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Sold for $1,260,000
    • Listed by: Compass • Tracy Ronca • Contact: 805-441-6883
    Bought with: Compass
    $1,260,000

    504 Cuesta Dr, San Luis Obispo, CA 93405

    4beds
    1,578sqft
    Single Family Residence
    Built in 1958
    6,950 Square Feet Lot
    $1,219,000 Zestimate®
    $798/sqft
    $5,103 Estimated rent

    Home value

    $1,219,000

    $1.16M - $1.28M

    $5,103/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Ronca DRE #01745499 805-441-6883,

    Compass,

    Stephanie Ronca DRE #01970051 805-550-5344,

    Compass

    Bought with:

    Stephanie Ronca, DRE #01970051

    Compass

    Tracy Ronca, DRE #01745499

    Compass

    Source: CRMLS,MLS#: SC26044311MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Rooms
    • Room types: Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Multiple Primary Suites
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Separate Shower, Tub Shower
    Kitchen
    • Features: Kitchen/Family Room Combo
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Open Floorplan, Multiple Primary Suites, Primary Suite
    • Flooring: Carpet, Vinyl, Wood
    • Windows: Blinds, Drapes
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,578 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Deck, Wood
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: Hills, Mountain(s), Neighborhood
    Lot
    • Size: 6,950 Square Feet
    • Features: Lawn, Landscaped, Street Level
    Details
    • Parcel number: 052453003
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Suburban, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: San Luis Obispo(380)
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $798/sqft
    • Tax assessed value: $676,442
    • Date on market: 3/2/2026
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange
    • Inclusions: All appliances
    • Exclusions: Tenant belongings

    Price history

    DateEventPrice
    4/29/2026Listing removed$6,000$4/sqft
    Source: Zillow Rentals Report a problem
    4/20/2026Price change$6,000-9.1%$4/sqft
    Source: Zillow Rentals Report a problem
    4/8/2026Listed for rent$6,600$4/sqft
    Source: Zillow Rentals Report a problem
    3/20/2026Sold$1,260,000+3.7%$798/sqft
    Source: CRMLS #SC26044311 Report a problem
    3/10/2026Pending sale$1,215,000$770/sqft
    Source: CRMLS #SC26044311 Report a problem
    3/5/2026Contingent$1,215,000$770/sqft
    Source: CRMLS #SC26044311 Report a problem
    3/2/2026Listed for sale$1,215,000+124.4%$770/sqft
    Source: CRMLS #SC26044311 Report a problem
    2/19/2014Sold$541,500-1.5%$343/sqft
    Source: Public Record Report a problem
    1/14/2014Listed for sale$549,900+69.2%$348/sqft
    Source: The Real Estate Group of San Luis Obispo, Inc. #1040191 Report a problem
    12/15/2011Sold$325,000$206/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $676,442 +2%
    2025$7,310 +1.7%$663,180 +2%
    2024$7,185 +1.8%$650,178 +2%
    2023$7,056 +6.7%$637,430 +2%
    2022$6,613 +1.6%$624,932 +2%
    2021$6,508 +1%$612,679 +1%
    2020$6,441 +1%$606,397 +2%
    2019$6,375 +2%$594,508 +2%
    2018$6,250 +2%$582,852 +2%
    2017$6,127 +2%$571,425 +2%
    2016$6,007 $560,222 +1.5%
    2015$6,007 +79.7%$551,808 +65.7%
    2014$3,343 $333,004 +2.5%
    2012-- $325,000 +404.1%
    2011-- $64,467 +0.8%
    2010-- $63,986 -0.2%
    2009-- $64,139 +2%
    2008-- $62,882 +2%
    2007-- $61,650 +2%
    2006-- $60,442 +2%
    2005-- $59,258 +2%
    2004-- $58,097 +1.9%
    2003-- $57,033 +2%
    2002-- $55,916 +2%
    2001-- $54,821
    Find assessor info on the county website

    Neighborhood: 93405

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: San Luis Obispo

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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