714-745-2708

452 Higuera Street, San Luis Obispo, CA 93401

$2,750,000 Approx. USD 10 beds, 4 baths
4,266 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Farid Shahid | farid@eighty20.group
Lic#: 02025653
Broker: Courtesy of Eighty20 Group
Phone: 805-457-5781

Co Listing Agent

Walker Sotello | walker@eighty20.group
Lic#: 02054410
Broker: Courtesy of Eighty20 Group

Agent Remarks

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.

Listing Details

Property type: Mixed Use (Single Family)

Status: Active

MLS# SC26131654

Price: $2,750,000

HOA Fee is $0.00

Beds: 10

Baths: 4 (4 full)

None fireplaces

Built in 1901

4,266 sqft

1 story

0.59 acres

Lot size: 0.5900

Subdivision: San Luis Obispo(380)

County: San Luis Obispo

Interior features: All Bedrooms Up

Lot description: Level

Heating/cooling: None

Heating description: Wall Furnace

MLS area: SLO - San Luis Obispo

Last Updated: 6/18/2026

Days On Market (DOM): 104

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This listing belongs to the SLO - San Luis Obispo MLS area

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Lat/Long: 35.276337, -120.668936.
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