$713,400
For Sale

90131001 W Branch Street

Nipomo, CA 93444
1.49 acres | #SC23040665
Listing OfficeGreater Heights Financial & Realty Inc
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. Part of the value of this property for residential is its proximity to one of the most popular restaurants on the central coast, Jockos Steakhouse. The property is flat and is within the urban reserve line.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
      • Lot DescriptionLevel, RectangularLot, StreetLevel, Flat
      • CountySan Luis Obispo
      • Sewer InformationPublicSewer
      • SubdivisionNipomo(340)
      • MLS #SC23040665
      • MLS #SC23040665
      • Property TypePurchase
      • Original List Price$713,400
      • Utility SourcePublic
      • Cost713400
      • ViewHills
      • Acres1.49
      • Property SubtypeLand

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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