Acres: 0.1377 Lot Size Source: Assessor Lot Size Square Feet: 6,000 Lot Description: FrontYard,StreetLevel

    Property Information

    Subdivision: San Luis Obispo(380) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: One,Two Property Age: 85

  • Listing Price Information

    Listing Price: $2200000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 052193003 Tax Lot: 2

  • Location Information

    Direction: Santa Rosa to Murray Ave to Stenner St WaterSource: Public
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ByOwner last updated this listing 08/20/2026 @ 00:43

MLS: SC26171467 LISTED BY: Steve Ferrario, BHGRE HAVEN PROPERTIES 805-592-2050 SOURCE: CRMLS

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