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!
MLS #
CRSC24001286
MLS Source
California Regional MLS
Days on Site
324
Water
Other
HOA Fee
$0
Zoning
D0
Listing Agent
Owen Schwaegerle
Keller Williams Realty Central Coast
License #: 02040597
Phone: –
Co-Listing Agent
Camille Schwaegerle
Keller Williams Realty Central Coast
License #: 02107467
Phone: (805) 215-5073
1981 Green St is in Cambria, CA 93428. This Land is currently priced at $1,100,000.
This address can also be written as 1981 Green St, Cambria, CA 93428.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 01, 2024. For the most current information, please contact Owen Schwaegerle