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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.
Property Type(s):
Residential Income
| Last Updated | 8/17/2026 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1941 | Community | SLO - San Luis Obispo |
| County | San Luis Obispo |
Additional Details
| AREA | SLO - San Luis Obispo |
|---|---|
| CONSTRUCTION | Stucco |
| LOT | 5998 sq ft |
| LOT DESCRIPTION | Front Yard |
| LOT DIMENSIONS | 6000 |
| PARKING | Attached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| SUBDIVISION | San Luis Obispo(380) |
| WATER | Public |
Location
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Listed with BHGRE HAVEN PROPERTIES
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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