258 Albert Drive
San Luis Obispo, CA 93405
- 4 beds
- 2 baths
- 1,400 sqft
- 15,463 sqft lot
- $1,285 per sqft
- 1953 build
- – on site
Prime investment opportunity only steps from Cal Poly. Unlock exceptional potential with this rare investment property, ideally situated just half a block from Cal Poly! This well-located residence offers immediate rental income and significant future development possibilities. Unbeatable Location. Enjoy the convenience of being mere steps from the vibrant Cal Poly campus, ensuring consistent tenant demand and premium rental rates. The existing residence is a comfortable and functional 4 bedroom, 2 bath home currently generating steady rental income. Junior ADU and ADU Potential. With over 1/3 acre lot, this property boasts ample lot space, presenting a fantastic opportunity to construct an Accessory Dwelling Unit (ADU). Capitalize on the high demand for student housing and increase your rental income significantly. San Luis Obispo's robust rental market, driven by Cuesta/Cal Poly's student population, ensures low vacancy rates and excellent returns. Within this desireable neighborhood, you can benefit from the property's proximity to campus amenities, shops, restaurants, and public transportation, making it highly attractive to students and renters alike. San Luis Obispo's real estate market continues to appreciate, making this property a sound long-term investment. Don't miss out on this exceptional opportunity to own a prime investment property in one of California's most desirable locations. Schedule a showing today and explore the endless possibilities this property has to offer!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 28, 2025
•
MLS# NS25066499 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:1953
-
Year Built Source:Estimated
-
New Construction:No
-
Total Number Of Units:1
-
Architectural Style:Ranch
-
Roof:Composition
-
Foundation:Raised
-
Structure Type:House
-
Exterior Features:Awning(s)
-
Stories Total:1
-
Entry Level:1
-
Patio And Porch Features:Deck
-
Patio:1
-
Accessibility Features:Doors - Swing In, Other
-
Common Walls:No Common Walls
Interior
-
Features:Built-in Features, Living Room Deck Attached
-
Levels:One
-
Entry Location:Front
-
Kitchen Features:Tile Counters
-
Eating Area:In Kitchen
-
Door Features:French Doors, Sliding Doors
-
Window Features:Screens
-
Flooring:Vinyl, Wood
-
Room Type:Family Room, Kitchen, Laundry, Sun
-
Living Area Units:Square Feet
-
Living Area Source:Estimated
-
Fireplace:Yes
-
Fireplace:Family Room
-
Laundry:Inside
-
Laundry:1
Room Dimensions
-
Living Area:1400.00
Location
-
Directions:Grand towards Poly, left on McCollum, right on Albert
-
Latitude:35.29517900
-
Longitude:-120.65585900
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Property Condition:Turnkey
-
Lot Features:Garden, Lot 10000-19999 Sqft, Near Public Transit, Yard
-
Lot Size Area:0.3550
-
Lot Size Acres:0.3550
-
Lot Size SqFt:15463.80
-
Lot Size Source:Assessor
-
View:1
-
View:Neighborhood
-
Fencing:Chain Link, Wood
-
Fence:Yes
-
Road Frontage:City Street
-
Road Surface Type:Paved
-
Additional Parcels:No
-
Other Structures:Outbuilding
-
Land Lease:No
-
Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Total Bedrooms:4
-
Main Level Bedrooms:4
Baths
-
Total Baths:2
-
Bathroom Features:Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower in Tub
-
Full & Three Quarter Baths:2
-
Main Level Baths:2
-
Full Baths:1
-
Three Quarter Baths:1
The Listing
-
Special Listing Conditions:Trust
-
Parcel Number:052321021
Heating & Cooling
-
Heating:1
-
Heating:Central
-
Cooling:No
-
Cooling:None
Utilities
-
Utilities:Electricity Available, Natural Gas Available, Sewer Available, Water Available
-
Sewer:Public Sewer
-
Electric:Electricity - Unknown
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Electric Oven, Electric Range, Refrigerator
-
Included:Yes
Schools
-
High School District:San Luis Coastal Unified
The Community
-
Subdivision:San Luis Obispo(380)
-
Subdivision:San Luis Obispo(380)
-
Features:Biking, Curbs, Street Lights, Suburban
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:Yes
-
Assessments:Unknown
Parking
-
Parking:Yes
-
Parking:Garage Faces Side, On Site, Permit Required
-
Parking Spaces:2.00
-
Attached Garage:Yes
-
Garage Spaces:2.00
Monthly cost estimate

Asking price
$1,800,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,638
|
Taxes | N/A |
Insurance | $495 |
Utilities | $180 See report |
Total | $10,313/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/26/25
Mar 26, 2025
|
Listed / Active | CRMLS_CA | $1,800,000 |