646 Grande Ave 095579002 Nipomo CA 93444 MLS #SC24014963

alt=”646 Grande Ave 095579002 [0]” >

alt=”646 Grande Ave 095579002 [1]” >

alt=”646 Grande Ave 095579002 [2]” >

alt=”646 Grande Ave 095579002 [3]” >

alt=”646 Grande Ave 095579002 [4]” >

alt=”646 Grande Ave 095579002 [5]” >

A DEVELOPERS DREAM WITH CURRENT CASHFLOW! An approximately 4.3 acre, multi-family parcel adjacent to the Nipomo shopping corridor and recently completed Grocery Outlet Bargain Market shopping center. Owner is currently in process of securing entitlements to allow for a subdivided development. Owner is pursuing 54-58 duet units as shown in the photos. A 3/2 2000sf SFH sits on the property with long-term tenants that more than covers holding costs. SFH is on city water, has septic, and power connected. Seller has secured an Intent To Serve from the Nipomo CSD for up to 112 units but this will be reduced with the current duet plan. Seller would consider carrying a first-trust deed note, terms to be negotiated. Don’t miss the rare opportunity to acquire high-density residential land in the heart of Nipomo!

Property Details

Interior

Exterior

Community Features

Suburban

Fencing

Wire, Wood

Lot Features

6-10 Units/ Acre, 11-15 Units/ Acre, 16-20 Units/ Acre, 21-25 Units/ Acre, Lot Over 40000 Sqft, Near Public Transit, Secluded, Value In Land, Yard

Sewer

Conventional Septic

View

Hills, Mountain(s)

Water Source

Public

Financial

Association Fee

0.00

Buyer Agent Compensation

2.500

Utilities

Cable Connected, Electricity Connected, Propane, See Remarks

Nipomo Neighborhoods

Courtesy of Morgan Brothers Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.

Rover IDX