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1273 Belridge Street

Oceano, CA 93445
  • $4,950,000
  • STATUS: Active
  • ON SITE: 357 Days
  • ID#: OC22023585
$4,950,000
  • 0
    BEDS
  • 1.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Carl Wuestehube of Tri-Star Realty (800-621-4258)


Description

27 unit apartment development opportunity. All entitlements approved by County, invest $2,500,000 for 50% Joint Venture Partner or purchase said property outright with entitlements for $4,950,000 on this prime 1.86 acres located in Oceano, CA, only 1/2 mile from the Pismo Dunes and beach. It is located in the Opportunity Zone which has tremendous tax benefits to the Owner/Buyer. Site has all the utilities to the property and is ready for the construction of the 27 Units. SLO County CUP for 27 large 3 and 4 bedroom apartments each with private oversized 2 Car garage and 2 assigned parking spaces. Building and Grading Permit Applications in process.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-30T00:26:07.36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | eXp Realty of California Inc. Licensed in the State of California, USA.
www.searchcaliforniahomes.net/homes/125441203
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1273 Belridge Street Oceano, CA 93445

  • Price: $4,950,000
  • Status: Active
  • On Site: 357 Days
  • ID#: OC22023585
0
Beds
0
Baths
0
½ Baths
1.77
Acres
Neighborhood:
Oceano(350)
County:
San Luis Obispo
Area:
OCNO - Oceano
Property Description
27 unit apartment development opportunity. All entitlements approved by County, invest $2,500,000 for 50% Joint Venture Partner or purchase said property outright with entitlements for $4,950,000 on this prime 1.86 acres located in Oceano, CA, only 1/2 mile from the Pismo Dunes and beach. It is located in the Opportunity Zone which has tremendous tax benefits to the Owner/Buyer. Site has all the utilities to the property and is ready for the construction of the 27 Units. SLO County CUP for 27 large 3 and 4 bedroom apartments each with private oversized 2 Car garage and 2 assigned parking spaces. Building and Grading Permit Applications in process.
Exterior Features

Lot Features 0-1 Unit/Acre View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Curbs Land Lease YN No Listing Agreement Seller Reserved Listing Service Limited Service Listing Terms CashCash To New LoanConventional1031 Exchange New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-30T00:26:07.36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | eXp Realty of California Inc. Licensed in the State of California, USA.
 
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Cory Home Team | eXp Realty of California Inc
41951 Remington Ave., Ste 260
Temecula CA, 92590
Listing Agent(s): Carl Wuestehube of Tri-Star Realty (800-621-4258)