CA > Cambria > Lodge Hill(430)
Cambria, CA 93428,1981 Green ST
Cambria, CA 93428,1981 Green ST
Cambria, CA 93428,1981 Green ST
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$1,100,000
Est. payment /mo
1.25 Acres Lot
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UPDATED:

11/01/2024 03:47 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Lodge Hill(430)

MLS Listing ID SC24001286

HOA Y/N No

Lot Size 1.250 Acres

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!

Location

State CA

County San Luis Obispo

Area Camb - Cambria

Zoning RMF

Interior

Fireplace No

Exterior

Community Features Mountainous

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available

View Y/N Yes

View Park/Greenbelt, Hills, Trees/Woods

Building

Lot Description 0-1 Unit/Acre

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 024191056

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Owen Schwaegerle • Keller Williams Realty Central Coast • 805-215-5063

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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