564 Higuera Street

San Luis Obispo, CA 93401

$2,525,000
Last Sold Price
22,215 / 0.51
Lot Size / Acres

Description

Rare and exciting development opportunity in Downtown San Luis Obispo. This ½ acre parcel, zoned Commercial Downtown, is entitled for 36 residential apartment units known as the Creamery Lofts. The property is ideally located behind the newly renovated Creamery Marketplace. Entitlement plan set, design development plan set, and an extensive due diligence package are available for qualified buyers to review. The property is within walking distance of Thursday night Farmer’s Market and the incredible...Rare and exciting development opportunity in Downtown San Luis Obispo. This ½ acre parcel, zoned Commercial Downtown, is entitled for 36 residential apartment units known as the Creamery Lofts. The property is ideally located behind the newly renovated Creamery Marketplace. Entitlement plan set, design development plan set, and an extensive due diligence package are available for qualified buyers to review. The property is within walking distance of Thursday night Farmer’s Market and the incredible assortment of Downtown shopping and restaurants. Properties like this rarely come available. You won’t want to miss this opportunity to own and develop a piece of history in Downtown San Luis Obispo.
  1. Listed by Chris Richardson • DRE #01200458 • Brokerage DRE #01465507 • Richardson Properties
  2. Listed by Kristen Gentry • DRE #01968754 • Brokerage DRE #01465507 • Richardson Properties

Property Details for 564 Higuera Street

View
City Lights, Mountain(s)
Lot Size Source
Assessor
Assessor Parcel Number
002402048
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Richardson Properties, Chris Richardson, DRE #01200458; Richardson Properties, Kristen Gentry, DRE #01968754

Sold By Abbott | Reed Inc., Aaryn Abbott, DRE #01878241

Add your commute
LISTING UPDATED: 08/29/2022 04:02 AM

Property Details for 564 Higuera Street

StatusClosed
MLS #PI21187753
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.51 AC
CountySan Luis Obispo County

Location

Listing Courtesy of Richardson Properties, Chris Richardson, DRE #01200458; Richardson Properties, Kristen Gentry, DRE #01968754

Sold By Abbott | Reed Inc., Aaryn Abbott, DRE #01878241

Add your commute

Building Information for 564 Higuera Street

Lot Size0.51 AC

Payment Calculator

$16,109 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,780

Property Taxes

$2,329

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 564 Higuera Street

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Exterior Features
  • View Description: City Lights
Distance To
  • Distance To Water: Street
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Level with Street, Flag Lot
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Maintained, Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)

Property History for 564 Higuera Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 564 Higuera Street

Taxable ValueLand$2,525,000Additions-Total$2,525,000
Tax Record2023$27,949 ($2,329 / month)
Home Facts
Stories1Lot Size22,216 SqFtStyleCommercialZoningCDCountySAN LUIS OBISPOAPN002-402-048

Schools near 564 Higuera Street

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Hawthorne Elementary School
PublicK to 6

Laguna Middle School
Public7 to 8

San Luis Obispo High School
Public9 to 12

Pacheco Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Richardson Properties, Chris Richardson, DRE #01200458; Richardson Properties, Kristen Gentry, DRE #01968754

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.