>>>>>>>>>>>alt=”400 N Oakglen Avenue 090151009 [0]” >alt=”400 N Oakglen Avenue 090151009 [1]” >alt=”400 N Oakglen Avenue 090151009 [2]” >alt=”400 N Oakglen Avenue 090151009 [3]” >alt=”400 N Oakglen Avenue 090151009 [4]” >alt=”400 N Oakglen Avenue 090151009 [5]” >alt=”400 N Oakglen Avenue 090151009 [6]” >alt=”400 N Oakglen Avenue 090151009 [7]” >alt=”400 N Oakglen Avenue 090151009 [8]” >alt=”400 N Oakglen Avenue 090151009 [9]” >alt=”400 N Oakglen Avenue 090151009 [10]” >Approximately 20 acres of the Property adjacent to the High School has an antiquated, unrecorded underlying 1887 subdivision map. The county uses it in defining the assessor parcels (APNs). The assessor’s parcel map is used herein to determine acreage but it only references the lots in the antiquated subdivision map and therefore the acreage for the nonexistent paper streets and alleys are not included in the 99 +/- acres referenced herein.
Owned today by direct descendants of the famous Captain Dana who owned the original 1837 Mexican Land Grant, the Property has a long history of irrigated farming. It is currently leased to a grower who has been growing squash and peppers. Currently there are 76 acres leased with rents at 1,500 dollars per acre per year totaling 114,000 dollars annually, with some potential to add additional acreage. The lease expires November 30, 2025. The Property is In the vicinity of other irrigated farming operations, including strawberries, vegetables, avocados and citrus. There is one irrigation well that is reported to produce 450 GPM currently. Water is delivered via a combination of underground and above ground pressurized main lines. There is a cell tower located on the Property which brings in about 22,000 dollars annually with annual increases. The Property is located in the Sphere of Influence of the Nipomo Community Services District. It is not subject to a Williamson Act contract.
Courtesy of Rincon Corporation. 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 2025. California Regional Multiple Listing Service. All rights reserved.
