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  • 452 Higuera Street

452 Higuera Street, San Luis Obispo, CA 93401

$2,750,000 Approx. USD 10 beds, 4 baths
4,266 sqft
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Photo of Joe Lupariello

Joe Lupariello REALTOR® - Sales Associate 310-601-0699 m
310-601-0699 o
Lic#: 01942633
NRDS ID: 207060413
Joe@joesellsla.com Text Me
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Lic#: 01942633
NRDS ID: 207060413
Joe@joesellsla.com Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
 Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Fax: 310-858-1295
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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): 51

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Joe Lupariello

Joe Lupariello REALTOR® - Sales Associate 310-601-0699 m
310-601-0699 o
Lic#: 01942633
NRDS ID: 207060413
Joe@joesellsla.com Text Me
Call My Cell
Call My Office
Lic#: 01942633
NRDS ID: 207060413
Joe@joesellsla.com
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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