Listed price in listed location currency (USD).
$2,750,000

1040

MLS® SC26131654

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Mixed Use
Levels Residential
Size 4266 sqft
Garage 
Taxes 
Days Active 8
Lot Size 0.59 Acres
Approx. Age 1901
Avg. Price Per Sqft $644
MLS® Number SC26131654

Property Address: 452 Higuera St, San Luis Obispo, CA, 93401-3833

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberSC26131654
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1901
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Rooms

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
452 Higuera St, San Luis Obispo, CA

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