452 Higuera Street
San Luis Obispo, CA 93401
10
Bed
4
Bath
4,266Sqft
25,700.40Sqft(Lot)
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 abso
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 4 Full Baths: 4 -
Interior Features
All Bedrooms UpLaundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Cooling: None
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Building Information
Year Built: 1901Stories: 1Pool Features: NonePrivate Pool: NoView: Neighborhood
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Lot Information
Main Square Feet: 0.59 Lot Size Acres: 0.59 Lot Size Source: Plans Lot Size Square Feet: 25,700 Lot Description: LevelProperty Information
Subdivision: San Luis Obispo(380) Source Property Type: Residential Property SubType: Mixed Use Levels: One Property Age: 125
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Listing Price Information
Listing Price: $2750000Cash, Cash to New Loan, 1031 Exchange
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Tax Information
Parcel Number: 002511017 Tax Lot: 31 Tax Block: 61
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Location Information
Direction: Near corner of Higuera & Carmel streets. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| O'connor Way, San Luis Obispo, CA, 93401 | $3,450,000 | 2 | 2 | 2,400 | 2,400 SqFt |
| 5475 Mira Estrella Court, San Luis Obispo, CA, 93401 | $3,825,000 | 4 | 4 | 4,404 | 4,404 SqFt |
| 2350 Camino Edna, San Luis Obispo, CA, 93401 | $3,610,000 | 4 | 4 | 4,336 | 4,336 SqFt |
| 6520 Mira Cielo, San Luis Obispo, CA, 93401 | $11,995,000 | 6 | 2 | 11,096 | 11,096 SqFt |
| 4545 Wavertree, San Luis Obispo, CA, 93401 | $1,350,000 | 4 | 3 | 2,091 | 2,091 SqFt |
| 1854 Sydney Street, San Luis Obispo, CA, 93401 | $3,185,000 | 5 | 8 | 5,351 | 5,351 SqFt |
| 2645 El Cerrito, San Luis Obispo, CA, 93401 | $2,839,000 | 6 | 4 | 4,244 | 4,244 SqFt |
| 1410 Noveno, San Luis Obispo, CA, 93401 | $1,449,000 | 3 | 3 | 1,917 | 1,917 SqFt |
| 3826 Sebright #1, San Luis Obispo, CA, 93401 | $937,000 | 3 | 2 | 1,673 | 1,673 SqFt |
| 1879 San Luis Drive, San Luis Obispo, CA, 93401 | $1,795,000 | 4 | 2 | 2,200 | 2,200 SqFt |
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ByOwner last updated this listing 08/13/2026 @ 06:14
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