625 Toro Street, 5, San Luis Obispo, CA 93401
625 Toro Street, 5, San Luis Obispo, CA 93401
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
San Luis Obispo · Condominium
Listed 26.8% above the median closed sale of $690,000. Price per sqft ($743) is a 14% premium to closed comps ($649).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 625 Toro Street | San Luis Obispo | 2019 | 3 | 3 | 1,192 | 1,164 | $734 | $875,000 | 5 | 99 |
| 880 Lawrence | San Luis Obispo | 2014 | 3 | 2 | 1,309 | 1,375 | $557 | $729,000 | 66 | 89 |
| 3818 Hatchery Lane | San Luis Obispo | 2021 | 2 | 2 | 1,301 | 1,137 | $576 | $749,000 | 73 | 84 |
| 581 Higuera Street | San Luis Obispo | 2025 | 2 | 2 | 1,259 | 0 | $949 | $1.20M | 83 | 83 |
| 3594 Broad Street | San Luis Obispo | 2007 | 2 | 2 | 1,200 | 1,200 | $541 | $649,000 | 167 | 80 |
| Total: 5 · Average | 2.4 | 2.2 | 1,252.2 | 1,219 | $671.4 | $839,400 | 78.8 | |||
| Median | 1,259 | $749,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 945 Madonna | San Luis Obispo | 2024 | 09/01/2026 | 3 | 2 | 1,071 | 1,071 | $699,000 | $690,000 | $644 | 0.99 | 105 | 85 |
| 2250 King Ct | San Luis Obispo | 1980 | 09/03/2026 | 2 | 2 | 1,256 | 1,256 | $675,000 | $650,000 | $518 | 0.96 | 103 | 79 |
| 937 Bluebell Way | San Luis Obispo | 1988 | 08/10/2026 | 2 | 2 | 1,250 | 1,250 | $920,000 | $920,000 | $736 | 1.00 | 34 | 78 |
| 4144 Poinsettia Street | San Luis Obispo | 1988 | 07/08/2026 | 2 | 2 | 1,250 | 1,250 | $849,000 | $850,000 | $680 | 1.00 | 47 | 78 |
| 955 Madonna | San Luis Obispo | 2024 | 09/23/2026 | 2 | 2 | 949 | 947 | $635,000 | $635,000 | $669 | 1.00 | 53 | 78 |
| Total: 5 · Average | 2.2 | 2.0 | 1,155.2 | 1,154.8 | $749,000 | $749,000 | $649.4 | — | 68.4 | ||||
| Median | 1,250 | $690,000 | $690,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.