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!
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!
Current real estate data for Single Family in San Luis Obispo as of Apr 11, 2025
96
Single Family Listed
71
Avg DOM
851
Avg $ / SqFt
$2,015,334
Avg List Price
Property Details
Price:
$1,800,000
MLS #:
NS25066499
Status:
Pending
Beds:
4
Baths:
2
Type:
Single Family
Listed Date:
Mar 11, 2025
Finished Sq Ft:
1,400
Lot Size:
15,682 sqft / 0.36 acres (approx)
Schools
Interior
Accessibility Features
Doors – Swing In, Other
Appliances
Dishwasher, Electric Oven, Electric Range, Refrigerator
Cooling
None
Fireplace Features
Family Room
Flooring
Vinyl, Wood
Heating
Central
Interior Features
Built-in Features, Living Room Deck Attached
Window Features
Screens
Exterior
Community Features
Biking, Curbs, Street Lights, Suburban
Electric
Electricity – Unknown
Exterior Features
Awning(s)
Fencing
Chain Link, Wood
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
Garden, Lot 10000-19999 Sqft, Near Public Transit, Yard
Parking Features
Garage Faces Side, On Site, Permit Required
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Map
Contact Us
Mortgage Calculator
Community
- Address258 Albert Drive San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93405
Subdivisions in San Luis Obispo
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Property Summary
- Located in the San Luis Obispo(380) subdivision, 258 Albert Drive San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93405. It is listed for $1,800,000 and features 4 beds, 2 baths, and has approximately 1,400 square feet of living space.The current price per square foot is $1,286. The average price per square foot for Single Family listings in San Luis Obispo is $851. The average listing price for Single Family in San Luis Obispo is $2,015,334.
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Similar Listings Nearby
Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
More About Bunny
Courtesy of Oak & Roots Real Estate Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 258 Albert Drive
San Luis Obispo, CA
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