124 Stenner , San Luis Obispo, CA 93405
$2,050,000
Est. Payment: $11,182.13/mo
6 Bed
1 Bath
2334 Sqft
0.14 Acres
Status: Active | Days on site: 43
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House 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.

Highlights

Listed by Steve Ferrario , 805-592-2050 BHGRE HAVEN PROPERTIES , 805-592-2050. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1941

County

San Luis Obispo

Area

SLO - San Luis Obispo

Neighborhood

San Luis Obispo(380)

Listing ID

SC26171467

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:1
Floor:Vinyl
Water:Public

Exterior Features

Lot:Front Yard,Street Level,No Land Lease
Garage Capacity:0
Zoning:R4
Roof:Composition
Others:
  • ▪ Additional:Stucco, 2+ Total Units
Sewer:Public Sewer
Parking Features:Attached Carport
Principal Interest
$11,182
Taxes
$1,307

Home Price

$2,050,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$410,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,182.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,182.13 $1,306.88 $0.00 $12,489.00
Yearly $134,185.56 $15,682.50 $0.00 $149,868.06
Total $4,025,566.69 $470,475.00 $0.00 $4,496,041.69

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Luis Obispo, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T05:14:44.000Z

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