$360,000
$713,400
49.5%For more information regarding the value of a property, please contact us for a free consultation.
0.86 Acres Lot
SOLD DATE : 08/10/2022
Key Details
Sold Price $360,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Nipomo(340)
MLS Listing ID SC21007670
Sold Date 08/10/22
HOA Y/N No
Lot Size 0.861 Acres
Lot Dimensions Public Records
Property Description
This property is situated on the corner of W Branch Street and North Mallagh Street and continues east to Burton Street. Although is zoned Office Professional, it can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both.
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 directly across the street from a residential single-family home development. The subject property has frontage on Mallagh St, Branch St, and Burton St. The property is flat and is within the urban reserve line. The lot can be purchased for $713,444.
Location
State CA
County San Luis Obispo
Area Npmo - Nipomo
Zoning Commercial or Residential
Interior
Fireplace No
Exterior
Fence None
Community Features Biking, Dog Park, Foothills, Fishing, Golf, Hiking, Horse Trails, Stable(s), Hunting, Lake, Mountainous, Near National Forest, Preserve/Public Land, Rural, Storm Drain(s), Street Lights, Sidewalks, Urban, Valley, Water Sports, Park
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Hills
Building
Lot Description Level, No Landscaping, Near Park, Near Public Transit, Rectangular Lot, Street Level, Flat
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 090131001
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Option, Owner May Carry, Private Financing Available, Trust Conveyance, Trust Deed, Trade
Horse Feature Riding Trail
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Option, Owner May Carry, Private Financing Available, Trust Conveyance, Trust Deed, Trade
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
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