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Cambria,CA 93428
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 54,450 sqft
Price per Sqft $20
Subdivision Lodge Hill(430)
MLS Listing ID SC24001286
HOA Y/N No
Lot Size 1.250 Acres
Acres 1.25
Property Description
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!
Location
State CA
County San Luis Obispo
Area Camb - Cambria
Zoning RMF
Exterior
Community Features Mountainous
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available
View Y/N Yes
View Hills,Park/Greenbelt,Trees/Woods
Building
Lot Description 0-1 Unit/Acre
Water See Remarks
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
SIGN ON PROPERTY 1
TERMS Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Owen
SHOW CONTACT PH 8052155063
SHOW INSTRUCTIONS Vacant land so go and show.