$1,100,0001.25 Acres
For Sale
For Sale
$1,100,0001.25 Acres
For Sale

1981 Green Street, Cambria, CA 93428 - San Luis Obispo County

Undeveloped
Static Google Map
Property ID 19192588

Land/Lot - Cambria, CA

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!

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Contact Seller

Keller Williams Realty Central Coast

License #02040597

San Luis Obispo, CA

(805) 215-5063
Listing provided by
Owen Schwaegerle
Keller Williams Realty Central Coast(805) 773-7777
Source: ListHub, MLS# SC24001286
Listing status: Active
Listing last updated: January 4, 2024 at 11:38 AM
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Owen Schwaegerle

Keller Williams Realty Central Coast
(805) 215-5063

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Owen Schwaegerle

Keller Williams Realty Central Coast