Property listed by Eighty20 Group, Farid Shahid 818-961-6508
452 Higuera Street
San Luis Obispo, CA 93401
Beds
10
Baths
4
Square Ft.
4,266
$2,750,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
58
Last Updated
Property Type
MixedUse
Beds
10
Full Baths
4
Square Ft.
4,266
Lot Size
0.59 Acres
Year Built
1901
MLS Number
SC26131654
Additional Details
Building
Built in 1901, Living area: 4266.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: Street
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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