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564 Higuera St
San Luis Obispo, CA 93401
ARTISAN SLO APARTMENTS · Multifamily Property For Sale
·
36 Units
Investment Highlights
- IRREPLACEABLE DOWNTOWN SAN LUIS OBISPO LOCATION WITH DIRECT ACCESS TO THE CREAMERY MARKETPLACE
- NEWLY CONSTRUCTED LUXURY TROPHY ASSET ACHIEVING MARKET-LEADING RENTAL RATES
- HIGHLY EFFICIENT AND UNIQUE UNIT MIX WITH STRONG RESIDENT APPEAL
- EXCEPTIONAL SUPPLY-CONSTRAINED MARKET DYNAMICS
- OPPORTUNITY TO ENHANCE AMENITIES & INCREASE REVENUE POTENTIAL
- POTENTIAL STUDENT HOUSING REPOSITIONING OPPORTUNITY
Executive Summary
Cushman & Wakefield, Inc., as exclusive advisor, is pleased to present the opportunity to acquire The Artisan SLO, a newly built, 36-unit apartment community strategically positioned in the heart of Downtown San Luis Obispo, CA, one of California’s most supply-constrained and lifestyle-driven coastal rental markets. Located at 564 Higuera Street with direct pedestrian access to The Creamery Marketplace, the Artisan SLO offers an unmatched live-work-play experience surrounded by San Luis Obispo’s best dining, nightlife, retail, entertainment, and cultural amenities and access to California’s renowned Central Coast lifestyle.
Property Facts
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 36 | Building Size | 21,011 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2025 |
| Apartment Style | Low-Rise | Parking Ratio | 1.05/1,000 SF |
| Building Class | B | ||
| Zoning | CD | ||
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 21,011 SF |
| No. Stories | 5 |
| Year Built | 2025 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | CD |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Picnic Area
- Tenant Controlled HVAC
- Grill
- Package Service
- Pet Play Area
- Recycling
- Trash Pickup - Curbside
- Car Charging Station
- Elevator
- Online Services
- Pet Washing Station
- Key Fob Entry
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | $2,780 | 423 - 556 |
| 1+1 | 10 | $3,554 | 736 - 871 |
Property Taxes
| Parcel Number | 002-402-048 | Improvements Assessment | $4,250,000 |
| Land Assessment | $2,627,010 | Total Assessment | $6,877,010 |
Property Taxes
Parcel Number
002-402-048
Land Assessment
$2,627,010
Improvements Assessment
$4,250,000
Total Assessment
$6,877,010
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