Skip To Content

1981 Green Street

Cambria, CA 93428
  • $1,300,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: SC24001286
UPDATED: 68 min ago
$1,300,000
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Owen Schwaegerle of Keller Williams Realty Central Coast (805-548-8686) and Camille Schwaegerle of ()


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!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T00:28:36.88. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Agent & Company. Licensed in the State of California, USA.
www.theagent.co/homes/146366059
Print Image

1981 Green Street Cambria, CA 93428

  • Price: $1,300,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 68 min ago
  • ID#: SC24001286
0
Beds
0
Baths
0
½ Baths
1.25
Acres
Neighborhood:
Lodge Hill(430)
County:
San Luis Obispo
Area:
CAMB - Cambria
Property 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!
Exterior Features

Lot Features 0-1 Unit/Acre Sign On Property YN Yes View Park/GreenbeltHillsTrees/Woods View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Mountainous Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer Available Water Source See Remarks Zoning RMF



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T00:28:36.88. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Agent & Company. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372262937-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372262937-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372262937-2.jpg
Logo
The Agent & Company
3505 E Chapman Ave #B
Orange CA, 92869
Listing Agent(s): Owen Schwaegerle of Keller Williams Realty Central Coast (805-548-8686) and Camille Schwaegerle of ()