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581 Higuera Street, 408, San Luis Obispo, CA 93401

$945K1bd · 1ba · 796 sqft
HOA $494/mo•Condominium•
Active
•25d on market•MLS# SC-26203320

Property Description

Welcome to Brickhouse at San Luis Square, centrally located in the heart of Downtown San Luis Obispo just steps from restaurants, shops, cafes, the weekly farmers market, and more. Brickhouse is a 29-unit condominium community offering single-level living with a thoughtful blend of comfort, quality, and modern convenience. Designed with ease of ownership in mind, Brickhouse is well suited for a primary residence, second home, or vacation retreat. With no yard to maintain and secure underground parking, owners can enjoy a true lock-and-leave lifestyle while staying connected to everything downtown San Luis Obispo has to offer. Homes feature well-designed floor plans ranging from open-concept and flex one-bedroom layouts to two-bedroom residences and penthouse suites, many with views of Cerro San Luis, Terrace Hill, and the downtown cityscape. Extra care was taken to maximize natural light and provide enhanced soundproofing between units and from exterior noise, creating a quiet and comfortable urban retreat. Interior finishes include luxury vinyl plank flooring, solid-core cabinetry, Silestone quartz countertops, GE Café appliances, and premium tiled showers. Homes also feature double-pane windows, walk-in closets, and pre-wiring for data and fiber internet. All residences offer substantial balconies, with select units featuring wraparound decks for expanded indoor-outdoor living. An elevator provides access to all levels, and secure on-site underground parking is included. Remaining residences currently available include Units 202 and 210, offering two bedrooms and two bathrooms, and Units 309, 406, and 408, featuring one-bedroom open-concept floor plans. All remaining residences are move-in ready. For more information, pricing, floor plans, or details on the remaining residences, reach out to us directly or stop by the sales office at 586 Higuera Street, Suite 200, open Thursday through Sunday from 12 to 4 PM or by appointment.

Features & Amenities

FeeBuilt 2025

Property Details

Land Type
Fee
Year Built
2025
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central, Heat Pump
Cooling
Central Air, ENERGY STAR Qualified Equipment, Heat Pump
View
City Lights, Hills, Mountain(s), Panoramic, Valley
Roof
Membrane
City
San Luis Obispo
Zip Code
93401
County
San Luis Obispo
Listed byUnknown Office, Farid Shahid

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,778.43
Principal & Interest
Loan Amount
$756,000
Total Interest
$964,236
Total Payment Over 30 Years
$1,720,236
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

581 Higuera Street, 408, San Luis Obispo, CA 93401

San Luis Obispo · Condominium

$945K
Affordable Tier
Beds
1
Baths
1
Sqft
796
Lot
0 sqft
Year
2025
$/Sqft
$1187
Pool: No✓
Spa: No✓
View: city✓
Garage: 1-car✓

Listed 48.8% above the median closed sale of $635,000. Price per sqft ($1,187) is a 54% premium to closed comps ($773). Expect a longer timeline — comps averaged 209 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $945K· $1,187/sqft
Total list price
Closed comps
vs closed median $635K
+$310K (+48.8%)
Active comps
vs active median $565K
+$380K (+67.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $681
+$506 (+74.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
581 Higuera StreetSan Luis Obispo2025118210$1,090$895,00025595
864 LawrenceSan Luis Obispo201421825890$685$565,00012685
1163 Laurel LaneSan Luis Obispo196321900900$500$450,0007074
1033 SouthwoodSan Luis Obispo198722966966$569$550,0007367
2230 ExpositionSan Luis Obispo1985221,0671,067$561$599,0002666
Total: 5 · Average1.81.4915.8955.75$681$611,800110
Median900$565,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
581 Higuera StreetSan Luis Obispo202505/06/2026118800$845,000$854,250$9711.0132194
581 Higuera StreetSan Luis Obispo202507/17/2026119250$848,150$854,400$9241.0127293
1075 Ella StreetSan Luis Obispo200706/12/202611835495$415,000$386,250$4630.9330388
1257 IrisSan Luis Obispo198408/20/202611748748$637,500$625,000$8360.989583
955 MadonnaSan Luis Obispo202409/23/202622949947$635,000$635,000$6691.005379
Total: 5 · Average1.21.2867.4730$670,980$670,980$772.6—208.8
Median880$635,000$635,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.