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Lot For Sale
1981 Green Street
Cambria, California 93428
San Luis Obispo CountyCommunity: Lodge Hill(43)
$1,300,000
1.250 acres
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!
- Lot Size: 1.250 acre
- Lot Dimensions:
- View Types: Hills, Park
- MLS #: SC24001286
Ad Number: 4480175
Viewed 29 times.
Updated: May 10, 2024
This property is a Lot located at 1981 Green Street, Cambria, California 93428, and is currently For Sale at $1,300,000.
Listing Agent: Owen Schwaegerle, Stravinsky Holdings Inc, 805-215-5063, 805-548-8686
Listing Site, Listing Status: Active
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