1981 Green Street
Cambria, CA 93428
- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
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!
Listed By CRMLS_CA / Owen Schwaegerle / Keller Williams Realty Central Coast / 805-215-5063
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Last updated May 9, 2024
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MLS# SC24001286 —
This property is listed in more than one place. See it here.
Walk Score®
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Bike Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/3/24
Jan 3, 2024
|
Listed / Active | CRMLS_CA | $1,300,000 | |
5/15/19
May 15, 2019
|
Listed / Active | CRMLS_CA | ||
11/13/18
Nov 13, 2018
|
Listed / Active | CRMLS_CA |