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452 Higuera StreetSan Luis Obispo, CA 93401

Single Family · 10 Beds · 4 Full Baths · 4,266 Sq. ft. | 0.59 Acres
$2,750,000 Active

452 Higuera Street Overview

Time on Site:
13 days
Visits:
0

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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452 Higuera Street Facts & Features

  • Type Single Family
  • Sq. ft. 4,266
  • Price/Sq.ft. $645
  • Lot 0.59 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: San Luis Coastal Unified

Building Information

  • New Construction: No
  • Year Built: 1901

Location/Region

  • Country: US
  • County Or Parish: San Luis Obispo
  • MLS Area Major: SLO - San Luis Obispo
  • Postal City: SAN LUIS OBISPO
  • Subdivision Name: San Luis Obispo(380)

Community/Development

  • Community Features: Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,1031 Exchange
  • Parcel Number: 002511017
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 10

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Street
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: All Bedrooms Up
  • Laundry Features: None
  • Levels: One
  • Living Area: 4266.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 10
  • Stories: 1
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels Description: 002511016
  • Additional Parcels: Yes
  • Lot Features: Level
  • Lot Size Acres: 0.59
  • Lot Size Area: 0.59
  • Lot Size Source: Plans
  • Lot Size Square Feet: 25700.4
  • Lot Size Units: Acres
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No
    • Structure Type: Mixed Use

    General Information

    • Number Of Units Total: 4
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    452 Higuera Street Neighborhood

    Community

    93401 (San Luis Obispo) Demographics

    36
    Median Age
    411
    Population Density (per sq. mile)
    60%
    College Educated
    $78,788
    Estimated Median Income
    6,162
    Estimated Total Home Owners
    6,505
    Estimated Total Renters
    49% / 51%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    452 Higuera Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    452 Higuera Street Market Data

    Based on the last 30 days in this zip code

    $1,423,803
    Average List Price
    $747
    Average Price per Square Foot
    39
    Properties Sold
    72
    Average Days on Market
    221
    Properties for Sale
    Calculations provided by Reliance Network

    452 Higuera Street History

    Date Event Value Agent
    6/16/2026Source: CRMLS Added to Database
    June 16, 2026
    Listing provided courtesy of Eighty20 GroupFarid Shahid- MLS# SC26131654MLS ProviderContact Information: [email protected] - 805-457-5781