204 N Chorro St, San Luis Obispo, CA, 93405
About This Home
College Garden Apartments is a 35-unit multifamily community located at 204, 228, 256, and 284 North Chorro Street within San Luis Obispo's established student housing corridor. Situated just 0.8 miles from Cal Poly and easily accessed via Foothill Boulevard, the property offers students a convenient commute in a highly walkable area surrounded by dining, coffee shops, fitness centers, and other off-campus housing. The unit mix includes one- and two-bedroom layouts, featuring 18 standard apartments and 7 two-bedroom bungalow-style units. Approximately 35 private garage spaces, roughly one per tenant, provide rare storage and privacy for student housing. Additional features include on-site laundry and an unused on-site manager space, offering future operational flexibility.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1953
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Interior Area
- Total interior livable area: 26,672 sqft
Property
Details
- Parcel number: 052332023
- Zoning: R-3
Lot
- Lot size: 1.43 Acres
- Features: Near Public Transit
Parking
- Total spaces: 35
- Parking features: Garage
- Attached garage spaces: 35
- Covered spaces: 35
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Luis Obispo County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $74,584 | $895,008 |
| Home Insurance * | $2,161 | $25,932 |
| Property Taxes | $7,866 | $94,392 |
| Electricity | $5,719 | $68,633 |
| Total | $90,330 | $1,083,960 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-22 | Listed for sale | $14,750,000 |
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