1981 Green Street
Cambria, CA 93428
1.25 acres | #SC24001286
Description
Seeking your next senior housing development project? Presenting an exceptional investment opportunity with this 1.25-acre multifamily-zoned property nestled in the picturesque town of Cambria. This 7 lot property owns the rights to 2 water meters within the Cambria Community Service District (CCSD) in the amount of 11.78 Equivalent Dwelling Units (EDUs), which could accommodate approximately 29 senior housing apartments. This site was previously approved by the San Luis Obispo County Planning Department and Board of Supervisors for a 31-unit / 41-bed RCFE Assisted Living - Memory Care facility of 28,000 square feet. All utilities are available at the property including water, sewer, natural gas, electrical power, telephone, and cable. Sale includes an extensive library of completed architectural, engineering, environmental, and geotechnical studies and compliance documents. Due to the high demand for more affordable housing in California, and the state mandating local municipalities to approve more construction projects, this lot is ripe with development potential!
Property Details
- ViewParkGreenbelt, Hills, TreesWoods
- Lot DescriptionZeroToOneUnitAcre
Measurements
- Acres1.25
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable
- Utility SourceSeeRemarks
Community and Neighborhood Details
- SubdivisionLodge Hill(430)
Location
- CountySan Luis Obispo
Financial Details
- Original List Price$1,300,000
Other
- MLS #SC24001286
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Owen Schwaegerle (#sl02040597)
Listing Office: Keller Williams Realty Central Coast (#SL1061)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
