0
0 Beds
0 Baths
1.40 Acres
0 ft2

Green Cambria, CA

$850,000

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Property Description

FANTASTIC INVESTMENT/DEVELOPMENT OPPORTUNITY IN RESIDENTIAL CAMBRIA! This-3 parcel, approximately 1.4 acre property is zoned for multi-family residential use. Located at the base of Lodge Hill on the southeast boundary of Cambria, this is an ideal location for a multiple-unit project.

Plans under review at the county for two 6-unit low income projects. Number 1 position for 12 Low income EDU’s included in the package. Low income projects are exempt from the Counties Growth Management ordinance.

Seller may consider sale of one of the two parcels. Seller may consider carrying a portion of sales price as a loan. Number 3 on CCSD market rate Multi-family list. Retrofit fees paid to the CCSD may transfer to this project.

Most of the heavy lifting with San Luis Obispo County etc has already been done. Purchase now to see the project through completion, or purchase now as a long term investment opportunity for a later date. Either way, this is a rare property with great potential in North SLO County!
***PLEASE ONLY INQUIRIES FROM SERIOUS BUYERS.***

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Property Information

  • Address: Green, Cambria, CA 93428. 
  • Price: $850,000 
  • Acres: 1.40 
  • MLS #: SP20158440 
  • Listing Courtesy of: Living West Realty, Inc 
  • City: Cambria 
  • Postal Code: 93428 
  • County: San Luis Obispo 
  • Property Square Footage: 60984.00 

Neighborhood Information

  • Neighborhood: Other (OTHR) 

Amenities

  • View: Hills 

Other

  • Description: FANTASTIC INVESTMENT/DEVELOPMENT OPPORTUNITY IN RESIDENTIAL CAMBRIA! This-3 parcel, approximately 1.4 acre property is zoned for multi-family residential use. Located at the base of Lodge Hill on the southeast boundary of Cambria, this is an ideal location for a multiple-unit project.

    Plans under review at the county for two 6-unit low income projects. Number 1 position for 12 Low income EDU’s included in the package. Low income projects are exempt from the Counties Growth Management ordinance.

    Seller may consider sale of one of the two parcels. Seller may consider carrying a portion of sales price as a loan. Number 3 on CCSD market rate Multi-family list. Retrofit fees paid to the CCSD may transfer to this project.

    Most of the heavy lifting with San Luis Obispo County etc has already been done. Purchase now to see the project through completion, or purchase now as a long term investment opportunity for a later date. Either way, this is a rare property with great potential in North SLO County!
    ***PLEASE ONLY INQUIRIES FROM SERIOUS BUYERS.*** 
  • List Date: August 17, 2020 
  • Status: Active 
  • Directions: North on HWY 1 toward Cambria, Left (West) on Ardath Dr., Left on Green St., Property on right, marked by Sign 

Other

  • Listing Agent State License: 01380107 
  • Listing Office State License: 01850441 

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Based on information from California Regional Multiple Listing Service, Inc. as of June 25th, 2021 at 06:42:53AM UTC. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.