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625 Toro Street, 5, San Luis Obispo, CA 93401

$875K3bd · 3ba · 1,178 sqft
Lot 1,272 sqft•HOA $335.41/mo•Condominium•
Active
•11d on market•MLS# SC-26213452

Property Description

Welcome to the Courtyards at Toro, conveniently located about a mile to Cal Poly University and two blocks to Downtown San Luis Obispo. This beautiful condo is nicely tucked away towards the back of the community just steps away from a pocket garden and picnic area exclusively for residents. This development was built from the ground up in 2019 with this unit being the first ever re-sale on the market. The property is two stories total with a seamless and spacious layout between the living room and the private patio. The ground floor features a two car garage, living room with glass slider to the outdoor private patio, half bathroom, spacious walk-in closet/pantry, open concept kitchen with quartz countertops and pendant light fixtures, and lots of windows for abundant natural light. On the top floor is a spacious laundry nook with side by side washer/dryer and upper cabinets, primary bedroom suite with oversized walk in closet and full bathroom, two additional bedrooms, and another full bathroom. The HOA fee is among one of the lowest in the area and the common area spaces are professionally kept and managed. With its unique location and amenities, this condo is perfect for someone who wants Downtown SLO living or for an investor who is seeking a rental property near the university.

Features & Amenities

FeeBuilt 2019

Property Details

Land Type
Fee
Year Built
2019
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Cooling
None
City
San Luis Obispo
Zip Code
93401
County
San Luis Obispo
Listed byEighty20 Group, Farid Shahid

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,424.48
Principal & Interest
Loan Amount
$700,000
Total Interest
$892,811
Total Payment Over 30 Years
$1,592,811
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

625 Toro Street, 5, San Luis Obispo, CA 93401

San Luis Obispo · Condominium

$875K
Affordable Tier
Beds
3
Baths
3
Sqft
1,178
Lot
1,272 sqft
Year
2019
$/Sqft
$743
Pool: No✓
Garage: 2-car✓

Listed 26.8% above the median closed sale of $690,000. Price per sqft ($743) is a 26% premium to closed comps ($588).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $875K· $743/sqft
Total list price
Closed comps
vs closed median $690K
+$185K (+26.8%)
Active comps
vs active median $749K
+$126K (+16.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $671
+$72 (+10.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
625 Toro StreetSan Luis Obispo2019331,1921,164$734$875,0001199
880 LawrenceSan Luis Obispo2014321,3091,375$557$729,0007389
3818 Hatchery LaneSan Luis Obispo2021221,3011,137$576$749,0008084
581 Higuera StreetSan Luis Obispo2025221,2590$949$1.20M8983
3594 Broad StreetSan Luis Obispo2007221,2001,200$541$649,00017380
Total: 5 · Average2.42.21,252.21,219$671.4$839,40085.2
Median1,259$749,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
803 BasilSan Luis Obispo201610/09/2026231,2451,882$729,000$714,000$5730.984790
945 MadonnaSan Luis Obispo202409/01/2026321,0711,071$699,000$690,000$6440.9910585
2475 VictoriaSan Luis Obispo202410/09/2026221,3681,427$699,000$689,000$5040.9917180
842 Alyssum CourtSan Luis Obispo198710/08/2026221,2471,247$895,000$872,000$6990.974879
2250 King CtSan Luis Obispo198009/03/2026221,2561,256$675,000$650,000$5180.9610378
Total: 5 · Average2.22.21,237.41,376.6$723,000$723,000$587.6—94.8
Median1,247$690,000$690,000

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.