945 Pomeroy, Nipomo
$2,900,000 - 56 AcresMLS® # PI24076347
Byron Grant Century 21 Hometown Realty, Arroyo Grande Office
646 Grande Ave, Nipomo
$3,350,000
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0 Bed
0 Bath
4.3 Acres
0 Garage
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!
Essential Information
- MLS® #
- SC24014963
- Price
- $3,350,000
- Bathrooms
- 0.00
- Acres
- 4.30
- Type
- Land
- Status
- Active
Community Information
- Address
- 646 Grande Ave
- Area
- NPMO - Nipomo
- Subdivision
- Nipomo(340)
- City
- Nipomo
- County
- San Luis Obispo
- Zip Code
- 93444
- Community Features
- Suburban
- Senior Community
- N
Amenities
- View
- Hills, Mountain(s)
Utilities
Electricity Connected, See Remarks, Cable Connected, Propane
Lot Description
Near Public Transit, Yard, 11-15 Units/Acre, 16-20 Units/Acre, 21-25 Units/Acre, 6-10 Units/Acre, Lot Over 40000 Sqft, Secluded, Value In Land
Additional Information
- Date Listed
- January 23rd, 2024
- Days on Market
- 102
- Zoning
- RMF - 15/acre
Listing Details
- Agent
- Chase Morgan
- Office
- Morgan Brothers Real Estate
LISTING MAP
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Chase Morgan - Morgan Brothers Real EstateBased on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 9:51pm PDT. 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.