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261 Loma Bonita Dr

San Luis Obispo, CA 93401

3 bd 2 ba 1,180 sqft Built 1980 Lot 1,180 sqft condos
Most recent sale
$650,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2024 Listed for rent $3,300 AppfolioUnits
Mar 18, 2023 Listed for rent $3,300 AppfolioUnits
Aug 18, 2022 Listed for rent $2,900 AppfolioUnits
Aug 1, 2022 Sold $650,000 MLS #PI22141538
Jul 1, 2022 Listed $650,000 MLS #PI22141538
Oct 24, 1997 Sold $124,000 Public Record
Mar 10, 1989 Sold $91,000 Public Record
Sep 16, 1988 Sold $91,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $286,110 $390,150 $676,260 $7,453
2024 $286,110 $390,150 $676,260 $7,327
2023 $275,000 $375,000 $650,000 $7,194
2022 $126,376 $60,170 $186,546 $1,900
2021 $123,899 $58,991 $182,890 $1,868
2020 $122,629 $58,387 $181,016 $1,848
2019 $120,225 $57,243 $177,468 $1,828
2018 $117,868 $56,121 $173,989 $1,791
2017 $115,557 $55,021 $170,578 $1,754
2016 $113,292 $53,943 $167,235 $1,718
2015 $111,591 $53,133 $164,724 $1,691
2014 $109,406 $52,093 $161,499 $1,551
2013 $108,912 $51,858 $160,770 $1,544
2012 $106,777 $50,842 $157,619 $1,512
2010 $103,902 $49,474 $153,376 $1,468
2009 $104,149 $49,592 $153,741 $1,471
2008 $102,107 $48,620 $150,727 $1,440
2007 $100,105 $47,667 $147,772 $1,410

Property facts

Year built
1980
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,180 sqft
Lot size
1,180 sqft
ZIP code
93401
City
San Luis Obispo
Street
Loma Bonita Dr
Coordinates
35.26099, -120.66565

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,776
Gross rental yield
6.97%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 261 Loma Bonita Dr last sell?
261 Loma Bonita Dr most recently sold on Aug 1, 2022 for $650,000.
What is the current tax assessment for 261 Loma Bonita Dr?
The most recent total assessment for 261 Loma Bonita Dr (year 2025) is $676,260 with $7,453 in property tax.
How does 261 Loma Bonita Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $650,000.
When was 261 Loma Bonita Dr built?
261 Loma Bonita Dr was built in 1980.
How does 261 Loma Bonita Dr compare to others on Loma Bonita Dr?
We track 7 other properties on Loma Bonita Dr. Browse the list under "Other properties on Loma Bonita Dr" to compare beds, baths, and sale history.
What are the property facts for 261 Loma Bonita Dr?
261 Loma Bonita Dr is a 3 bed, 2 bath, 1,180 sqft, 1,180 sqft lot condos.
Is 261 Loma Bonita Dr a flip candidate?
No — 261 Loma Bonita Dr does not appear in our flips dataset.
Is 261 Loma Bonita Dr a tax-appeal candidate?
No — 261 Loma Bonita Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-11.9%
Implied 1-yr
-47.5%
2026 Q3
$882.7K
2026 Q4
$882.7K
ZIP 93401 — Median Price History + Forecast

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