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 o
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Checking…
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Last updated Mar 28, 2025
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MLS# CRNS25066499 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1953
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Building Area Units:Square Feet
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Architectural Style:Ranch
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Foundation Details:Raised
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Stories:1
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Levels:One Story
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Window Features:Screens
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Accessibility Features:Other
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Building Area Total:1400
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Building Area Source:Other
Interior
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Interior Features:Family Room
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Kitchen Features:Counter - Tile, Dishwasher, Electric Range/Cooktop, Refrigerator, Other
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Flooring:Vinyl
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Fireplace:true
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Fireplace Features:Family Room
Room Dimensions
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Living Area:1400
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Living Area Units:Square Feet
Location
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Directions:Grand towards Poly, left on McCollum, right on Alb
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Exterior Features:Garden
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Parcel Number:052321021
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Lot Features:Other
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Lot Size Area:0.355
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Lot Size Acres:0.355
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Lot Size SqFt:15463
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Lot Size Units:Acres
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View:Other
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View:true
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Fencing:Chain Link
Listing Agent
- Contact info:
- Agent phone:
- 8(057) 699-0770
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:1
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Partial Baths:1
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Bath Includes:Shower Over Tub
The Listing
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Listing Terms:Cash
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Virtual Tour URL Branded:https://258-albert-drive.oakrootsrealty.com/
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:Natural Gas Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
Schools
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High School District:San Luis Coastal Unified
The Community
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Association:false
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# of Units In Community:1
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:2
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Parking Features:Attached
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Covered Spaces:2
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 | BRIDGE | $1,800,000 |
