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581 Higuera Street 408 — San Luis Obispo — 1 Bed • 1 Bath • 796 Sq Ft | Belmont Brokerage

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$945,000

$1,187/ft²

1 beds|1 ba|796 sqft00|2025 Built|0 DOM

581 Higuera St 408, San Luis Obispo, CA 93401

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.

Listing provided by: Farid ShahidDRE #02025653805-457-5781 farid@eighty20.group, Eighty20 Group

MLS #: SC26203320

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$233K

+57.4% ROI

Rehab + Add$147K

Est. ARV$1395K

Est. Profit+$233K

Proj. ROI57%

Sqft to Add (Expansion / ADU)+200 sqft (996 total sf)

Remodel Rate (Existing Space)$140/sqft ($111K total)