Cambria, CA 93428,1981 Green Street
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Cambria, CA 93428,1981 Green Street
Cambria, CA 93428,1981 Green Street
Cambria, CA 93428,1981 Green Street
Cambria, CA 93428,1981 Green Street
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Listed by Owen Schwaegerle • Keller Williams Realty Central Coast
$ 1,100,000
Est. payment /mo
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Active

1981 Green Street Cambria, CA 93428

54,450 SqFt


UPDATED:

11/01/2024 11:04 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 54,450 sqft

Price per Sqft $20

MLS Listing ID CRSC24001286

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Fireplace No

Exterior

View Greenbelt, Hills, Trees/Woods


Bay East AOR and Contra Costa AOR

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1981 Green Street