$2,200,000
 $11,810 est/mo Sourced by Back At You

124 128 Stenner,San Luis Obispo, CA 93405

San Luis Obispo, CA 93405

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Description

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.

Details

MLS #SC26171467
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1941
Days On Site13
Listing Provided ByBHGRE HAVEN PROPERTIES | Steve Ferrario

Features

SQ Feet2,334
Car PortYes
Story(s)1
Units4
Building(s)1
ZoningR4
Acreage0.14

Exterior

RoofComposition
Construction MaterialsStucco
Foundation DetailsRaised
Lot FeaturesFront Yard, Street Level
FencingWood

Parking

Parking FeaturesAttached Carport
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$2,200,000
low | high
Med:
$2,300,000
45.454545454545% of Average
sqft:
2,334
low | high
Med:
2,698
34.42587832048% of Average
$ / sqft:
$943
low | high
Med:
$863
58.409313652698% of Average
On site:
13
low | high
Med:
16.5
78.787878787879% of Average
Sourced by Back At You

Market Activity 93405

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Learn More About This Property

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO San Luis Obispo
Community NameSan Luis Obispo(380)
Listing VS Median (in San Luis Obispo(380))
Price:
$2,200,000
low | high
Med:
$2,300,000
45.454545454545% of Average
sqft:
2,334
low | high
Med:
2,698
34.42587832048% of Average
$ / sqft:
$943
low | high
Med:
$863
58.409313652698% of Average
On site:
13
low | high
Med:
16.5
78.787878787879% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 10:23:24 PM PDT