504 Cuesta Drive, San Luis Obispo, CA 93405

• 4 beds |
• 3 baths |
• 1,578 sqft

Property Description

Located in the highly desirable Ferrini Heights neighborhood, this property presents an exceptional investment opportunity for those seeking student housing near Cal Poly, or as a primary home near top elementary schools and nearby ammenities! Directly next to the convenient Cal Poly bus stop and a stone's throw from campus, this 4-bedroom, 3-bathroom single-level home is currently leased through June 15, 2026 and offers immediate rental income and long-term potential. Key highlights include a spacious and open layout with wood flooring, a large primary suite with newer bathroom, an updated kitchen with stainless-steel appliances, a dedicated laundry room, and a 2-car attached garage providing ample storage. The property also boasts practical updates, including a brand-new sewer lateral and a 2014 remodel, ensuring low-maintenance ownership. The outdoor space is another standout feature, with a large redwood deck, grassy backyard, fruit trees, and garden beds. All of this is set against the stunning backdrop of Bishop Peak, offering breathtaking views that make every day feel special. With its prime location, modern updates, and established lease in place, this property could be a smart choice for investors looking to capitalize on the strong demand for student housing in San Luis Obispo!

Listing Status:

Active

Date Added:

March 2, 2026

Data Last Updated:

March 5, 2026 at 1:17PM

Listing Office:

Compass : 805-544-7000

Listing Agent:

Tracy Ronca : 805-441-6883

MLS ID:

SC26044311

Interior

• General: Open FloorplanMultiple Primary SuitesPrimary Suite
• Appliances: DishwasherGas RangeMicrowaveRefrigeratorRange HoodDryerWasher
• Laundry: Laundry Room
• Flooring: CarpetVinylWood
• A/C: None
• Heating: Forced Air
• Fireplace: None

Exterior

• General: None
• Other Structures: WoodDeck
• Pool: None
• Parking: DrivewayGarageParking spaces: 2

Construction

• Roofing: Composition
• Windows: BlindsDrapes
• General: Stucco1Raised

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• School District: San Luis Coastal Unified
• County: San Luis Obispo

Lot

• Zoning: 052453003
• View: HillsMountain(s)NeighborhoodView
• Fencing: Average Condition

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM
• Exclusions: Tenant belongings