258 Albert Drive

San Luis Obispo, CA 93405

  • 4 Bed(s)
  • 1 Bath(s)
  • 1,400 Sqft
  • 15463.8
    Sqft(Lot)
$1,800,000

Description

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!

  • Property Type

    Residential

  • County

    San Luis Obispo

  • Style

    Ranch

  • AD ID

    49105839

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 1

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Exterior Property Features : Awning(s)
    • Interior Features: Built-in Features,Eat-in Kitchen,Living Room Deck Attached
    • Windows: Screens
    • Property Appliances: Dishwasher,Electric Oven,Electric Range,Refrigerator
    • Fireplace: Family Room
    • Flooring: Vinyl,Wood

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Family Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1953
    • Roof: Composition

    Exterior Features

    • Awning(s)

    Foundation

    • Raised

    Accessibility Features

    • Other,Accessible Doors

    Pool Features

    • None

    Laundry Features

    • Inside

    Patio And Porch

    • Deck

    Fencing

    • Chain Link,Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.355
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 15463.8

  • Listing Price Information

    • Original List Price: 1,800,000
    • Listing Contract Date: 2025-03-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 052321021

  • Garage and Parking

    • Garage Description: On Site,Permit Required,Garage Faces Side
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SLO - San Luis Obispo
    • Postal Code Plus 4: 1925
    • Directions: Grand towards Poly, left on McCollum, right on Albert
    • Source Property Type: Residential
    • Area: SLO - San Luis Obispo
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 72
    • Common Walls: No Common Walls
    • Property Condition: Turnkey
    • Structure Type: Single Family Residence
    • Year Built Source: Estimated
    • Total Square Feet Living: 1400
    • Entry Level: 1
    • Entry Location: Front
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: House
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BuyOwner last updated this listing 04/16/2025 @ 15:01

  • MLS: NS25066499
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is recently sold, it has 1,400 sqft, 15,464 sized lot, and 2 parking. are nearby neighborhoods.