258 Albert Drive
San Luis Obispo, CA 93405
1400 sqft | 4 beds | 1.75 baths | 0.36 acres | #NS25066499
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 Details
- Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
- InteriorBuiltInFeatures, EatInKitchen, LivingRoomDeckAttached
- Lot DescriptionGarden, NearPublicTransit, Yard
- School DistrictSan Luis Coastal Unified
- Property SubtypeSingleFamilyResidence
- SubdivisionSan Luis Obispo(380)
- CountySan Luis Obispo
- ViewNeighborhood
- Sewer InformationPublicSewer
- Original List Price$1,800,000
- MLS #NS25066499
- MLS #NS25066499
- Property TypePurchase
- Exterior MaterialsAwnings
- Cost1800000
- FoundationRaised
- Utility SourcePublic
- Acres0.355
- Structure TypeHouse
- Bathrooms1.75
- Square Feet1400
- Year Built1953
- Bedrooms4
- Full Baths1
- 3/4 Baths1
- Stories1
- Parking Spaces2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cody Wilcoxson (#PRWILCOXSO)
Listing Office: Oak & Roots Real Estate Group (#NS02176948)
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