452 Higuera Street, San Luis Obispo, CA 93401
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
452 Higuera Street,San Luis Obispo, CA 93401
$2,750,000
- 10 Beds
- 4 Baths
- 4,266 sq. ft.
- Single family
- Active
Listed by: farid shahid, walker sotello
Office: eighty20 group805-457-5781
MLS#:SC26131654
Source:CRMLS
Price summary
- Price:$2,750,000
- Price per sq. ft.:$644.63
About this home
An extraordinary development opportunity awaits in the heart of Downtown San Luis Obispo at 452 Higuera Street. This rare, creekside property spans two adjacent APNs and represents a premier acquisition for developers, contractors, and investors looking to capitalize on a highly prized location. While the site currently features four income-generating residential units (three 3-bedroom/1-bathroom homes and one 1-bedroom/1-bathroom home), the true value of this offering is in the land and its highest and best use as a high-density, mixed-use project. Zoned CR Retail Commercial and allowing for up to 36 density units per acre, the lot is perfectly positioned to support the City of SLO’s long-term initiative for urban infill housing. Future residents will enjoy a vibrant lifestyle in the absolute center of downtown, surrounded by thriving shops, offices, and restaurants. To fast-track your development plans, a professional feasibility study by RRM Design Group has already been completed, highlighting two lucrative pathways: a boutique 11-unit luxury for-sale townhome development, or a higher-density 20-unit condo or apartment complex. Opportunities in this tightly held downtown corridor are exceptionally rare—bring your vision to this premier location and shape the future of San Luis Obispo....
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Home facts
- Year built:1901
- Listing ID #:SC26131654
- Added:13 day(s) ago
- Updated:June 30, 2026 at 01:36 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Bedroom Description:All Bedrooms Up
- Living area:4,266 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1901
- Building area:4,266 sq. ft.
- Lot area:0.59 Acres
- Lot Features:Level with Street
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,750,000
- Price per sq. ft.:$644.63
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